Alright, here's a Binance Square post sharing my favorite crypto use case-speaking of which.
Hey #BinanceSquare fam! 👋
Seeing as we are sharing our favorite crypto use cases, I would like to bring attention to cross-border payments and remittances. To put it simply, the subdomain of traditional payments of sending money internationally has several drawbacks such as being slow, expensive, and having the potential for multiple additional fees.
Encrypting data crypto on the opland is moreover, more accessible, faster and neater method to transfer and communicate value across borders. Imagine the impact this has on, households, peoples and families relying on remittances!. It minimizes the hassle by getting rid of the mediators which means more money and resources for the ones on ground.
Do you have a favorite crypto use case? share with us in the comments. Let's discuss! 👇 #CryptoUseCases #Remittances #DeFi #Blockchain
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