Review on Request by Alex Martakov
To minimize the risks, it is recommended to closely follow the news and study…
To minimize the risks, it is recommended to closely follow the news and study in detail the potential of the Request Network platform.
Pros
- - making payments online – the system assumes the absence of intermediaries and as a result – the reduction of fees; - protection of personal information from disclosure; - billing - Request Network offers to replace paper and electronic receipts with smart contracts, which simplifies access and payment system; - integration into internal accounting – creation of accounting books, registers of payroll and taxes; - the simplified system of purchases based on configurable options smart contracts. Taking into account this functionality, the scope of application of the Request Network payment system is quite extensive – from commercial activities to personnel records within the company. The potential of using the project as a result significantly increases its demand in a variety of areas.
Cons
- In addition to the positive factors identified by analysts, there are negative aspects. The focus is on the early stage of development: before the ICO Request Network, only two products were offered – white paper with plans and the official website. All subsequent proofs of concept are implemented after the fundraiser. Also back to the question of working on Moneytis – in both projects, one team of developers, and it is unclear how it will allocate time between them. In these circumstances, many experts warn against large investments on a long-term basis, but emphasize the possibility of trading and short-term investments.
