THELOGICALINDIAN - Tempo Money Alteration the French Blockchainbased armamentarium alteration band-aid provider has appear the addition of its own cryptotoken The EURO TEMPO Badge EURT admired at EUR 1 per badge was launched on Thursday
With the new Euro Tempo token, the money alteration belvedere intends to ability out to added people, while authoritative the armamentarium alteration action easier and abundant faster. Tempo has already accustomed itself as the better Open P2P Blockchain Remittance Company, and by ablution its own badge over Stellar blockchain, the belvedere overcomes the aerial miner fees and apathetic transaction settlements afflictive the Bitcoin network.
The advertisement about the new Euro Tempo token, use of Stellar Network, and all-embracing advantages of the archetypal was explained by the aggregation in its contempo columnist release. The aggregation calls Stellar as an accessible arrangement with “Distributed Exchange and Settlement” mechanism. In addition, the transaction accuse on Stellar arrangement stands at about “one penny per EUR 100,000”, which is absolutely adorable for bodies sending money beyond the world, letters Tempo.
The CTO of Tempo, Anthony Barker was quoted comparing the new Stellar based EURT with Tether and Bitcoin in the company’s columnist release. He said,
“Stellar provides abounding advantages over Omni protocol’s 20-minute adjustment times and bitcoin blockchain’s aerial fees. With Stellar, audience can move funds in 3-5 seconds. Faster transaction speeds and basal barter fees for traders will acquiesce for greater profits. One-to-one abetment of funds in a absolutely defended and European audited escrow annual will accommodate audience with the much-needed affirmation that their funds are defended on the network”.
The use of blockchain assets called at a constant amount makes the use of EURT for both remittance and trading added profitable. Users will be able to absorb the tokens anon over the blockchain for advantageous the bills and added costs after exchanging it to authorization currency.
Tempo added states that the new EURT tokens can be traded for XLM (Stellar Lumen), Philippines Peso and Japanese Yen. The EURT comes with SEPA support, enabling European users to abjure as authorization anon into their coffer accounts.
There are abounding cryptocurrency powered remittance platforms operating beyond the world. These platforms action quick, bargain account to the barter after them accepting to apperceive the basal apparatus for such transfers. Tempo is one of the few platforms to appear up with its own committed token, which can additionally be acclimated anon for P2P transfers and trading.
