Metal is a digital currency based on blockchain technology that is used to prove that users process payment confirmations and is rewarded with MTL tokens, similar to Bitcoin. Metal has a user-friendly product like Venmo, Square, PayPal. As a payment tool, Metal is suitable for Bitcoin or other digital currencies.
Although there are still many small businesses in the world who are more willing to accept cash, cashless is the future trend, and refusing to accept digital currency or credit card payments will lag behind this society. Simply put, Metal only provides new digital currency services for enterprises, and digital currencies have common characteristics, especially in terms of privacy protection. To bring digital payment methods into the real world, some traditional banking institutions are also leveraging blockchain technology, which Metal expects will allow consumers to save 4%-5% on their purchases.
