$QUAN new updates on the LootUp App and its functi
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Posted On: 04/25/2022 2:16:37 PM
$QUAN new updates on the LootUp App and its functionality.
LootUp solves many problems that plague outdated traditional payment apps in a decentralized way. We are non-custodial, which means you are in complete control of your funds at all times. We can't freeze, remove, or have any access to your wallet. Your private keys give you permanent access to your funds, even if you lose your phone. With LootUp, send funds to anyone in the world in real time without the need for a 3rd party settlement.
Although blockchain has come a long way, it is still very early in its development and the blockchain is not user friendly for the non-tech savvy. Blockchain users still use long random strings of letters as send/receive addresses that are easy to mess up. Funds are often sent to the wrong address, resulting in permanent loss. On LootUp, we're creating a revolutionary middle process feature that will require users on the receiving side to confirm payment or allow the sender to cancel before their transaction is confirmed. Additionally, we are integrating an invoice option which will require the receiver to sign and confirm before receiving funds.
LootUp solves many problems that plague outdated traditional payment apps in a decentralized way. We are non-custodial, which means you are in complete control of your funds at all times. We can't freeze, remove, or have any access to your wallet. Your private keys give you permanent access to your funds, even if you lose your phone. With LootUp, send funds to anyone in the world in real time without the need for a 3rd party settlement.
Although blockchain has come a long way, it is still very early in its development and the blockchain is not user friendly for the non-tech savvy. Blockchain users still use long random strings of letters as send/receive addresses that are easy to mess up. Funds are often sent to the wrong address, resulting in permanent loss. On LootUp, we're creating a revolutionary middle process feature that will require users on the receiving side to confirm payment or allow the sender to cancel before their transaction is confirmed. Additionally, we are integrating an invoice option which will require the receiver to sign and confirm before receiving funds.
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