The Havven Platform Offers Stable and Predictable Payment Services
Rahul Kalvapalle — February 7, 2018 — Tech
References: havven.io & cryptovest
'Havven' is the name of an innovative new decentralized payment platform that is designed to make it possible for cryptocurrency assets to be used as a predictable and reliable means of payment.
The one big hurdle that's blocking many cryptocurrencies from becoming viable forms of payment is the fact that these coins are highly volatile and come with extraordinarily high transaction fees. This is where Havven comes in. By using a stable digital asset to function as currency, the platform lets people trade in both stabilized tokens as well as so-called 'havven' tokens that act as collateral.
The project is currently raising funds through an initial coin offering that aims to distribute 60 million tokens to kick off a project that could bring some much-needed stability to the highly volatile world of cryptocurrency payment.
The one big hurdle that's blocking many cryptocurrencies from becoming viable forms of payment is the fact that these coins are highly volatile and come with extraordinarily high transaction fees. This is where Havven comes in. By using a stable digital asset to function as currency, the platform lets people trade in both stabilized tokens as well as so-called 'havven' tokens that act as collateral.
The project is currently raising funds through an initial coin offering that aims to distribute 60 million tokens to kick off a project that could bring some much-needed stability to the highly volatile world of cryptocurrency payment.
Trend Themes
1. Decentralized Payment Platforms - Disruptive Innovation Opportunity: Developing stable digital assets that can function as reliable forms of payment, overcoming the volatility and high transaction fees of many cryptocurrencies.
2. Stabilized Tokens - Disruptive Innovation Opportunity: Creating tokens that are pegged to a stable asset, providing a predictable and reliable means of payment in the cryptocurrency world.
3. Initial Coin Offerings - Disruptive Innovation Opportunity: Utilizing ICOs as a crowdfunding method to raise funds for innovative projects that aim to bring stability and innovation to the cryptocurrency payment industry.
Industry Implications
1. Cryptocurrency - Disruptive Innovation Opportunity: Developing decentralized payment platforms and stable tokens to revolutionize the way cryptocurrencies are used for transactions.
2. Financial Technology - Disruptive Innovation Opportunity: Integrating stable digital assets and decentralized payment platforms into existing fintech solutions, enhancing the efficiency and reliability of payment services.
3. Blockchain - Disruptive Innovation Opportunity: Leveraging blockchain technology to create decentralized payment platforms and tokens that provide stability and predictability in the cryptocurrency payment industry.
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