The current traditional financial system presents dominant flaws within security measures and transactional processes. This is where cryptocurrencies offer valuable advantages compared to the FIAT currencies, enabling fast, secure and reliable operations.

The major flaw with traditional payment systems is that they can be very cumbersome as they require the involvement of a customer and merchant/trader and banks, payment processors, and other entities operating within the network. The multiple middleman creations often succumb to significant transaction costs and waiting times.

Despite the current considerable market mass adaptation of online payment systems, knowledge of cryptocurrencies and operational adoption is not yet fully addressed and resolved. Although innovational leaders have recognized the outstanding role of crypto within the Fintech world, for many, the understanding of this technology is nascent. This is due to the lack of access to terminology, operational structure, usability understanding and legal requirements of usage of such technology. The inaccessibility to acquire such knowledge leads to a lower adoption rate amongst the global population, resulting in eliminating new opportunities for the worldwide population.