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Frequently Asked Questions about Payment

Why did TECD choose to build this App on the Blockchain platform and use MetaMask for payment instead of conventional methods?

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  • Currently, several major brands such as Nike have started using Blockchain to verify the authenticity of their products, helping to prevent counterfeiting and protect consumer rights. In the food industry, companies like Walmart are applying Blockchain to trace the origin of food from farm to table, ensuring food safety and hygiene.

  • TECD, following the Kambria DAOs model, develops its application on the Blockchain platform with the goal of building a community-owned technology model. In this model, the community is empowered to make decisions based on the advantages of Blockchain such as trust, transparency, and automation. Moreover, the application of Blockchain in intellectual property management will enable open-source solutions to be commercialized by their communities.

  • Developing on Blockchain also helps the community participating in the solution (Seniors and Youth) to operate and interact with each other from anywhere in the world more easily.

  • On the other hand, cryptocurrency is considered the currency of the future, with an increasing number of service platforms using cryptocurrency for transactions, such as: Zaiko (events and digital content), Bitwage (payroll), Travala (travel), The Giving Block (charitable donations)...

  • Using MetaMask wallet for payments also brings many benefits. MetaMask is the most widely used cryptocurrency wallet, allowing users to store, transact, and interact safely with DApps. Additionally, the integration of MetaMask wallet into the TECD platform also creates a user-friendly and easy-to-use experience.

  • Following the advancement of technology, TECD is also integrating an automatic conversion payment solution between cryptocurrency and fiat currency to further facilitate user convenience.