Benefits of Stable coins in Maritime Industry
Stablecoins solving the challenges particularly for Maritime Industry:
· It will be much faster to provide instantaneous settlement of transactions on the platform as a contrast to the traditional banking sector where payments can take anywhere between 12–96 hours to be reflected in the receivers account.
· The elimination of the middle men from the entire flow of process and thus providing prompt conversions of deals and particular orders / projects.
· The decentralisation platform shall remove the Third party violations.
· Each transaction shall be recorded with the technology of blockchain making it an immutable series of records which shall act as futuristic authentication.
· Due to its stability of value of currency, decentralisation and decreased chain of middle men, it shall definitely provide the better revenues to Ship owners, investors, port agents et al, .
Shipfinex, is one of the first to launch MarineCoins to cater to the needs of our investors, buyers, sellers to enjoy the benefits of the technology of Stablecoins at the click of their fingers.
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