• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Qubetics: Efficient Cross-Border Payments Using Blockchain Technology

user avatar

by Giorgi Kostiuk

a year ago


Cross-border payments have historically posed significant challenges for financial institutions and their clients. Conventional methods for transferring money internationally are often inefficient, marked by high fees and sluggish processing times.

Challenges of Traditional Cross-Border Payments

These delays can significantly affect small and medium-sized enterprises (SMEs), disrupting cash flow and impeding operational efficiency. Existing systems often rely on traditional banking frameworks, leading to high fees and slow processing times. Additionally, financial institutions face complex regulatory compliance challenges across different countries, compounding the issues associated with international transactions.

Qubetics' Approach to Solving Issues

Qubetics directly addresses these challenges with its innovative platform. By eliminating the need for multiple intermediaries, Qubetics enables direct blockchain-based transactions, ensuring swift settlements and significantly lower costs. The integration of smart contracts allows users to monitor their transactions in real-time, providing transparency and confidence.

Upcoming Presale of $TICS Tokens

As the presale for $TICS tokens approaches, set for September 27, 2024, investor interest is growing. This presale provides an opportunity to acquire tokens at a lower price before they are widely available.

Qubetics is at the forefront of revolutionizing cross-border payments by effectively addressing the inefficiencies of traditional methods. Its blockchain-based approach not only improves the transaction experience but also offers significant benefits to financial institutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Binance Founder CZ Discusses Bitcoin Price Decline

chest

Binance founder Changpeng Zhao discusses the decline in Bitcoin prices, emphasizing the importance of investor psychology and strategies for buying and selling during market fluctuations.

user avatarDiego Alvarez

Stablecoin Integration Promises Surge in Institutional Investments

chest

The integration of stablecoins in Hong Kong's crypto framework is expected to attract more institutional investors.

user avatarMaria Fernandez

TAO Retests Strong Support Ahead of Upcoming Halving

chest

Bittensor's native token, TAO, is currently retesting a significant support level as it approaches its halving event in December 2025.

user avatarKenji Takahashi

Weird Coin WEIRD Launches on BNB Chain

chest

Weird Coin WEIRD has officially launched on the BNB Chain through a fair and permissionless deployment on Fourmeme.

user avatarGustavo Mendoza

Ethereum's Focus on Layer 2 and Deflationary Strategies

chest

Ethereum is implementing deflationary strategies and scaling advancements through Layer 2 solutions, expected to enhance its market position by 2026.

user avatarRajesh Kumar

Federal Reserve to Cease Quantitative Tightening on December 1.

chest

The Federal Reserve is set to conclude its quantitative tightening phase on December 1, 2023, which may benefit Bitcoin and the broader crypto sector.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.