Review on Nyerium by francis fernandez
With Nyerium you no longer need to have a bank account!
Electronic commerce offers many advantages to the business world and facilities for managing personal finances.
However, for those with a considerable level of poverty, even the slightest expense for payment of transaction fees is a reasonable or even impossible sacrifice to make.
Based on this context, the founders of Nyerium developed a cryptographic platform that aims to make the use of digital commerce affordable for the inhabitants of those regions of the world that live in extreme conditions of poverty.
In this sense, the platform uses the native NYEX currency to reduce the high cost of electronic commerce and help the world's most needy people through:
Provide a payment instrument at an affordable rate for executing operations on the network
Serve as a cryptographic bridge for remittance delivery service to the most needy populations in Africa and the Middle East region
Contribute to the development of peoples suffering from conditions of extreme poverty by giving them the opportunity to access a digital economic system with cheaper rates than conventional and prestigious platforms in the decentralized finance market.
Promotes the incorporation of the inhabitants of these regions to the coin mining market to obtain a secure source of income
Pros
- Secure payment instrument to send remittances
- Provides a reliable solution for those who do not have a bank account
- Promotes aid to the world's most underserved populations
- Promotes e-commerce at an affordable cost for low-income people
Cons
- Few functions
