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What form of digital assets will be the future of payments?

Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money.

We’re living in a time where digital assets are moving towards mainstream adoption. From retail customers to traditional banks and financial service providers, digital assets are on the rise. Many of these assets promised to disrupt financial markets and large incumbents, and while they have received widespread attention, they haven’t quite achieved their potential. That said, large institutions are taking notice — 86% of the world’s central banks are exploring digital currencies, according to a report by the Bank for International Settlements.

They recognize that despite being in a golden age of innovation, payment systems remain somewhat archaic. And so, there is no reason why current payment systems won’t follow a similar trajectory to industries that have been transformed by new technology in the past decade.

After all, the world we live in is now digital, so it makes sense that money and assets should follow suit. But how realistic is this? And will the technology and type of digital assets look the same? Yes, AMEPAY made this realistic already with the help of AMEPOS.

AMEPAY integrates merchants into the crypto ecosystem by offering POS hardware and software solutions. Businesses can receive payments in their desired currency – crypto or fiat. AMEPAY merchants can engage customers with interactive loyalty programs. With AMEPAY, merchants can participate in a global marketplace.