KONPAY
2 min readFeb 21, 2023

Hello, KONPAY Community.

This essay deals with digital assets that are being presented to solve the existing problems.

The value of the first digital asset, Bitcoin, which was around $20 at the time of the Cyprus crisis in 2013, has gradually increased and attracted many people’s attention, but it is still not established as a payment method that can replace the mainstream. On the other hand, due to the popularization of credit cards worldwide, expansion of Internet/mobile banking, expansion of e-commerce and digital economy, the scale of online and offline payments is further expanding, and the development of new payment solutions is required.

Digital assets are being presented as an alternative that can solve the problems of the existing payment structure at the present time when the digital economy is gradually expanding. However, previous digital asset-based payment solutions have undergone many trials and errors, and therefore, an in-depth approach to the following points is required to settle in the real economy.

1) High price volatility of digital assets

2) Lack of an incentive system in which all ordinary people can easily participate

3) Complex and difficult user experience and high learning curve of digital assets

4) Physical limitations of blockchain payment adoption in the traditional offline payment market

KONPAY aims to accurately describe the structural limitations of existing card payment services and provide a blockchain-based payment solution that can be quickly applied to the real world as an alternative.

KONPAY TEAM strives to be the most efficient in real life in many ways, including fees and convenience. KONPAY’s payment system will increase the freedom of the platform by enabling payment with various assets, including not only KON COIN, but also well-known digital assets such as BTC and ETH, and stable coins with relatively low volatility.

CHECK OUR LINKS
⚙️Webpage: https://konpay.io
🐦Twitter: https://twitter.com/konpay_official
📱 Xangle: https://xangle.io/project/KON/key-info
💡 Telegram Channel: https://t.me/Konpay_community
💻 Medium: https://konpay.medium.com/
📡 Gitbook: https://konpaywallet.gitbook.io