Apollo Fintech Set to Break Barriers in Untouched Territories
Apollo Fintech is primed and ready to release products never seen in the history of Financial Technology and Blockchain. Heads are turning, anticipation is high, excitement is overwhelming, and hearts are pumping very fast. Apollo will change the way blockchain is used globally.
The main new Fintech website is on a delay, but Apollonauts pledge their loyalty to wait for it through another few hours. But something very pleasing or satisfying took place that you must be aware of while you hang in there for the real deal. Steve McCullah, Apollo’s Fintech CEO, came on and lighted tensions. He left the Apollo Telegram group with two products to think about as he departed to continue his brilliant work and rest.
Apollo Mineral Claim Platform Peer-to-Peer Payment System
Apollo Mineral Claim Platform
Steve said, “This is a platform that manages all of a nation’s mineral ownership in one place. Once implemented, this system would replace the old paper maps that the vast majority of nations use with an automated, hyper-efficient management platform.”
Mining is a very lucrative business, and platforms or companies that are improving technology in this industry will create a positive impact internationally. The U.S Department of the Interior (Bureau of Land Management) stated that “A mining claim is a parcel of land for which the claimant has asserted a right of possession and the right to develop and extract a discovered, valuable, mineral deposit. This right does not include exclusive surface rights (see Public Law 84-167).
There are three basic types of minerals on federally-administered lands: locatable, leasable, and salable. Mining claims are staked for locatable minerals on public domain lands.
Locatable minerals include both metallic minerals (gold, silver, lead, etc.) and nonmetallic minerals (fluorspar, asbestos, mica, etc.). It is nearly impossible to list all locatable minerals because of the complex legal requirements for discovery.”
The Apollo developers are known for creating impossible technology such as they did with Database Sharding. A technology no other digital asset platform in the ecosystem has successfully mastered.
Peer-to-peer Payment System
To get the party started and take away more tensions, Steve shared another secret project, a Peer-to-peer Payment System. Due to the ongoing National Currency Initiatives and the African Initiatives, Apollo must create beneficial products that will cover all government systems’ needs. Thus far, they are on track to break barriers and capture untouched territories. Zelle, Venmo owned by PayPal, and Square Cash are a part of the big names taking leading in the payment business.
A Forbes article stated that “As of the end of 2018, there were more than 80 million mobile phone P2P payments users in the U.S., amounting to more than one-third of mobile phone users. That’s projected to hit more than 90 million by the end of this year, according to market research firm eMarketer. By the end of 2022, eMarketer predicts over half of mobile phone users or 52.5% will have made at least one P2P payment within the past month. The growth will be driven by millennials, the research firm predicted.”
The Apollo Fintech platform will not only impact the U.S market but the global payment business because of its business structure to develop relationships on government levels and not just banking institutions. The Apollo Fintech will replace the need for the top twenty or fifty digital assets.