• The global financial system has evolved with the introduction of multiple inventions such as the gold standard, banking communications, and remittances.
• Cryptocurrency, cryptography, distributed ledgers, and blockchain technology are changing P2P payments and global value exchanges.
• WPAY is a decentralized payment system that implements cryptographic proof to protect users against fraud while also supporting small transactions.
The Global Financial System Evolution
The global financial system has undergone numerous changes throughout its lifetime. With the introduction of the gold standard followed by advancements in banking communications, digitized international trade and investment, and remittances – all of these inventions have made the world economy more efficient. In recent years, this trend hasn’t stopped with world-leading entrepreneurs still releasing exciting products that make finance easier for everyone.
Introducing WPAY: A Decentralized Payment System For Everyone
WPAY is a decentralized payment system that is based on cryptographic proof rather than trust. This means it allows for direct transactions to take place between people without the need for a third party which helps many people avoid entry barriers, high fees, slowness, and risks of censorship associated with traditional payment platforms such as PayPal. Furthermore, WPAY’s application of advanced cryptography protects users against fraud while also supporting small transactions.
Our Digital World & Solutions To Banking Risks
As our world becomes increasingly digital in every aspect including social media interactions, communications business & finance so too does realistic banking & app risks like frauds & hacks become more prevalent each day. WPAY seeks to solve this problem with their platform using blockchain & cryptography technology to ensure secure & irreversible transactions between seller/buyer protecting them from fraud or payment uncertainties respectively – providing a win-win solution overall!
The Benefits Of Using WPAY
WPAY’s platform provides many benefits over traditional payment systems including: no entry barriers; low fees; fast transactions; protection from censorship & fraud; secure transaction methods; supports small transactions; and uses advanced cryptography techniques which makes it an attractive option for those looking to make payments in an efficient way.
The WPAY Token
In order to use the services offered by WPAY they have released a token called World Pay Token ($WPAY) which can be used as currency within their platform allowing users access to their wide range of services including peer-to-peer payments and other financial products such as loans & investments etc…