Crypto currency (cryptocurrency) is a digital payment tool that is safe from acts of counterfeiting, copying and alteration. Each of these virtual coins has a special number, with crypto currency transactions carried out anonymously using a special key. Transactions that have been made cannot be canceled.
Information about transactions is usually available openly. For example, bitcoin - the most popular crypto currency -, the information is presented in the form of a continuous chain of transaction blocks, where each last block stores data from a previously valid block, this aims to ensure the continuity of the network.
Crypto currencies are created, calculated and applied without internal or external management, do not have a central management and physical realization. Therefore, the approach to the digital currency is very diverse, let alone a single consensus regarding its economic substance and its legal status does not yet exist.
Cryptocurrencies cannot be used in daily life transactions due to price fluctuations and cash-out problems. MenaCash which is 100% supported by USD will be used as the currency for transactions through the MenaPay platform.
MenaCash will always be equal to 1 USD and traders will be able to cash-out from the MenaPay foundation. MenaPay also provides easy-to-use solutions such as desktop and mobile wallets, API and SDK integration, reporting and management dashboards for traders, all with Arabic user interfaces.
MenaPay is the primary square based installment door that is completely upheld in the Middle East and Africa. EdenPay replaces customary installment techniques with cryptographic money completely upheld by blockchain. Mission MenaPay is building online sites and applications that will permit coordination of crypto installment answers for different sites and backings Arabic on the dashboard.
New installments like Bitcoin and other digital money arrangements have disillusioned us since they are costly and include huge and inappropriate exchange costs for your every day installment needs, for example, purchasing basic supplies, paying for taxis and different administrations accessible for every day. EdenPay expects to change business as usual by bringing 100% non-bank Islamic advanced arrangements, utilize blockchain to make a solitary cash for use in every day and cross-outskirt exchanges, https://www.menapay.io/
P2P exchanges
Associate to Merchant Payment
– Merchant M2F to
Green Mining Foundation
In facilitate improvements the usage of this program is the North Africa and Middle East districts. With innovation progressing and the whole Blockchain environment developing at an estimable pace, a great part of the improvement happens in a few pockets of the world. The Middle East and North Africa have so far stayed disengaged from development on the Blockchain. This district is under the saving money framework that was produced because of Islamic Sharia law which forbids enthusiasm on advances. Accordingly, the GCC locale has sharia-agreeable money related foundations that speak to around 1% of the world’s aggregate resources. This area likewise has an extremely divided with different monetary forms that have prohibited the incorporation of all districts into one market.
Payment Processing
Products
TOKEN DETAIL
ICO Structure of MenaPay
400 Million MenaPay Tokens will be generated and 64% of the coins will belong to the community
Partners
Calling Financial Services companies in Audit, Escrow and Security. MenaPay offers opportunities for partnering in its development of crypto services and market development.
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AUTHOR : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
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