![]() The payments system is underpinned by the Flexa token, which appeared to be gaining attention, mencicil the firm made the surprise introduction of AMP. Things are trickier, however, when making crypto payments that are not converted into fiat, which we will come onto later. Crypto are converted to fiat payments so merchants receive their payments in cash. The platform was originally funded by a sell-off of the Flexa (FXC) token, with several major venture capital firms involved.įlexa soon launched its Spedn payments app, which offered an easy way to pay for goods and services with leading cryptocurrencies. It was set up in New York by Daniel McCabe, Trevor Filter, Tyler Spalding and Zachary Kilgore. So is AMP going to help finally bring in a new age of digital finance? Or is this simply another overly ambitious crypto project in an already crowded space? In the following AMP price prediction for 20, we’ll be taking a closer look at the token and exactly what it has to offer the industry.ĪMP is actually the brainchild of Flexa, a cryptocurrency payments tribune that’s been around since 2018. However, it seems that security is still the main issue holding crypto back–and this is something that AMP intends to rectify. Similarly, the issue of extreme volatility with digital currency has been solved with the invention of stablecoins. Initially, it was transaction speed that prevented BTC becoming viable on a commercial scale, but blockchains are much faster now. AMP seeks to reassure such doubters.ĭespite cryptocurrencies being in the headlines more than ever before and numerous blockchain-based industries emerging in recent years, many industry commentators have pointed out that digital currency is still yet to make good on its original remit of becoming a dominant payment method. Whereas few would deny that cryptocurrency is now more mainstream than ever before, there are still those who doubt its security as a means of payment. AMP is an intriguing project that essentially improves upon the original remit of cryptocurrency by providing a secure payment option via the Flexa network. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |