Unveiling the crypto tools arena
Commerce, business transactions, payment gateways and so on have a common development pattern which is simply called evolution. Technology is at the core of Earth’s survival, perfecting man’s mange to an enviable one. With the two mentioned; business transactions and technology, the aim will always be to eradicate the obstacles to development. Understandably, there will always be a set of people who are still comfortable with the age-old way of conducting business transactions, but the open-minded understand the benefits that come with innovation and its potential when it comes to disrupting the financial world.
Blockchain technology and cryptocurrencies need no introduction as it made a supersonic entry with immediate impact. It goes without saying that Blockchain technology is ridiculously phenomenal. And while cryptocurrency leads the way on blockchain, the technology itself is much more than that. Digitizing ownership of assets with unique signatures that are then stored on the distributed ledger (NFT), augmenting the mixed (AR) with virtual reality (VR) in the data-generated realm (metaverse), allowing consumers to buy and sell excess energy in a trustless way, innovative blockchain-based solutions specifically for capital market improvement, streamlining trade finance deals across different borders, paving the way for arguably the biggest insurance innovation with smart contracts and so on. It is overwhelming to understand that the blockchain industry has become one of the most important catalysts for breakthrough innovations.
Manilla Finance took this technology and without slowing down became a powerhouse for massive tools beyond the aforementioned. This ecosystem adopted different technological solutions and models to integrate crypto into the daily activities of the holders. Many bottlenecks have been eliminated. Now, crypto users are closer to their assets than ever. Before that, a look into the Manilla Finance ecosystem.
The revolutionary Manilla application
On P2P exchanges, users buy and sell cryptocurrencies directly with each other with minimal to zero involvement of a third party. The peer-to-peer protocols allow the system to work effortlessly. Replacing the centralized server used in centralized exchanges, multiple computing nodes running the same program are known as smart contracts. Manila P2P has raised the bar. Cryptocurrency exchange is now more than just trading. Going forward, users will be able to trade over 1,000 tokens consisting of a mix of layer 1, 2 and DeFi tokens.
Complex bottleneck broken
Complexity problems usually experienced on stock exchanges have been resolved. The technology and the industry are complex enough. It is, to the extent that it makes newcomers feel overwhelmed, that many lose interest before they even start. If the opportunities offered by cryptocurrency investments are to reach more users, the complexity issues must first be resolved. Manilla Finance is the first platform that makes P2P trading simple for the non-expert and the experienced. The interface is intuitive and highly responsive on all devices. The pages load quickly and everything is attention to detail.
Multi-Level Security
Both security and privacy are two core pillars on which the Manilla Finance foundation is built. With increasing use of cryptocurrency exchanges comes cybercrime consisting of hacking attacks from external sources and fraudulent activity attempts initiated by the users. Peer-to-peer trading may expose users to trading risks. Not only the users, but over the years many exchanges have also taken the hit. In exploring and analyzing the causes of cryptocurrency exchange hacks, it is mostly down to loopholes left in their software cores. It is not that the exchanges did not take notice. Technology just has a way of demanding updates, improvements and upgrades. This is why Manilla Finance is equipped with industry-leading protocols, some of which are premium SSL certificates, Domain Name System Security Extension (DNSSEC), HTTP Parameter Pollution Protection, Denial of Service (DoS) protection, DDoS protection (Distributed Denial of Service), and two-factor authentication (2FA). In addition to the aforementioned, we run scheduled security audits to keep the exchange secure at all times. The audit profiles used are SOC1 audit, SOC2 audit, SOC3 audit and SOC for cybersecurity audit. Rest assured, we have it all clear, and of course under control.
Robust KYC and AML verification
In our effort to harmonize identity verification and stabilize anti-fraud processes, we have deployed on this exchange, a global standard and robust KYC and AML verification protocols. This is a full-fledged portal that has adopted more advanced security protocols to keep both the platform and the users safe. The protocols prevent fraudulent activities through futuristic transformation.
Introducing Manilla Service Suite – Scalability Beyond Business
Tools are what represent values. Really, a painting can be acquired for a million dollars for a god-knows-what hidden meaning it has or the reputation of the artist; but of no use to others, the madness remains with the owner and only those who share from that majority regard as nothing beyond imagination. There are very complex diagrams. There are also sophisticated systems. But what drives cryptocurrency and blockchain adoption are the serious tools that investors; in line with the developers bring to play.
Manilla Finance represents one thing – an unlimited devotion and ability to provide incredible use cases for digital assets and investors. This is why it is seen as an all-in-one service package for cryptocurrency users. The service package enables users to seamlessly top up both data and airtime balances without any problems. Therefore, you can easily use your crypto asset in this regard without going through the phase of crypto-fiat conversions. Users in Nigeria, Ghana and Uganda can pay electricity bills from their crypto balances as we have integrated a payment gateway with PHCN in Nigeria, KenGen PLC in Kenya and UEGCL in Uganda. We are working tirelessly to integrate this service for other countries as well as others such as water and cable TV payments for all countries and these should be available in the subsequent versions of our applications.
You can also shop dozens of gift cards from popular retailers worldwide and pay from your crypto balance on the Manilla app. Popular gift cards such as iTunes, Amazon, eBay, xBox and local can be purchased with a click.
In the course of making Manilla a complete exchange that allows users to do all kinds of operations that can be with their digital assets, the exchange protocol was integrated. This ensures seamless exchange of one cryptocurrency for another of claims. Our exchange widget makes coin exchange easy and direct without the trader having to waive any additional fees. There’s more… By staking some or all of your assets, you keep yourself from prematurely dumping your assets. Our staking protocol offers a high return of up to 15% APR, making it one of the best you can get in the industry.
An important feature of our staking protocol is that holders who stake the original Manilla Finance token for 365 days are eligible to join the DAO for open governance and enjoy a 40% profit share generated by the platform in any fiscal year. Finally, our lending service protects users from selling at a loss by providing access to stablecoin while keeping their highly volatile tokens, all at a very low fee.
About Manila Finance
Established in 2021, Manilla Finance is a product of Manilla Technologies Ltd, a Web3 software powered company, developed to solve the major challenges faced by Blockchain adopters and users to seamlessly access cryptocurrencies. The company houses a massive group of Web3 developers drawn from West Africa, South Asia and North America.
Manilla’s star product is the Manilla Finance application which houses the P2P portal – an exchange method that allows traders to trade directly with each other without the need for a centralized third party to facilitate transactions. This means that crypto fiat traders exchange their assets with another crypto or fiat holder. Traders have the flexibility to use other instruments of exchange for exchange than fiat. The platform aims to solve the challenges of accessing crypto from exchanges, as most exchanges may not allow direct funding with fiat. While the Service Suite was developed to provide a progressive application and utility to crypto assets.
For more information on this highly innovative and scalable project, visit Manilla Finance official website and join our growing community of potential users and investors Twitter and Telegram
