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Crypto currencies have taken over the world with the promise of decentralization and removing the middle man, Bitcoin was the first and set these fundamentals however its limitations have not allowed it to get mainstream, this is why we have projects like Cardano or Ethereum that were created to fill out these gaps, unfortunately they’re doing so by building a whole new ecosystem that aims to replace the current global payment system, and this has been proven to be extremely complicated but also it has allowed certain centralised platforms to gain huge shares of the market as they act as a link between the current infrastructure and this revolutionary new payment system, circling it back to be a centralised payment system with the need of a “middle” man, with the difference that before we had banks controlled by governments and hedge funds and now we have “Crypto Projects” such as Binance, Coinbase, Crypto.com etc… with many more on their way such as PayPal, Visa and Mastercard.
Merchant Token focuses on Consumer Protection, as it is building a fully decentralised protocol that will not only grant consumer protection to the customers but will also allow crypto payments directly on POS terminals, focusing on using the current payment infrastructure while abiding to local and regional regulations and keeping the system decentralised.
HIPS payments group is the company behind the development of the project, it is a fully regulated company that is very well know in the payment industry with a team with over 20 years of experience, the development for such a revolutionary project takes time, but has already managed to achieve great goals. The
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