AntEx: Revolutionizing Finance Using Blockchain

In a financial world where many do not have access to banking mostly in sub-Saharan Africa, it is becoming increasingly stressful to send and receive money as relatives travel far and near in search of green pasture. Sending money from a developed country in Europe to a remote area in Senegal is an existing problem as most banks prefer to cite their business in the urban set up where high business profile personnel can have access to their banking services leaving those in the remote area helpless and stranded without access to a bank service.

All that is about to change now with AntEx, a decentralized banking platform that is looking to leverage the cross border ability of blockchain to bring banking experience to users around the world without descrimination or restriction by country of residence. There is no border, there is no limit to the banking services to be provided by AntEx.

AntEx

AntEx is a decentralized banking platform on the binance smart chain with an e-banking permit that allows users to integrate the mastercard or visa card and send money, buy crypto without a border limit.

AntEx is a decentralized finance on the binance smart chain developed by WePay (a leading payment platform in Singapore) looking to bridge the gap between crypto and fiat world. It is a platform where fiat and crypto co-exist in order to enhance humanity by leveraging the utility of fiat and crypto alongside the decentralization of blockchain to help bring banking experience to all and sundry.

While centralized banks give peanuts as APY on your savings, AntEx leveraging the many benefits of a decentralized finance (DeFi) will give a far superior APY and gives many avenues for users to earn extra money through activities like, referring, staking, and reflex interest on holdings.

AntEx App

The AntEx App is the gateway to this new innovation. It is the decentralized banking app that you just download and start banking on the go albeit this time on a decentralized platform. You are your own bank manager with AntEx

The AntEx app will consist of many features which include the AntEx wallet, nft marketplace, decentralized exchange where you can sell and buy currencies, staking feature and more.

VNDT Stablecoin

VNDT is the stable coin of the WePay payment platform. In order to successfully entice investors to adopt the new WePay integration of cryptocurrency and blockchain, AntEx ecosystem adopted the VNDT stable coin to help secure investors funds from the unpredictable price movement of crypto assets. VNDT is multi-chain support and is available on ERC20,BEP20,KRC20, and TRC20.

VNDT and the the Vietnamese Dong (VND) (Fiat)

Vietnamese Dong Token (VNDT) is a WePay stable coin pegged to the Vietnamese Dong fiat. WePay partnered with Ngan Luong Co., Ltd – a global intermediary transaction gateway, which will provide a VND collateral to back the VNDT ensuring the VNDT is pegged in 1:1 to the VND.

Uses of VNDT

• For investment in the AntEx ecosystem
• As a medium of exchange for e-commerce activities
• For loan acquisition

VNDT wallet

VNDT wallet is a multi currency and multi crypto wallet that stores currency of different countries and supports multi crypto assets from different chains. You can send money, receive money, send and receive crypto, connect your wallet to decentralized exchanges to swap between tokens.

Mastercards and visa cards of users can be linked to the AntEx banking app and be used for purchase, this is possible because the AntEx platform is equipped with a e-banking licence.

VNDT Wallet Features

• Send and Receive fiat and crypto
• Crypto loan facility
• E-Commerce
• Savings with high interests rate

Earn Extra Money By Staking And Simply By Holding VNDT Token

Yes you can earn passive income on AntEx platform through various activities such as staking of your assets which is a common way of any extra income on your original holding, by referring friends and family to the AntEx banking platform or by simply holding VNDT tokens in your wallet and earn through reflex on every transactions made on the platform. The reflex payment is the percentage of the total fee that is charged on each transaction on the AntEx platform which is shared amongst holders of VNDT token.

AntEx Blockchain and CEX Plans

Originally developed on the binance chain, AntEx is looking to develop its own blockchain and CEX in the future in its many efforts to dominate the decentralized finance space. The AntEx blockchain will allow for even more flexibility for the platform. CEX idea will help shift the focus away from just storing currencies but also to trade them in real time and space.

AntEx Token

AntEx token is a bep20 token on the binance smart chain, it is the utility token of the AntEx ecosystem and will be used to incentivize the platform. It is the fuel that will power the AntEx ecosystem.

Uses of AntEx Token

• Governance token
• To pay for all charges within the AntEx ecosystem
• To be used as payment for developers looking to deploy their dApp on the AntEx blockchain
• For staking reward
• Reflex reward
• Reduction in loan repayment rate when holding AntEx
• Holders of AntEx have a say in key decision making concerning the AntEx ecosystem

For more information and resources

https://AntEx.org/

https://twitter.com/AntEx_Offical

https://t.me/AntExChat

https://www.facebook.com/AntExannoucement

https://medium.com/@AntExOfficial

https://AntEx.org/assets/whitepaper.pdf

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Source: https://medium.com/@temitayoadebanjo3/antex-revolutionizing-finance-using-blockchain-6c135ed02c0?source=rss——cryptocurrency-5