How ONU 5G Blockchain Is Empowering Cross-Border Payments

ONU has launched its ONU 5G payment last week by combining blockchain and 5G technology，and make it possible for banks to transfer tokens and cryptocurrencies in near real-time in a more streamlined, secured and advanced payment system.

October 22, 2020 /PressReleaseAgency/ —

With PayPal has announced that it is jumping into the wild world of cryptocurrency-making it possible for wallet holders to buy, sell and hold cryptocurrencies like Bitcoin, Ethereum, Bitcoin cash and Litecoin in their PayPal accounts-the new golden age of cryptocurrency is coming. Just as Dan Schulman-CEO of PayPal-said, the shift to digital forms of currencies is inevitable, bringing with its clear advantages in terms of financial inclusion and access; efficiency, speed and resilience of the payments system.

Nowadays，Blockchain techniques have been extensively applied to the payments space. The Monetary Authority of Singapore, for example, has successfully leveraged blockchain technology for the settlement of tokenized assets (such as interbank payments) with the Association of Banks in Singapore back in 2017. At the same time，5G networks are undoubtedly the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. In view of these facts，ONU has launched its ONU 5G payment last week by combining blockchain and 5G technology，and make it possible for banks to transfer tokens and cryptocurrencies in near real-time in a more streamlined, secured and advanced payment system.

As a global open blockchain ecosystem, ONU 5G payment technology was created by the world's top blockchain & 5G technical team. It can solve interoperability problems of global payment information resources by providing global services for global traders, regulators, and consumers with an information ecosystem. And by self-adjustment and development of multi-dimensional information architecture, ONU 5G can quickly establish users’ big data and provide users with trust, subsidies and value-added global information ecological services.

ONU 5G payment ecosystem is open-source. Developers can establish and release new projects to enhance the application of blockchain technology in more areas. By operating independently, ONU 5G payment uses the reward system to change the traditional blockchain and to realize the distribution of commercial value. Since the credit system of ONU 5G is established by smart contracts, which can reduce the system cost a lot，and the cost can then be fed back to users in the payment ecosystem.

Till now, ONU has been subscribed for 200 million units by banks and other financial institutions led by JPMorgan Chase. And a private placement is issued on Hyperex (https://hyperexpro.com/)—one of the fastest exchanges in the world. According to the official, a total of 20 million ONUs had been sold out in just 2 issues.

Surely there are vast prospects in waiting for us to excavate and invest. The secondary market for ONU trading has been opened now with an incredible increase of 150% on the first day. And you can purchase private equity ONUs on the Hyperex exchange for 0.2 US dollars. You can’t miss it!

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Source: PressReleaseAgency

Release ID: 88982047