EXR aims to bridge industries of blockchain and traditional finance, acting as a safe capital preservation asset that would help businesses hedge against looming international trade conflicts.
The alliance of established technology companies, telecoms players, payment gateways, high-tech manufacturers, non-governmental organisations and more will oversee the EXR foundation which is tasked with the final design of EXR and to roll out the solution.
EXR is set up so that any company will be able to accept the digital asset and build wallets collectively that can be used by businesses of all sizes and types, in much the same way as how Bitcoin organically attracted wallet providers and exchanges.
However, EXR is a much more open platform where participants will be able to propose and implement rules and tech protocols in an open voting structure.
EXR also aims to simplify the relationship between demand and supply of goods and services with a stable means of transaction.
Customers and merchants can trade stress-free, secure in the knowledge that EXR‘s value stays consistent with that of major fiat currencies at all times.
More details at https://www.exr.org/
-- BERNAMA
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