MoTA Global

Mode of Transfer Alternative (MoTA) is an uncensorable internal and cross-border remittance solution that offers micro-transaction access and blockchain utility to non-technical persons.

Comment

BCH Address: bitcoincash:qzn3c9g73vrrl8cxspfg4l8zgwumd9s2nyxstwjyvh

SLP Address: simpleledger:qzn3c9g73vrrl8cxspfg4l8zgwumd9s2ny2tq48yjf

Inspiration

There are some clear barriers to crypto adoption and the use as P2P cash. On-ramp, off-ramp cost is a bottleneck or barrier. Access and use by non-technical and offline persons is a barrier.

The on-ramp , off-ramp cost-bottleneck or barrier: To boost crypto utility, people must be able to convert their fiat to crypto and back without losing nearly any value. If one loses a percentage of value of their fiat when they convert it to crypto, crypto utility will only make sense when they will make profit from using the crypto (e.g. for speculation on exchanges) or they will only use it if there is no cheaper alternative to move their fiat.

Access and use by non-technical and off-grid persons: To attract real world application, utility and general adoption of cryptocurrency, the farms in rural locations for instance (many of them with poor or no internet connection), the guy without hands/fingers, and the guy that hates technological gadgets or does not care about blockchain should still be able to access and benefit from the technology. transactions in some way.

Are this valid problems?

In my view, on-ramp/off-ramp cost and accessibility are the two major problems that must be addressed to achieve the functional goal of _ universal electronic P2P cash _.

What it does

MoTA is a project confronting the above unique challenges to crypto adoption. Want to know how? Join the team in the coinparty hackaton.

How I built it

It has not been built. It has been designed

Challenges I ran into

I am not a programmer so basically the skill to code or the resource to maintain a programmer is a challenge.

Accomplishments that I'm proud of

Whitepaper, concept, community, technical documentation

What I learned

It is not easy to find developers or fund development in certain parts of the world no matter how promising a project.

What's next for MoTA Global

Build, deploy, improve, deploy.

Built With

Share this project:

Updates