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What is the purpose of a “cross-border payment” solution in the blockchain space?

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Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

You can download the app from the Google Play Store and create a new account.

To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.

In this guide, you’ll learn the answer to “What is the purpose of a “cross-border payment” solution in the blockchain space?” in Marina Protocol.

What is the purpose of a “cross-border payment” solution in the blockchain space?

Question: What is the purpose of a “cross-border payment” solution in the blockchain space?

Answer: To reduce transaction fees for international money transfers.

Further reading

Which blockchain platform focuses on providing privacy and anonymity by using technologies like Confidential Transactions and Ring Signatures?

In the context of blockchain, what is the purpose of a “whale”?

What is the term for the process of creating a new cryptocurrency that shares a portion of its blockchain history with an existing cryptocurrency?

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