Review on Asian Fintech by Carlos Figueroa
Enterprise blockchain and commercial application development
Based in Singapore, its current objective is expansion in the Asian market, given its potential and financial capital, since it is intended for companies to offer potential solutions for financial transfers with other companies located in other countries without the need for an intermediary or bank.
Given the appearance of many cryptocurrencies that also have a commercial objective, with a system that allows them to manage much faster and lower cost commercial payments, it is the competition that the Asian Fintech team possesses, however it can be revealed that the strategic position it has can be a point in favor, but as long as their services and products are in perfect working order, which for the time being has remained stable
Pros
- Provides an online business platform for various entrepreneurs and companies.
- Integrates an efficient token in terms of transfer rate and network speed.
- Execute smart contracts that reduces the time spent on managing legal documents by reducing legal and regulatory steps
- Currency developed with a Co-Blockchain system.
- Developed and destined for the Asian market on the continent.
Cons
- It is notoriously dependent on the adaptability of companies to get into blockchain technology.
- The integration of two currencies with the same name can cause confusion and errors within the platform.
