How AMEPAY is solving a few critical issues of the crypto industry

AME Chain
AME Chain
Published in
2 min readOct 15, 2020

We are building a trustworthy, decentralized and open to public ecosystem for financial transactions and services using blockchain and Ethereum. A system you can really trust!

Our mission is to make the crypto industry accessible to everyone! But blockchain and cryptocurrency has a number of rough edges, for which AMEPAY has found practical work arounds. Here’s how AMEPAY is solving a few critical issues:

CRYPTOCURRENCY PRICES ARE HIGHLY VOLATILE

One of the biggest concerns among the users of cryptocurrency is its volatile price. The reality is, only those cryptocurrencies which have low liquidity can be volatile, as they are susceptible to sudden fluctuations in prices. AMEPAY will maintain a healthy reserve of AME tokens as well as other crypto and fiat currencies. This facility ensures that the user does not have to rely on external exchanges to convert their assets. AME tokens, coupled with high volume of transactions, will respond well to market demand and supply, and offers the participants with enhanced liquidity.

BLOCKCHAIN TECHNOLOGY IS TOO COMPLICATED TO UNDERSTAND

The vastness and complexity of the technology can overwhelm many. However, AMEPAY will provide convenient mobile and web interfaces that will act as a bridge connecting the users with cutting-edge technology. Thus, the stakeholders will not have to interact with blockchain processes directly.

SCALABILITY AND HIGH COSTS CAN IMPEDE GROWTH IN THE LONG-RUN

Ethereum is an open-source blockchain network that is optimized for enterprise applications and it is constantly evolving for enhanced ease-of-use, high volume and security. “STAKEHOLDERS DO NOT BENEFIT FROM USING THIS PLATFORM” Present cryptocurrency solutions do not offer any direct benefits to the different users employing it. AMEPAY loops in an innovative and exciting rewards program that will keep users invested in the platform.

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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.