Monetas helps banks and financial institutions to roll out financial infrastructure and services that helps them to grow their businesses. It offers a transaction system that leverages advanced cryptofinance technologies to address the pain points of legacy systems. It is a decentralized system for financial and legal transactions.
Monetas has developed a platform which allows 1) Central Banks to issue Digital Legal Tender, 2) Financial service providers to offer digital wallets to customers, and 3) Customers to make transactions by smartphone, instantly, affordably, and securely.
This new financial infrastructure utilizes cryptographic technologies, so that everyone—from merchants and distributors, to consumers, enterprises and governments, banks and other financial service providers—can make transactions that are cheaper, more efficient, and safer than ever.
With this set-up, the price of a transaction is reduced to under 1% of the transacted value, or up to a maximum of 30 cents. This means that transactions of less than 1 USD can be transacted for less than a cent, globally.
PRODUCTS & SERVICES:
Monetas offers a range of solutions for financial institutions and central banks:
1) Secure Asset Issuance: The patform allows to issue national and digital currencies, financial instruments, contracts through a digital medium.
2) Decentralized storage: It offers a decentrlaized digital wallet that holds the assets. The Monetas system doesn’t use accounts thereby eliminating institutional risk
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Financial service providers, Central Banks
Tunisian Post Office, La Poste Tunisienne, DigitUs