Although there is no comparison yet to venmo, cashapp, zelle, all the aforementioned digital cash quickpay apps are creeping into the digital territories. The banks and VC backed platforms know that they need to be on the forefront of change or be left behind.
The current volatility of a crypto market though, however, allows a holder of assets an appreciation on their coins as constant adoption happens. Down the road when there is less volatility - these bank apps may even turn to crypto wallets. Look at $TPAY, they just bought a portion of a bank with ICO money to allow for this.
Yes. 🙂
Although there is no comparison yet to venmo, cashapp, zelle, all the aforementioned digital cash quickpay apps are creeping into the digital territories. The banks and VC backed platforms know that they need to be on the forefront of change or be left behind.
The current volatility of a crypto market though, however, allows a holder of assets an appreciation on their coins as constant adoption happens. Down the road when there is less volatility - these bank apps may even turn to crypto wallets. Look at $TPAY, they just bought a portion of a bank with ICO money to allow for this.