AMEPAY: New Economic Model

AME Chain
AME Chain
Published in
1 min readSep 10, 2020

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The economic model for the entire world is changing, albeit slowly, and it is becoming apparent that humanity is on the verge of global digitalization. We can no longer ignore the possibility that in just a few years paper money will disappear from circulation, even though just 10 years ago almost anyone would simply laugh at the premise.

However, the digital economy won’t be able to work with paper, or even electronic, money.

Why? Because they won’t be able to stand against digital currency that are already boasting:

▪️ fast transaction speed;
▪️ convenient global payments;
▪️ low fees;
▪️ security and anonymity;
▪️ transparency;
▪️ censorship and sanction resistance.

Now, let’s take a broader look at digital currencies: on a global scale they are already very popular. This is a result of low trust in authorities, financial markets and value depreciation of traditional assets. The existing currencies no longer instill trust in people, they need something more high-tech.

The AMEPAY project offers more than just another digital asset, but an entire decentralized ecosystem. The project will use the latest technologies such as blockchain, and the AME token will become the fuel of the new economy.

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AME Chain
AME Chain

A fast and secure decentralized digital asset ledger that is EVM compatible with high performance and scalability.