🔥Our Solution
Last updated
Last updated
Sappchat is a Blockchain-based, distributed platform that aims at safely, privately and securely connecting users worldwide by cutting edge of encryption and mobile communication technologies. Sappchat is built upon the Blockchian – our technical partner's Blockchain, especially developed to cater to the needs of users of both cryptocurrencies and communication technologies.
Sappchat's vision and development addresses the multiple shortcomings of existing MIMs and platforms by providing solutions to the following aspects:
Sappchat is a Blockchain-based solution and it has a full security against hacking, online attacks, financial fraud and data and identity theft. By providing strong encryption infrastructure and capabilities to support transmission of text messages, video, audio and files and secure transfer of payments and funds on the Blockchain, Sappchat provides a complete solution that integrates communications and financial transactions between users
Sappchat offers a complete mobile solution and eco-system for any type of communications between users. In addition to secure transmission of text messages, audio and video feeds and the transmission of files, Sappchat also provides the following features to its users:
Mobile payments and money transfers that are carried out through the Sappchat application –Sappchat completes cryptocurrency payments and transfers by sending cryptocurrency funds to other users through the chat with them or at any time. This way, the payments and money transfers are global, have very low transaction costs in comparison to any national or international money transfer service and are completed within a very short time.
Sappchat will have an online shopping platform, in which users can purchase digital goods, such as NFTs by paying with cryptocurrencies. The platform will be an integral part of the Sappchat application, user friendly and without need to navigate between different applications or website and to convert cryptocurrency to fiat or to link the user's wallet to external applications to complete the purchase of goods
Sappchat will include an integrated crypto-exchange through which users can swap cryptocurrencies and trade them. This module is especially important as users may receive payments and funds in cryptocurrency while operating Sappchat or wish to immediately react to changes in the conversion rates of cryptocurrencies. Hence, the crypto-exchange provides a seamless solution that streamlines the financial operations of users, supporting multiple cryptocurrencies.
Sappchat will also integrate a DeFi platform, where users of the application can link their wallet assets (in multiple types of tokens) to liquidity pools, provide liquidity to borrowers and generate interest from their crypto assets. By operating the DeFi as a part of the application's ecosystem, Sappchat users can have another source of profit, in addition to cryptocurrency trade and offering digital goods via the online shopping platform, hence generate interest on their assets that otherwise could stay as holdings with no additional returns.
