Review on Chimpion by David Olayide
Chimpion
The Chimpion project is defined as an ecommerce, point of sale, digital wallet with crypto to fiat payment system. Soon, Chimpion plans to launch an e-commerce storefront that will allow merchants to accept cryptocurrency payments, and also choose whatever ltcoin they like the most, as the base currency denomination. Doing this will allow the merchant to settle their crypto into fiat through a stablecoin.
Basically, Chimpion brings both the fiat and cryptocurrency assets together under a single platform. Truth be told, the advent of the Blockchain technology has fostered a lot of changes and innovations to the e-commerce sector today, and most of these changes are clearly seen and felt on many e-commerce structures and platforms today.
Both merchants and buyers can now trade with fewer restrictions and challenges to the payment system as there are now a variety of options to pick from. Whatever option appears to be easiest. BNANA the official digital token, is mostly traded on the Mercatox cryptocurrency exchange.
Chimpion is a good project and at least it provides a very efficient system for the management of both cryptocurrency digital assets and fiat currencies.
Pros
- Digital assets and Fiat currency management are put together under one platform
- Chimpion champions the e-commerce sector
- The services of the platform is hosted on the blockchain
Cons
- Not a lot of people know about this project
- Little impact on the global market
