Ekwel Pitch Deck
The Cash Experience, Now in Crypto
Problem
The Challenges of Using Crypto Today
Connectivity Dependence:
Unlike traditional cash, using cryptocurrency for everyday transactions requires a constant network connection. This limitation restricts where and how crypto can be used, posing a significant barrier to its adoption as a universal payment method.
Prohibitive Transaction Fees:
Every cryptocurrency transaction incurs a fee to interact with the blockchain. These fees can quickly accumulate, especially for microtransactions, making small purchases impractical and deterring users from utilizing crypto for everyday payments.
Limited Anonymity:
Many users seek a certain level of anonymity in their transactions, similar to the privacy offered by cash. However, most digital transactions today are easily traceable, lacking the cash-like anonymity that some users desire for various reasons, from personal privacy to security concerns.
Solution
Offline Crypto Transactions:
Our app & DeFi card introduces an innovative solution that enables crypto transactions in offline settings, leveraging NFC and Bluetooth technology. This addresses the major issue of needing a constant network connection for crypto payments, offering unprecedented convenience and accessibility.
Zero Transaction Fees:
By facilitating direct, peer-to-peer transfers without intermediaries, our solution allows users to conduct transactions without fees. This particularly benefits microtransactions, where conventional blockchain fees can be prohibitively high.
Enhanced Privacy:
Our solution provides anonymity and privacy in digital transactions that mirror the privacy of cash transactions. By enabling offline transfers and direct exchanges between devices, users' financial activities remain private, secure, and under their control.
Our platform simplifies and secures the process of using cryptocurrency for everyday transactions, both online and offline, through a unique ecosystem that includes our app, an on-chain currency, offline wallets, and our DeFi card. Here's how it seamlessly connects the digital with the physical:
Step 1: Convert to Our On-Chain Currency
Users start by converting any cryptocurrency into our proprietary off-chain currency using our app. This conversion ensures uniformity and simplicity in the transaction process across our ecosystem.
Step 2: Transfer to Offline Wallet
Once converted, users can easily transfer their holdings into an offline wallet within our app. This wallet is designed to function without a constant internet connection, facilitating true offline transactions.
Step 3: Interact and Transact
Our offline wallets can interact with each other and with our DeFi cards, allowing for seamless value transfers. Whether it's paying a friend back or purchasing from a vendor using the DeFi card, transactions are instant, secure, and require no internet connection.
Step 4: Convert or Swap at Will
Recipients have the flexibility to keep their received value in our off-chain currency within their offline wallet or convert it back to any other cryptocurrency through our app. This flexibility supports the fluid movement between cryptocurrencies and real-world usage.
How it Works
Seamless Integration for Everyday Use
Our ecosystem is designed for simplicity and ease of use, bridging the gap between the digital cryptocurrency space and the tangible world. By enabling offline transactions, eliminating fees, and ensuring privacy, we're not just proposing a new way to use crypto—we're setting the standard for the future of digital currency transactions.
Join Us in Revolutionizing Crypto Transactions
The Future Is Now
We stand at the brink of a new era in financial transactions, where cryptocurrency is as easy and accessible as cash, without the constraints of the digital divide. Our platform represents a leap forward, breaking down barriers and setting new standards for privacy, accessibility, and efficiency in the crypto economy.
A Call to Action
This is more than innovation; it’s a movement toward a more inclusive, decentralized, and user-empowered financial future. We invite you to be a part of this journey. Whether you're an investor, a tech enthusiast, or someone who believes in the transformative power of cryptocurrency, there's a place for you in our ecosystem.
Get in Touch
Let’s make history together. For partnerships, investments, or to learn more about our technology.
info@ekwel.network