So we're moving towards a transaction-less payment system now?

[Ananya Bushra]

I think, I've just come across a payment system without transactions! It's called Tectum.

It appears to be 5,000% more powerful than a MasterCard or Visa card, and its creators claim that it's capable of processing 1.3 million transactions per second.

Personally, I'm exhilarated by this leap in blockchain innovation. From cashless transactions to now transactionless payments, it's a journey of astonishing progress.

I'm curious, what do you think? Is this concept entirely novel to you, or have you encountered something similar before?

[trippie]

Unforntunately I do not know

[Gormicsta]

Yes I think so because everyone is no longer wanting to have cash at hand, as far as they have money in their bank account, they can purchase what they want through bank transfer or pay through POS (point of sale), so I think we are moving towards cashless payment system now and if it eventually become generally accepted, I would be very happy because it will be really be of help and also saves time and energy.

[Bodhi2021]

I think, I've just come across a payment system without transactions! It's called Tectum.
It appears to be 5,000% more powerful than a MasterCard or Visa card, and its creators claim that it's capable of processing 1.3 million transactions per second.

Personally, I'm exhilarated by this leap in blockchain innovation. From cashless transactions to now transactionless payments, it's a journey of astonishing progress.

I'm curious, what do you think? Is this concept entirely novel to you, or have you encountered something similar before?

Wow, "Tectum" haven't come across it but the technology has gone far that we can ever imagine! No one want to uses cash again rather than embracing cashless policy all they do is to move around with there smart phones and bank Apps are been installed in there so as to use as exchange rate for purchases,  travels, e.t.c and so fast and trustworthy than ever before in old days when we want to hear from our people or families living in far away using letter writing to exchange messages which can even take 1week or even a month for it to be delivered using different channels of transportion, but now the technology has made things so easier than you can hear from your love ones just In a blink of an eye using Advanced technology by sending messages of greetings through cellular phones and they received and reply too within some second. And also this as help by the existence of Artificial intelligence (A.I)