There’s a number of projects at play that attempt to carry blockchain technology into real-world utility. For this market to sustain the growth it had witnessed in 2017, real-world utility needs to be demonstrated. While cryptocurrencies, the prime fruit of the blockchain, are, as per name, currencies, they see little velocity in use.

This is what TAP is going to address.

Cryptocurrencies face limited spending and are primarily utilized for just speculative trading. An upcoming application taps into the order books of several exchanges and a payment network. The result is that the TAP application allows users to securely transact their coin holding through the tapped exchanges, and then funneling the acquired fiat from the sale to pay for any transaction at a typical point-of-sale system.

This is just a base introduction to TAP.
I’ll be covering this project more deeply in a future post.