An Introduction To MenaPay.

The blockchain technology and cryptocurrency is gradually receiving attention and slowly moving for global adoption but the one thing that still hasn't made it achieve this feat is because it is still yet to be made easy to use just like paper money, I mean with paper money (fiat currency) you can basically run up all daily transactions ranging from paying for goods/services online to paying for your drinks in a bar, food in a restaurant and paying for stuffs in shopping malls. Cryptocurrency is yet to function like this and that is where MenaPay comes in. Before I define what MenaPay is, I'd like to give a brief summary on what the acronym " Mena" means.

The phrase "Mena" is an acronym referring to the Middle East and North African region which covers an extensive region stretching from Morocco to Iran including all Mashriq and Maghreb countries and have an estimated population of 400 million people.

Now, what is MenaPay?

MenaPay is the first blockchain based non-bank digital payment gateway for building the biggest cashless society in the world, it focuses primarily on the Mena region.

MenaPay is built on the blockchain technology because of the unique abilities that the blockchain can perform such as;

Fast transaction speed

Security

Transparency.

Banks fail tremendously in providing these three main unique qualities to their customers and that is why the blockchain technology is being implemented and used as the core foundation of MenaPay so that it's users will enjoy great benefits and feel relaxed when making use of this type of financial system.

The MenaPay foundation focused primarily on the Mena region because of how the countries in the region currently are, when this area comes to mind you think of war, but it isn't totally so as other parts such as Dubai, Turkey and Egypt are entirely peaceful countries and are well known for their oil wells, great quality clothing materials and tourism respectively. In bringing this project to the Mena region, the area ravaged by war will greatly benefit from it as they will have all their assets stored in their mobile wallet and also make use of these their assets just as they make use of fiat money, what I'm talking about is that, with MenaPay users will be able to actually get drinks from a bar, get food from a restaurant and stuffs from shopping malls and pay with cryptocurrency.

With this implementation, every one would feel completely relaxed of their funds and won't have to worry about daylight robbery or the annoying bank issues too, every one will completely enjoy a convenient crypto space.

Also, MenaPay aims to be integrated into every possible industry both future and present ones and work efficiently with them.

For further information on this project pls relate to the links below;

Website: http://www.menapay.io

Whitepaper: https://menapay.docsend.com/view/pwjr8rt

Bitcointalk Ann. Thread: https://bitcointalk.org/index.php?topic=4884588.0

Telegram: https://t.me/MenaPay

WRITER'S INFO

Bitcointalk username: Iykejunior

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2388659;sa=summary