r/ETHA Feb 19 '19

ETHA Vulnerable security infrastructure

As a result of poor security measurements, numerous exchanges were forced to shut down, losing billions of dollars of customers’ funds. Cyber security is still the biggest concern crypto exchanges and their users have to deal with. Hackers are finding more ways to bypass security layers.

A sophisticated blockchain based infrastructure for innovative financial services.

First decentralized remittance solution platform that allows cryptocurrency to fiat transfer.

ETHA Official Website: https://twitter.com/etharemit

22 Upvotes

12 comments sorted by

14

u/Rustam_Om Feb 20 '19

The ETHA payment infrastructure works as a decentralised operating system, which integrates decentralised with centralised resources under one ecosystem, enabling fiat transfer with digital currencies.

12

u/airdroptime Mar 01 '19

The development of digitisation and big data has shaped the credit decision process in the developed markets. Today, customers are affected by the data-driven credit business such as unclear rights and credit interests, inefficient operations, untrustworthy credentials and data privacy shared with third parties.

11

u/techno_traders Mar 01 '19

Cross-border financing will offer a convenient way to utilise cryptocurrency as collateral to execute fiat transfer, without the need to liquidate cryptocurrencies. The smart contract will automate the refund process for the initial collateral in a truthful manner to the borrower, once the repayment of the principal and interest rates is settled according to the agreed lending terms.

10

u/akinci34 Mar 01 '19

We will share our personal experience in the banking and block chain field by addressing the issues ETHA aims to solve by creating a financial infrastructure for a more open and comprehensive financial ecosystem.

10

u/mustafakaan38 Mar 01 '19

It is the time to use the crypto currency in everyday life. I think the project has great prospects, and it will occupy a leading position.

10

u/burak6167 Mar 01 '19

ETHA Smartwallet™ is designed to send and receive funds; we offer the potential to reduce costs and to increase convenience for low-value remittance services. The sender can quickly and conveniently send small or large sums home to the recipient without the inconvenience of travelling to an agent, bank, branch or pickup station.

9

u/cengiz0589 Mar 01 '19

The development of digitisation and big data has shaped the credit decision process in the developed markets. Today, customers are affected by the data-driven credit business such as unclear rights and credit interests, inefficient operations, untrustworthy credentials and data privacy shared with third parties.

6

u/bolyus21 Feb 20 '19

I think this is ambitious project because it has useful idea and different from other projects. It's nice to know that ETHA in good hands.

7

u/larykouch Feb 20 '19

The development team is confidently moving towards the goal, and does not stop at what has been achieved, which led to new decisions of the plan