Another milestone has been recorded in the Pi Network ecosystem with the launch of a new, digital banking app, Gargoura Digital Bank, on the Pi Testnet. The release of the app led to a great buzz on the Internet, with users posting screenshots with complex functionality and a generous design. The interface has a mix of traditional banking features and decentralized features. It reflects the effort of Pi Network to connect blockchain and the real world finance. The project is still preliminary, but it indicates the maturity that is developing in the developer ecosystem of Pi.
Interfaces Simulate Real Banking Systems
The app is written in French and has menus such as Envoyer (Send), Recevoir (Receive), and Aperc du Compte (Account Overview). It is similar to the traditional mobile banks but with DeFi flexibility. Pi Testnet allows users to transfer, accept and handle money in real-time. It has a warning icon that is bright yellow to ensure it is not an operational finance tool and only in testnet. Pi Coin is yet to have an official price in the market because the network is still in its closed testnet stage.
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