Mulierum / DIVA; new alternative proposal for Financial Payments on Social Media

[alexleehk]

With the fast growth of social media firms, digital industries, which account for around $10 trillion globally, has reached a crucial point. Social media apps that expand their capacity to shape. The liberal economic order has succeeded in marketing, sales, payments, revenue, commerce, tech, and ad. Platforms that provide marketing and advertising services to a new source of revenue for the people, improving sales and product accessibility.


Social media is expected to go through a refining stage, like any other innovation, which appears like an endless series of updates and enhancements. Despite their large list of advantages and disadvantages, social media and apps have been here for over a decade, and their impact on society today is both deep and obvious.

Pioneers in social media technology who have transformed our social interactions have again pushed the bar by introducing a payment channel in the social media ecosystem. It has transformed how we pay our friends, family, and partners. Think about how social media payments can disrupt the payment sector if you think social media is a major disruption of our social relationships. One may consider if social media payments would one day be the spark for a cashless world.

Social media networks have all the essential elements to create a powerful payment platform. They can reach remote and remote places, have a big customer base that expands rapidly, easiness to use with a far better-personalized user experience than most other mobile or Internet apps.

Considering all these advantages, the adoption of payments through social media is much lower than predicted compared to other recent developments such as real-time transactions and mobile payments. PayPal originally popularized the concept, and other businesses, such as Apple Pay, Twitter Buy, Google Wallet, WhatsApp Pay, Venom, and Snapcash, have been making their versions since.

Facebook, which controls the 200 million and rising Social Media Messenger App, WhatsApp, might prove a full-scale payment mechanism for Social Media.

Considering the massive database of users that social media possesses and the payment capabilities readily available today via technology, it made perfect sense to bring the two together…right?

Well, will the Mulierum Project( DIVA Token), which set out to solve this problem, be successful?