SINGAPORE – Rate3 envisions a future where all forms of assets – including money, stocks, real estate, intellectual property and even an individual’s time – are interchanged seamlessly between application users of various public blockchains. Over the past few decades, global economic trade has almost single-handedly propelled developing economies into significantly higher standards of living. […]
The post Rate3 Bridges Enterprises With Blockchain’s Benefits Through Asset Tokenization appeared first on NullTX.
Powered by WPeMatico
]]>
SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly.
The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time - especially for cross-border payments - are excessive and inefficient. Secondly, there is no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Card fraud, which remains as a main concern for online retailers, is costing online retail merchants billions of dollars today and is expected to rise to US$31.7 billion by 2020. Lastly, there is selective and deliberate exclusion from our financial systems today. This is especially prevalent and obvious in Southeast Asia (SEA): 73% of the 600 million SEA residents have no formal access to financial institutions.
The post PR: Rate3 Wants to Empower a Truly Global Payment and E-Commerce Network by Making It Fair, Transparent and Cheap appeared first on Bitcoin News.
Powered by WPeMatico
]]>
SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time — especially for cross-border payments — are excessive and inefficient. Secondly, there is no fully transparent and tamper-free reputation systems to assess the trustworthiness of buyers and sellers. Card fraud, which remains as a main concern for online retailers, is costing online retail merchants billions of dollars today and is expected to rise to US$31.7 billion by
Powered by WPeMatico
]]>