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PI NETWORK: Soon to Allow Pi Withdrawals from ATMs, Cross-Chain Bridge on July 15

By: Elena - Hello everyone! This article compiles news about Pi Network with the following main points: anticipating a major event at the end of 2024 when Pi withdrawals from ATMs will be available; the Multisig Wallet is nearing completion and the cross-chain bridge update will be available on July 15, 2024; and Pi will be listed on international exchanges.

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Pi Network and Its Future

It's amazing! In just a short time, we will witness a major event in the cryptocurrency industry at the end of 2024: Pi Network will announce the full opening of its mainnet. At that time, many people will be very surprised. Pi will be the number one cryptocurrency because it has been improved with the latest technology after Bitcoin and Ethereum, with a community of over 60 million people in more than 230 countries globally.

Pi is an accessible cryptocurrency for everyone; you can mine Pi for free every day with just a smartphone. Pi will be very valuable because of its breakthrough nature, without the environmental pollution caused by Bitcoin and Ethereum mining. Pi Network creates a peer-to-peer economy built on the largest blockchain network in the world with over 200,000 transaction processing nodes across continents.

Latest Technology and Advantages of Pi Network

Pi Network employs the latest technology in blockchain development, enabling high efficiency and reliability. Unlike Bitcoin and Ethereum, which require specialized hardware and consume large amounts of energy, Pi Network only requires a smartphone for mining. This makes Pi more environmentally friendly and accessible to anyone, anywhere.

Pi Network's Global Community

With a community of over 60 million people in more than 230 countries, Pi Network has become a global phenomenon. This community consists of various backgrounds, from tech professionals to ordinary users interested in cryptocurrency. The strong community engagement is one of Pi Network's main strengths, providing significant support and promotion for the network.

Peer-to-Peer Economy with Pi Network

Pi Network creates a peer-to-peer economy built on the world's largest blockchain network. With over 200,000 transaction processing nodes spread across continents, Pi Network offers fast, secure, and transparent transactions. By using Pi currency, you can trade across borders with low costs, safety, and transparency. Pi adheres to international standards for reliability, anti-money laundering, anti-terrorism, and personal information security policies.

Security and International Compliance

Pi Network adheres to international standards for reliability, anti-money laundering, anti-terrorism, and personal information security policies. Pi has been certified by the US Patent and Trademark Office, licensed by the European Union, and authorized to operate in China. These certifications and licenses demonstrate that Pi Network has a high level of security and compliance, making it trustworthy for users worldwide.

Social Network and Ecological Applications

Pi Network has a web-based social network and thousands of ecological applications awaiting approval after the network opens. These applications cover various fields, such as commerce, financial services, and entertainment. With a strong social network, Pi Network users can connect and interact with each other, creating an active and dynamic community.

Vision of Pi Network

Pi Network's vision is to become widespread for billions of people around the world. Why are the Chinese so enthusiastic about Pi Network? In the past, the value of Bitcoin was also boosted by the Chinese, and Pi will be no exception. Great things are about to happen at the end of 2024 for Pi Network and the global Pi Network community.

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Pi Usage in China

China has created digital currency ATMs. Later, when Pi fully opens its mainnet, you just need to scan the Pi code to withdraw cash. This is wonderful. Let's watch this video clip together.

Multisig Wallet for Businesses

Another piece of information for the community: the Multisig wallet for businesses has completed its initial phase and is likely to launch in the next few weeks. Pi's Multisig features are in the final stages of development and testing. It has completed the first step in the application development process but still needs to complete the next steps, including configuration, security, and connecting the application wallet. These steps are necessary to ensure the Multisig application operates smoothly and complies with required regulations. Let's wait for more updates from the Pi Team in the coming weeks.

mBridge Project and Pi Network

The mBridge project of the BIS Innovation Hub for cross-border central bank payments compatible with the Pi blockchain. The banks involved include the Bank of Egypt, the Bank of China, the World Bank, and more than 20 other banks. Cross-chain transaction tests have been conducted on the Pi blockchain. According to Stellar network, the cross-chain bridge will be available on July 15, 2024. I predict that in the next few weeks, there will be significant updates to Pi Network. Perhaps some new applications will appear on Pi Browser. Let's wait for good news from Pi Network.

Towards Full Mainnet Launch

Pi Network is in its final stages towards a full mainnet launch. Certainly, Pi will connect with daily exchanges to list its value and announce its value globally. Pi follows a detailed roadmap and has clear plans to develop from the initial phase to becoming a complete decentralized cryptocurrency network, opening up great potential for the future. Phase 3 - the open mainnet is the final and most important step, marking the official launch of Pi. Decentralization and the absence of central control will create trust and transparency for the system. Connecting with exchanges opens up opportunities for Pi to be widely traded and used in daily transactions globally.

Evaluation by Global Service Providers

Currently, Pi is being evaluated by systems of providers such as Amazon and eBay. Pi is building a global trust graph from users' personal security circles, helping to identify who on the Pi network can be trusted. Transactions do not require intermediaries, and Pi aims to create a fairer playing field, helping users optimize their untapped resources. In short, Pi follows a detailed roadmap and has clear plans to develop from the initial phase to becoming a complete decentralized cryptocurrency network in 2024.

Conclusion and Future Expectations

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With all these developments, Pi Network is on the right track to becoming one of the world's leading cryptocurrencies. A strong community, advanced technology, and compliance with international standards give Pi Network great potential for the future. We all look forward to further updates and innovations from Pi Network that will transform how we transact and interact in the digital world. Let's continue to support and follow Pi Network's developments, and be ready to welcome a new era in the cryptocurrency industry.


A very reliable source: JoJo-π


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