The Shiba Inu Group drew attention to the system called Shıb Pay, which aims to provide alternatives in digital payments. The community shared the information that it provides a non -centralized structure that is not dependent on traditional payment organizers. This application aims to respond to the need to transfer digital assets at a faster and lower cost.
Features of Shıb Pay
The new system allows users to perform On-Chain transactions. In this way, traditional businesses do not need to intervene in payment transactions. Users can carry out their own transactions without waiting for approval by a central authority while paying.
In addition, the system has its own customized management model. When processing, crypto wallet switches can directly belong to traders. This method aims to reduce possible restrictions and intermediary institution risks.
Competition in the field of digital payments
On the other hand, leading companies in the sector such as Ripple, Tether and Circle are also taking steps in the field of digital payment. With Tether’s stable digital currency studies, Circle’s development of payment network, which facilitates cross -border transactions, increases competition. These initiatives are considered part of their efforts to create an alternative to traditional systems.
Eric Trump, one of the leading names of an American era, said that digital assets will eliminate the disruptions of the current payment infrastructure.
Eric Trump: orum If banks ignore the upcoming change, I think they will not be able to survive in ten years. ”
Explanations were made to emphasize the advantages of digital systems such as faster transactions, low processing fees and wide accessibility. These efforts are considered to provide an alternative to problems such as slowness and high cost in the current financial ecosystem.
So far, innovations in the ecosystem of digital existence have made promising developments in the evolution of payment systems. The introduction of Shıb Pay is seen as an important part of the steps to accelerate the digital transformation of the sector.
Developments indirectly bring about traditional financial systems. In this context, the new applications put forward aims to strengthen the role of digital assets in daily payment transactions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
