XRPayNet is going to be a key player in facilitating cryptocurrency payments within the retail world. Our Version 1 app will not only be a wallet for coin custody, it will also be an exchange platform with nearly 300 different cryptocurrencies that can all be exchanged with each other. That is around 90,000 trading pairs!!! Most crypto exchanges allow smaller project coins/tokens to be exchanged against 2 or 3 other cryptocurrencies, usually Bitcoin, Ethereum and USDT. With XRPayNet any of the 300 coins on our exchange can be exchanged with any of the other coins to make it easy for users to diversify their portfolios in to as many coins as they wish.
The XRPayNet coin is built on the XRP Ledger. This means that the transaction times to send XRPayNet from one wallet to another are less than 5 seconds per transaction and costs are a couple of pennies maximum so we are fast, cheap and super energy efficient cryptocurrency. Our app is the one part of the business which will allow XRPayNet holders to hold their coins on the very platform that is native to the XRPayNet company and coin.
Current functions of the app are:
Sending and receiving cryptocurrencies, storing cryptocurrencies and a crypto exchange with around 90,000 trading pairs. Also, latest news, price alerts and live prices of 20 cryptocurrencies.
Future functions of the XRPayNet app will include:
Digital 'in app' debit card with physical 'offline' card
Request funds from other XRPayNet app users
Instant messenger function similar to WhatsApp, Facebook messenger, or any other messenger platform.
