Putin On The Reliability Of Blockchain - Based International Payment System

avatar

In the recent world, blockchain technology has really gained the public eye has regards security and the level of transparency it possesses. In recent event the president of Russia is calling for the international community’s to embrace the technology as he says the payment system is pretty much suitable to the recent world.

77F0917A57D742799D70F675E47F9AD1.jpeg
source

In the reports which was published by the news agency, Putin says that;
“It is possible to create a new system of international payments based on digital currency technologies and distributed registries, much more convenient, but at the same time completely safe for participants and independent of banks and third-party interference.”

Which he also shaded the current payment system which he claims that it is being ran and governed by some selected individuals and entities (both government and private owned).

“In the conditions of the current illegitimate restrictions, settlements are one of the attack lines. The current international payment system is expensive, and its correspondent account system and regulation are controlled by a small group of states and financial companies.”

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance Beta



0
0
0.000
1 comments