MenaPay geared towards being the most used cryptocurrency in the region. Targeted to 18 country with the population of 441million. MenaPay aiming towards being the largest non banking payment solution by using blockchain technology towards generating noticible return to investors. The business model that you will reassess in this paper will bring to a new standard to the crypto industry spreading 75% of total revenue between MenaPay Toke Holders.
MenaPay Token Holders will be the core of mega community to distrupt traditional banking system Mena will produce the most advance financial cycle that will cover all the region with Islamic complaints,visible and decentralized structure.Nowadays, traditional banking instrument such as banks credit cards, debit cards and cash suffer insecurity. Slow and incompatible ways of transaction. This traditional banking system consume colossal amount of money and resources to stop fraud but non of them have fully succeeded.
Blockchain is the only way to stop this challenges that current banking and payment system have, till technology comes out.The region is our number focus as MENA does not have the same non-bank payment system.Just like any revolutionary change; technology develop with the power with of people that believes in it. Developing MenaPay platform with community involving in the futuristic path of finding the opinion of leader and securing necessary funds. This futuristic path is now achievable thanks the last milestone of tech called "blockchain".
Since internet came into being in 1989, blockchain is the first tech wave, which shook the entire world with the same impact. It will disrupt every single business and ruin any whom failed to keep pace with it the technology. Now it is time produce a modern structure that really work for the public, not a certain central authority. With this new regime, which lie a head us, we decide to improve the most extensive payment platform of Mena region.
What MenaPay all about :
Trying to create an understanding of MenaPay really means, it is necessary to understand what the acronym MENA really means.
MENA history :
Mena is the Middle East and North Africa, with population of about 441 million and 18 countries . This region has two official languages. 359 million that is 81 percent of the population speaking Arabic while 81 million the population speaking Turkish. 93 percent of them practice Islamic religion. With this short history you think that the region is harmony in with language and religion. It is an intensively fragmented structure in term of geography, economic power, politics and currency.
Turkey is playing chain role between Middle East and Europe. 99 percent of people living in republic of Turkey practice Islamic religion and the have a democratic government. The rank as 17th largest economy in globe. It has an improved and broadminded banking and financial system . But the still have 40 million unbanked population.
The northern part of Middle East region mostly faces political fighter. The region is so rich in culture background, history and natural resources but the struggle with poor infrastructures and economy. However, this region's is mostly known as negative timbre.
TEAM
MenaPay has other functions and benefits that it presents to the Mena region, which I will gradually discuss in more of my articles to come, so kindly visit my page often for more....
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: Cadito4545
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2514023;sa=summary
