MobiePay Rebrands into Mobie Network to Broaden the Scope of Technologies and Products
16 October 2021 - 06:10PM
NEWSBTC
MobiePay, a popular service that aims to bridge the gap between
blockchain and the mainstream, has recently announced a major
change of its brand. The project has now changed its name to Mobie
Network. Initially, the project started off as MobiePay, in order
for people to know what type of project the team is developing and
what kind of service they plan to offer. However, as the
development continued, the project decided to broaden the scope of
different technologies and products that it aims to build and
offer. But, with all the new products in the pipeline, the name
MobiePay no longer does it justice, indicating that the project
offers less than what it actually has. As a result, its team
decided to rebrand into Mobie Network, which is expected to help
with more utility within their platform. The change will also help
build the Mobie ecosystem into a proper network, instead of being
simply a payment/banking functionality. On top of that, the project
will also enhance its products with other on-chain and off-chain
products. The project’s ultimate goal is to turn its Mobie Network
into a hub for all of the crypto-specific innovation that is
encompassed under the Mobie umbrella. This is meant to include
everything, from MobieSwap, Mobie Bridge, the token side of the
app, staking and rewards functionalities, the tokenized community,
and more. What Innovations are Coming with Mobie Network? Mobie
Network will also build mainstream products with blockchain by
bridging the gap between user experience and this emerging
technology. One way to do it is to provide a more personalized
payment experience. Specifically, the project will offer a personal
and business finance app that will be available on the web and
mobile alike. Next, they aim to offer an efficient and dependable
gateway for crypto and fiat currencies alike. This will allow them
to handle anything, from checkouts to transfers. Mobie Network also
plans to get involved in gaming payments. Crypto and gaming have
been a great match for years now, and Mobie Network can contribute
to that relationship further by bringing innovative payments, data,
and sophisticated analytics. Speaking of analytics, the firm is
bringing consumer and market insights to those who need it, and in
doing so, it can help drive loyalty and conversions for retailers
in any industry. Finally, with the NFT sector exploding in 2021, it
is not surprising that Mobie Network is eyeing that space as
well. In terms of NFTs, it will support users with creation,
purchasing, storing, or swapping them, with all of the transactions
being effortless, efficient, and with a seamless interface. Of
course, the network will continue to allow users to spend, send,
earn, or give cash or cryptocurrencies instantly. There is a clear
advantage to being able to do all of this from one spot. However,
Mobie Network is going even further than that now, offering users
to use crypto for everyday purchases, it offers incentives for
adoption and growth through cashback and affiliate revenue, and it
simplifies payments for the merchants, making it easier for them to
start accepting cryptocurrencies. In doing so, merchants stand to
become a part of an extremely popular emerging crypto industry and
increase the number of customers through inclusiveness. Conclusion
All in all, MobiePay was an important chapter in the project’s
history, but now it is time to take the next step, and Mobie
Network is the working name for this new segment of the company’s
history.
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