THAT Launches as New Layer-1 Blockchain Aiming to Replace Cash
TL;DR
THAT challenges the norm with high scalability, robust security, and near-zero transaction fees, giving early adopters potential for significant growth and rewards.
THAT is a Layer-1 blockchain designed to replace cash with a universally accessible cryptocurrency, equipped with advanced security and regulatory compliance measures.
THAT aims to make digital currency the new standard, enabling seamless peer-to-peer transactions and attracting a vibrant community of early supporters and business partners.
THAT officially launches as a pioneering Layer-1 blockchain, targeting mass adoption beyond tech-savvy circles, and featuring an integrated exchange, digital wallet, live trading charts, and a merchant directory.
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In a significant development for the cryptocurrency industry, THAT has officially launched as a new Layer-1 blockchain with the ambitious goal of replacing cash with a universally accessible digital currency. The platform is designed to appeal to a broad audience beyond tech enthusiasts, potentially reshaping how people conduct everyday transactions.
THAT's launch comes with several key features that could drive widespread adoption. The platform boasts high scalability, robust security measures, and near-zero transaction fees, addressing common barriers to cryptocurrency use. As a natively spendable cryptocurrency, THAT enables seamless peer-to-peer transactions, making it practical for daily use.
The platform's potential for rapid adoption was demonstrated during a successful testing phase, which saw over 200 businesses and 13,000 users onboarded in just a few weeks. This early traction suggests that THAT could quickly gain a foothold in the market, potentially disrupting traditional payment systems.
THAT's focus on regulatory compliance and security is noteworthy in an industry often scrutinized for these aspects. The platform leverages Kaleido's technology, used by major corporations like Microsoft and Sony, to enhance its security and facilitate cross-chain transactions. This emphasis on compliance and security could help build trust among users and regulators alike.
The launch of THAT on Uniswap via the Polygon Network marks a significant milestone, allowing early adopters to buy, sell, and trade the cryptocurrency. This move could accelerate THAT's growth and adoption, potentially impacting the broader cryptocurrency market.
As THAT aims to become the go-to cryptocurrency for everyday transactions within the next five years, its success could have far-reaching implications for the financial industry. If successful, THAT could accelerate the shift towards digital currencies and potentially challenge traditional banking systems and fiat currencies. However, the platform will need to overcome significant hurdles, including regulatory challenges and competition from established cryptocurrencies and traditional financial institutions, to achieve its ambitious goals.
Curated from BlockchainWire
