IMO the one actual competitors to cryptocurrency is Cellular Cash. Hope you have heard of it?
Simply take a look at the state of the trade report and you will agree;
Our venture MoTA World (Mode of Transfer Alternative World ) is aiming to carry blockchain expertise to that area of interest.
We discovered all the things we wanted to roll out with BCH.
It seems we’re fairly some time away from an ecosystem of strictly crypto to crypto transactions solely. For adoption to thrive we should construct a simple bridge:
MoTA World is being designed to confront the above. To problem cell cash by mimicking its flexibility and utility whereas leveraging the advantages of blockchain expertise.
The one actual challenges now we have confronted are the barrier between fiat and crypto particularly in our components i.e. cost gateways. Shaving 5-10% off worth when individuals convert fiat to crypto kills any prospects for abnormal use. Now we have an answer although. However the resolution will want a neighborhood.
In fact volatility stays a problem. We’re due to this fact entertaining a stablecoin driving on BCH.
Issues we hope to resolve with our venture:
price of fiat to crypto transformation and accessibility
availability of crypto (table-top distributors and nook outlets)
utility of crypto (shift from a speculative software to a remittance and micro tx software)
entry to technophobes & unconnected/offline individuals & communities (not everybody can or need to use a expertise or a pockets or has entry to web)
Restriction and borders (sure the tech is borderless however entry to crypto just isn’t)
BCH has already laid the bottom work by creating almost all of the instruments wanted for this. However this can’t be pulled off with solely instruments. Technique and Community are basic to getting this to work. In different phrases, now we have the instruments and the technique, now we’d like the individuals.
Any tips about how we will get the BCH neighborhood behind us?