NPP Overcomes Barriers of Banking Access and Usability
by Marvin Dumont
Apollo Fintech is introducing blockchain-powered National Payment Platform (NPP) to the marketplace. NPP enables a central bank to issue a sovereign, digital currency (stablecoin) for national adoption.
According to Stephen McCullah, CEO of Apollo Fintech:
The National Payment Platform is the only blockchain-powered system that enables users to make digital payments through a sovereign currency. The NPP enables regulated banks and commercial entities to harness the power of blockchain and facilitate frictionless transactions. This allows economic participants to save large amounts of time and resources and enables an economy to gain massive efficiencies at scale.
Accelerated Mass Adoption of Digital Payments:
By solving accessibility and usability challenges, NPP in conjunction with Apollo Fintech’s other financial innovations can lead to accelerated mass adoption of digital payments and cashless transactions. When utilized, a government and central bank can leverage the security and transparency of blockchain on a national scale. This empowers a government to accelerate the transformation of a national economy and gain unprecedented efficiency, stability and economic control.
Banking the Unbanked:
We’re thrilled to have developed the first solution that enables a central bank to issue a blockchain-powered digital currency which can be sent and received through mobile texts. This capability can bring enormous economic benefits to developing countries and to millions of banked and unbanked consumers. Furthermore, by removing the two major barriers to blockchain, accessibility and usability, it can accomplish two historical milestones, true mass adoption of blockchain and banking the unbanked.
Apollo Fintech is a leading blockchain company that develops world-shaping fintech solutions for a global economy. Apollo has offices in Africa and North America with plans to expand in Asia, Europe and Latin America. Apollo Fintech is becoming a global leader in Government blockchain solutions, as well as pioneer of international mass adoption.
Learn more at aplfintech.com.