UniversalAPI

Dashboard

Problem:

Remittance companies, fintechs, and enterprises are always trying to expand in a bid to serve more customers in new countries or locations. However, for each new location they have to pay a licensing fee, set up office space, and provide a security deposit. This outdated legacy system takes a large bite out of new or expanding enterprises’ capital right at the very moment liquidity is most critical - when they are trying to grow their business.

Solution:

Protocoh’s proprietary “Universal API” platform allows payment companies to serve as on-ramp/off-ramp endpoints for enterprises, enabling the enterprises to directly, affordably, and instantly financially access locations in which they seek to operate.

For example: If Company A is in America and seeks to do business with Company B in Nigeria, Company A does not have to pay a licensing fee, set up an office in Lagos, and pay a security deposit before engaging Company B.

With Protocoh, Company A can seamlessly, and near instantaneously, send payment to Company B using Protocoh’s blockchain-powered Universal API.

As Web 3.0 accelerates the pace of interconnected globalization, Protocoh will efficiently link capital to creativity and in doing so help fuel the growth economies Of the future.

Using Avalanche

Avalanche’s revolutionary blockchain protocol provides the best-in-class groundbreaking tech that serves as the foundation of Protocoh’s platform. As for the platform’s core currency unit of exchange, we will use the USDT token, an ERC20 stablecoin tethered to the price of USD. Upon receipt, this can then be rapidly swapped into a currency of the recipient’s choosing, whether local fiat or digital token.