There seem to be a strong notion mostly amongst blockchain enthusiast that digital currencies (crypto-currencies) will in a not too distant time take the place of traditional payment methods, so many organizations have indeed seen the peculiarities and enormous potentials of blockchain technology and are very much ready to discard all pre-existing traditional system which are mostly centralized system inundated with plethora of irregularities and challenges. With the advent of blockchain technology there seem to be changes, development and enhancement in the efficiency of different sectors where it is applied. Hitherto centralized systems are known for crude/manual slow transaction processing process, but blockchain technology stands out as that which gives a transaction that is faster, secured and very transparent.
Ever since the invention of blockchain 2009 we have seen Bitcoin and so many other cryptocurrency based projects over the years, but quite a number of this project did not last long because they could not measure up with the dictates (standards) within the crypto-space. Even though blockchain is a conscious attempt aimed at solving the issues facing most centralized system, a good number blockchain project still have financial systems that charges exorbitant transaction fees and so put a strain on its users, but with NuPay a lot of this issues will be addressed once and for all, it is a project with an earnest quest to solve all the challenges in the financial system.
NuPay project can best be described as a one of kind financial payment platform that aid in linking both users and merchant in one platform. In a bid to consolidate its successful strides it has gone further to develop and launch its own native token (TPCT) which will use as a legal tender or as a medium of exchange during transaction. The NuPay project in a bid to ensure scalability of its TPCT token, it enjoins a smooth partnership deal with Korean OFFLINE and ONLINE stores. The sole aim of the NuPay project is to have a payment platform that can easily neutralize the incidence of third parties in virtually all transaction within the crypto -space, it will aid users and merchants to carry out trade directly by themselves and for themselves with no third party interference, the platform will charge very low transaction fees. With its blockchain infrastructure it will be operate a full decentralized system devoid of any kind of manipulation.
The NuPay platform system will operate a flexible payment system that allows room for different means of payments like vouchers, gift-cards, cryptocurrencies, POS etc. NuPay understands from experience that the sustainability of any project is dependent on the quality of convenience and community coverage it offers it users and so it has 24 hours customer support system that meets the needs as well as challenges that may arise.
NUPAY CORE ELEMENTS
The NUPAY consist of
- The merchants
- The users
- The NuPay blockchain.
- NuPay Scan
- NuPay payment platform
All working together to give a value proposition like never before, the NUPAY prototype services also comprises of App, Web and NuPay card. The NuPay token are designed to function as medium of exchange during purchase of goods and services within the NuPay platform, the token is an Erc 20 token specially launched on the ethereum blockchain network
CONCLUSION
The NuPay project is aimed at making blockchain systems better by providing lasting solutions to problems in methods of methods. The NuPay Platform strives to create a service that is decentralized with a list of applications that functions solely on blockchain peculiarities. The NuPay represents transparency, security and efficiency within the crypto space. it a consolidation as well as enhancement on the different achievements and deficiencies of blockchain so as to solve the challenges of the modern world of payment.
For more information,visit below;
Website: http://nupaymentalliance.com
Whitepaper: http://tpct.io/
ICO Website; http://tpct.io/
Telegram: https://t.me/NUPay_English_Comm
Medium: https://medium.com/nupay
ANN Thread: https://bitcointalk.org/index.php?topic=5097440.0
Author profile: https://bitcointalk.org/index.php?action=profile;u=2528525
Author name: Ucheman
Eth address: 0x1714ea3Cce6E6B8680eeaB0EB03e51b6C4E2797e