Climate and environmental issues are simply increasing in severity, with temperatures rising and natural disasters occurring in one place after some other. Rather than turn a blind eye towards these weather, the population has become more than conscious of their consumption habits, pushing towards finding more sustainable means to come across their needs. Likewise, brands have also committed to reducing their footprint.

While most businesses accept taken a more sustainable stand, the payment industry has fallen behind. As many new actors and payment methods have joined the race, their mindset has been set on making a profit without a sense of social, ecology or economic responsibility.

Retreeb

This mindset has since been evident through the high toll of these services for users. The asymmetry between the impact and corporate social responsibility has only continued to grow until the world was introduced to the concept of blockchain applied science. With blockchain, the potential to gain admission to an added level of transparency exists, resulting in fewer risks when used correctly.

In addition to unmatched transparency in transactions, improved terminate-user feel, better procedure efficiency and faster transaction speeds in business operations become additional by-products of its decentralized nature.

The question then becomes, "isn't it time to take advantage of this technology to change the rules of the game and make finance more ethical and responsible?"

It is this gap with traditional finance that Retreeb fills as a sustainable alternative.

In reference to the current market place, a member from their team shares, "at the centre of economic exchanges, payment is the key to making blockchain mainstream and building the path to a new sustainable finance."

Beyond the trusted middlemen

Where finance was once a particularly opaque sector, Retreeb is giving its customers the ability to take back command over financial transactions. Their model based on corporate and social responsibility, combined with blockchain-powered financial compages, provides a disintermediated payment method complimentary of the interbank commissions common today.

Therefore, merchants can now expect a much smaller fee of 0.9% to 1.5% compared to the two.v%-v% mutual by centralized marketplace players like Visa or Paypal today.

Retreeb

This is possible thank you to the Fantom Opera technology and the blockchain infrastructure on which Retreeb builds its offering -- an infrastructure that provides fast transactions, low costs and many opportunities for evolution.

Although reduced, the platform continues to pledge i-third of their fees (33%) towards social projects that users vote on, something the platform refers to as solidarity cashback.

More than insights from Retreeb here

In exercise, Retreeb uses a "bi-foundational model," including tokenization of transactions and SEPA banking concern transfers. Tokenization is made possible through a form of Fanthom'southward "Lachesis DAG" on the Lachesis Protocol. The 2nd colonnade in the foundational model looks to the SEPA bank transfer, which aims to circulate fiat financial flows, which in plow, assistance the platform regain control over the transaction to apply its business model.

Retreeb also leverages a two-asset organisation, which includes (S)TREEB (Retreeb'due south Stablecoin) and (U)TREEB (Retreeb's Utility Token).

Together the apply of these decentralized technologies helps to develop a business model based on ethics and sustainability rather than profitability alone.

Paving the mode to ethical finance

Since the company's inception, they have successfully built an international team, complete with passionate experts from a various number of fields. Afterward raising $ii.2 meg, Retreeb launched their token in partnership with Spookyswap, ranking in the top ix projects worldwide. They have since grown a community of over 28,000 followers on Twitter and xvi,000 on Telegram.

The team assures that there are more updates to come. Their CEO announced "the imminent launch" of their staking program during the Fantom Programmer Conference.

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