🎾Why is supporting cross-chain transactions important?

Cryptocurrencies are developed to be a global system where anyone can send or receive payments, regardless of where they are located on Earth. To this end, fiat currencies need to be converted into digital currencies and back again without any difficulty and speed.

As cryptocurrency and its applications continue to grow and spread globally, there is still considerable room for further development and expansion. While cryptocurrency technology and its underlying protocols have been created to provide an alternative to traditional fiat currencies, the use of cryptocurrency will not fully take off and become universally accepted without the continued use and acceptance of fiat currencies as well.

As public interest in cryptocurrency continues to grow, BreachBitsat and the wider cryptocurrency community are committed to facilitating a smooth and seamless transition from traditional fiat currencies to BreachBitsat and beyond.

Last updated