Steempayco is a new payment platform, similar to what we traditionally know as PayPal, but driven by blockchain technology. Instead of using fiduciary money as in a conventional system, use Steem Dollar, like being able to receive instant payments from anywhere in the world without conversion or monetary commission. Starting from there, we understand SteemPayco as an alternative to conduct monetary transactions in any form, such as traditional systems, but with the ease and benefits that blockchain gives us. Looking at the technological revolution that we have in this generation, it may seem extraordinary that money exchange systems such as paper money continue to be used, taking into account their clear physical limitations.
It can be said that the majority of transactions around the world are made digitally, through bank cards, but with commissions that can vary, and although bank transfers have also been used for some time, in some cases their systems may not be perfect, combined limitations such as conducting interbank transactions different, to other parts of the world, currency conversions, etc. However, the problem is the use of cash is still quite important. Many banks have made mobile applications and ways to simplify payment methods, and that's good. However, it's good to oversee attractive alternatives such as SteemPayco, which in addition to facilitating instant transactions; It has no geographical restrictions. You can transfer money anywhere in the world without paying any commissions, without monetary changes or intermediaries, and that is something quite interesting.
This can work depending on the use you need, if you are an active internet user at some point you have to make payments for services. Given that there is a page to change SBD to local currency, there should be no problem. However, ideally it is to use it as a form of payment that is valid for almost anything. We talked about being able to pay in a physical store from your cellphone with this platform, whether you will eat, buy clothes, or even pay for some maintenance services to your car, etc. That sounds pretty innocent, but that is something that can be achieved by normalizing its use and predicting its benefits, so that more and more people trust crypto as a currency for doing business everyday.
Many have talked about the revolution that cryptocurrency can mean, however, that the future is one that must be built on a daily basis, the creation of alternatives like this for traditional transactions must be supported by applying them little by little in the market. every day so that public opinion is strengthened, and crypto as a stable currency. At present the system is limited to certain transactions and limited use due to low adoption rates for young people who are cryptocurrency, but interesting methods like this can increase to be able to access new forms of payment for practical and profitable results.