Marco Lavanna is an entrepreneur who has proven himself time and again since he was in his 20s. This time he is making moves as a major cryptocurrency exchange with Monetum service and businesses.
Cryptocurrency is a growing and volatile concept in finance. On the one hand, it features secure ownership of wealth and built-in owner safe recording of transactions. In contrast, the flat currency was never designed to be self-documenting. Traditional money is owned by whoever has it. This is true whether the currency is in a personal vault or a bank. It is also true whether the money is in coins and bills or certificates of deposit.
Cryptocurrency has not yet reached its full potential to be used by the masses in the exchange of goods, trade as well as the fluid flow of currency from one person to another. This is the potential that is addressed by bitcoin exchanges. These exchanges afford users the facility to trade bitcoin, ethereum, and other cryptocurrencies as well as to convert these to dollars, euros, yen, and others online payment.
In Europe, there is a shortage of exchanges, with only two exchanges located in London and Estonia. The adoption of cryptocurrency is dependent on the existence of these currencies, and with Brexit coming soon, the future of the London exchange is in doubt.
This presents a niche that Marco Lavanna is trying to fill with Monetum
One of the primary agenda of Monetum is to reach a broad user base. To this end, Monetum launched a wallet app. This allows more people to enter bitcoin use without the need for any technical expertise. Monetum lets people buy and use popular cryptocurrency without going through the solid professional background of blockchain.
This is the same idea as fiat money. The typical person uses regular currency without worrying about central bank reserves. In the future, the regular bitcoin user does not need to know anything about blockchain. To use money, the only thing a person needs to know is how to exchange cryptocurrency with goods bought. This is where a wallet app comes in. With an easily installed wallet app, it would be easier for people to start using cryptocurrencies.
Marco Lavanna wants to push for more cryptocurrency adoption, especially for those who have never used electronic currency, blockchain, or gone through online commerce. For underserved segments of society and industry, the use of cryptocurrency funds gives them the flexibility and security to trade, engage, and compete with larger established companies.
How to be positive there will be no fraud or Marco Lavanna scam?
Whereas other exchanges include as many cryptocurrencies as possible. Monetum has chosen to go the other direction. Lavanna explains:
”Monetum intends to open our market-exchange to trading in the fourth quarter. Our primary focus is on serving our existing clients. Rather than an exchange that lists hundreds of tokens, we will limit the selection to the few that are used for token auctions such as ICO and ITOs, and therefore require high liquidity. it is not money laundering”
More liquidity in the future would enable more usage of the currency. At the same time, it makes cryptocurrency a viable alternative or complement to fiat currency. At the same time, Monetum strives to comply with regulatory bodies. This ensures the support and assurance of ethical, fair, and legal operations. Adherence to regulations ensures the safety and security of subscribers and users. It serves as proof transparency and legality to operate. This further buttresses the company’s security claims. Ultimately, the effort to provide a safe exchange gives users the confidence to use cryptocurrency in their daily transactions.
Founder Marco Lavanna’s mission for more bitcoin users is in line with his other company, Paytah. Paytah is a multi-currency online payment solution that provides various services and platforms. The company offers merchant payment processing services supporting a variety of currencies and affording small and medium-sized companies to operate internationally alongside the big enterprises.
Marco Lavanna is a respected entrepreneur and a visionary. He is also a man of many philanthropic works and interests. Recently, his name has been embroiled in public malicious articles accusing him of fraud and being involved in scams. This is far from being true.
Marco’s businesses were built on solid ground and well-researched financial projections.