HOW FILIPCOIN IS EXPLORING DEFI OPPORTUNITIES IN THE PHILIPPINES
Some countries are yet to acknowledge the fact that cryptocurrencies have come to stay. Bitcoin kicked off the drive for cryptographic payments – followed by Ethereum and other crypto assets.
Today, you can trade or hold a wide range of cryptocurrencies, provided the adoption of cryptocurrency is massive at your end.
As it stands, some countries are either sitting on the fence as far as cryptocurrency adoption is concerned, or they are placing outright ban on cryptocurrencies.
The Philippines is one of the countries where the application of cryptographic payments would be appreciated. The country is set to witness one of the unique and explosive cryptocurrency projects called Filipcoin.
This is a project driven by experienced and ambitious team that is committed to creating a pathway for cryptocurrency adoptions in the Philippines.
DRIVING THE VEHICLE WITH CRYPTO
It is not out of place for Filipcoin to pursue the cryptocurrency adoption by taking over the wheels from traditional financial systems.
In the place of paper money and electronic wallet payments, Filipcoin now allows Filipinos to pay for products and services using some of the supported cryptocurrencies.
Besides, the project targets the transportation sector, because that is one of the Philippine economic sectors that witnesses huge patronage from the locals and tourists.
MOBILE CRYPTO PAYMENTS
There have been cryptocurrency projects that enabled mobile payments, but none came as close as allowing the users to book and pay for a ride with crypto in the Philippines.
Thus, Filipcoin will be one of the earliest cryptocurrency projects to come with brilliant payment solutions for the Filipino transportation industry.
EXPLORING DEFI IN THE FILIPINO TRANSPORTATION INDUSTRY
Filipcoin is also looking to integrate Decentralized Finance (DeFi) payments into the Filipino transportation industry.
This is important because cryptocurrencies are meant to be decentralized or free of intermediary influence. That is what the Filipcoin would do for the Filipino transportation sector by ensuring that the coin (Filipcoin) would be transacted from the users/passengers to the transportation company.
One of the highlights of Filipcoin is the fact that it doubles as the payment gateway between the Filipcoin ecosystem and many other industries in the Philippines.
Besides, this payment gateway makes it easier for Filipcoin to be able to facilitate financial transactions between the project, its users and other sectors of the Filipino economy.
Massive Payment Processing
In addition to the above, Filipcoin is also working hard to create, provide and facilitate massive payment facilities that would be used to fulfill community needs.
These massive payment options would go a long way to ensure that Filipcoin and its users enjoy real-time payments, as well as meeting the different financial needs of its community members.
The Filipino transportation industry is set to receive a major boost, as Filipcoin is here to usher in lots of innovative products that would take the different industries to greater heights.
I am optimistic that this project can implement most of its services to ensure an all-around improvement in the Filipino economy.
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