It's a Done Deal. Awaiting National Currency Hosting Announcement
The creation of Apollo Fintech’s platform and blockchain are for mass adoption on a national level – National Currency hosting. And so, it will be used. It’s a done deal. The Apollo Fintech Community is now awaiting what will be the announcement of a lifetime.
While the world is facing one of the deadliest diseases in modern history, global markets, stocks, and cryptocurrencies are crashing to new lows amidst the fear of the unknown future. COVID-19, known as the novel coronavirus, is a killer and is affecting lives in every corner of the world socially, physically, medically, psychologically, academically, and financially. Governments must think and act quickly to contain the virus, although experts believe it is too little, too late. Governments must consider how deadly viruses are spread by using fiat currency or by contact with objects we use daily to transact business, such as credit and debit cards.
As we know, the X government is already thinking ahead and has signed a deal with Apollo Fintech to use its blockchain to host the X country national currency. In the wake of COVID-19, which could last another five months because of vaccine unavailability and the rate of new infections, the X government will receive high praise for their futuristic implementation. While the Apollo technology, not intentionally implemented by the X government for disease control, it came at the perfect time when administrations are searching for answers.
We’ll see the intended use of Apollo Fintech’s technology, which is, according to research, are to overcome inflation, provide efficient remittances, alleviate poverty, and increase competition with developed countries. Whatever comes out from this move by the X government, it will be history, and it will significantly benefit all citizens of the X country. It will make international news, and that X country will be a model for neighboring countries and beyond such as Zimbabwe, and Venezuela where inflation is very high.
Apollo is the only All-in-One platform that surrounds itself with a Fintech division, a DEX (Decentralized Exchange), and a CEX (Centralized Exchange). Apollo currency has a speed of 1-2 seconds between Apollo wallets, it’s a 3rd Generation blockchain, most feature-rich, the only platform with Database Sharding to prevent bloat and increase scalability, etc. There are infinite reasons why Apollo blockchain is suitable for hosting many nations National Currencies. Whatever comes out from this move by the X government, it will be history, and it will significantly benefit all citizens of the X country. It will make international news, and that X country will be a model for neighboring countries and beyond such as Zimbabwe, and Venezuela where inflation is very high.
The week’s announcement will be monumental for the Apollo team, the X government and country, and investors who believed in what seems impossible by the cryptocurrency ecosystem.