TEMPO Launches EURT Trading on the "Programmatically Fair", Stellar Distributed Exchange

Press Release (ePRNews.com) - PARIS, France - Apr 13, 2017 - The EURT is launched on April 13, 2017 at 12 noon CET.

TEMPO Money Transfer, the largest Open P2P Blockchain Remittance Company foresees a major shift coming in the way payments will be made. The emergence of blockchains will allow remittance volumes to move more seamlessly. Like the internet, adoption should be rapid for these new open networks. “The Distributed Exchange and Settlement mechanisms built into the Stellar network will revolutionize remittances. Stellar provides inexpensive transactions at 100,000 per penny in a secure P2P (‘peer to peer’) environment.” Said Anthony Barker, TEMPO’s CTO.

“Stellar provides many advantages over Omni protocol’s 20 minutes settlement times and bitcoin blockchain’s high fees. With Stellar, clients can move funds in 3-5 seconds. Faster transaction speeds and minimal exchange fees for traders will allow for greater profits. One-to-one backing of funds in a fully secure and European audited escrow account will provide clients with much needed assurance that their funds are secure on the network’.

Stellar represents the first not for profit exchange that is “Provably Fair Trading”. Provably fair trading means that as an individual trader you can interact directly with natural client flow  without the need to go through a bank or a broker. For migrant workers sending money, this will mean lower costs and “MID-POINT” or better on the FX Spread.

To facilitate flow across the Stellar network TEMPO is issuing the EURT which can be traded for PHP,  XLM, and the JPY on the Stellar Blockchain. Clients can use the EURT for trading or cash out to European bank accounts using SEPA. TEMPO and their various partners will value EURTs at full parity to the EUR. The token will have many functions including for remittance purposes or bill pay.

TEMPO is developing a system to further incentivize users, including a gifting program. For the gift program all EURT holders receive a gift at the end of each month. For example if you held 1000 EURT for the month of May you will receive a gift of 600 lumens. The monthly gift is calculated based on demand and will be announced the week prior to the end of the month on twitter and chat forums.

For more information regarding opportunities around EURT please contact TEMPO support support@tempo.eu.com

Learn more about TEMPO Money Transfer https://tempo.eu.com

Stellar.org https://stellar.org

StellarTerm: https://stellarterm.com

Source : TEMPO Money Transfer
Business Info :

You may also like this  



Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Already have an account ? Login

Reset Password

Already have an account ? Login


If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.