FxPay: The Gateway Decentralized To The World Digital Ecosystem
Introduction The foreign exchange market (forex) can be referred to as a decentralized global market for exchanging currencies virtually. Simply put, foreign exchange is the conversion of one currency to another. As we move towards a global world, there has been a significant increase in the number of foreign exchange transactions over the past few years which shows massive adoption. In addition, its success in operations, it is quite unfortunate that the forex market is currently facing important problems that have not been handled properly. This includes high deposit and withdrawal fees, lack of consistency with regard to brokerage fees, delays in the entire exchange process and several others. The FxPay team is trying to utilize blockchain technology to help overcome the problems mentioned in the forex market. They focus on implementing cost-effective solutions for brokers, traders and liquidity providers. Problem Room Somehow it is amazing to see a market that