Blockchain Technology A Better Option As Regards Transpiracy In Payment
When we talk about transparency in transactions either on-chain or cross boarder payments blockchain should come to mind, recent past we have seen whale’s behavior activities has they move large chunk of assets both volatile and stable assets. In recent event the founder of Tron project allegedly made a transaction totalling of 56,100,000 TUSD which is valued at $56,444,454 which was captured by the whale-alert to the Binance launch pool in which reason for this transaction is not known.
In response to this the founder of Binance CZ tweeted that the Binance launch pool are meant as airdrops for retail it's retail users. In he’s tweet which details as; Our team told Justin, if he uses any of these to grab the LaunchPool Sui token, we will "take action against it". SMH.Binance LaunchPool are meant as air drops for our retail users, not just for a few whales.
On the bright side, blockchains are transparent.
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