Presend Guardian Angel for Crypto Transactions
AN INTRODUCTION TO THE PROBLEM & OFFERING THE SOLUTION
Have you ever sent a transaction on the wrong chain and lost all your money to the “cryptocurrency market inter-operability/inter-compatibility blackhole”? It is likely that most cryptocurrency market participants have a woeful story where this happened to them.
Do not fret. We have a tested, reliable, safe & secure, dually patent-pending, proprietary software solution to alleviate this stress for market participants hopefully FOREVERMORE.
To follow up the previous question: What would a solution like this be worth to market participants? Most would pay much more than $1 for this, but PreSend is here to offer an inexpensive and effective solution to this problem that has the ability to include ALL market participants.
Truly, the technology behind cryptocurrencies, the blockchain, is disruptive by the natural definition of the word. For an innovation to be described as a “disruptive technology”, it must challenge the markets/commodities that came before it and form an industry that can be considered to exist in its own category.
Blockchain technology fits this mold extremely well. Quite like every other industry-changing technology before cryptocurrencies: the internet, smartphones, automobiles, and several others; Bitcoin and cryptocurrencies are in their early stages of development and adoption. Cryptocurrency is still a long way from widespread adoption.
Only about 0.5% of the world’s population (about 387M human beings) currently own cryptographic assets. While digital alternative currencies are projected to reach the same level of massive adoption as other preceding disruptive technologies, the road to that achievement is a rocky and tedious one.
There is still a significant amount of innovation to come. The crypto ecosystem has a plethora of lapses in oversight and pain-points arising along the way as the industry grows. To reach the level of adoption all crypto maximalists dream of, being nimble will be integral in overcoming challenges and pain-points as quickly and often as they arise to bring the crypto ecosystem closer to an ideal monetary network that wins the confidence of even the most conservative participants. One of the major bottlenecks in the crypto industry is the interoperability (or lack thereof) of separate protocols across Web3. This wasn’t a problem over a decade ago when bitcoin was the only digital alternative currency to fiat.
With that said, as the crypto space expands with new digital currencies, creating independent blockchain infrastructure for the circulation of native tokens within their own network, an issue needing urgent attention has arisen. However, token developers are yet to devise a way for users to perform cross-chain transactions (transfer value from one separate blockchain to another without using bridges or liquidity pools).
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