It defends the motive of Bitcoin as “Peer-to-peer electronic payments”. With low fees and decentralized in nature, the growth opportunity of World Bank worldwide is enormous. A user can purchase a product and pay in crypto. The server receives the cryptocurrency and instantly converts it into fiat currency. The exact amount of converted fiat is credited in merchant’s account.

As crypto is getting popular, more businesses are accepting crypto as a form of payment. World Bank acts as borderless and contactless payment technology designed on Binance Smart Chain.