Bitcoin is an online payment coin built on blockchain technology to replace online cash payments, but due to its slow payment system, it was unable to replace several means of payments such as the use of credit and debit cards.
While Cryptocurrency is also a token built on block chain to facilitate online trading and payment platforms and it is becoming a widely accepted means of payment. Some cryptocurrencies like the bitcoin and cryptographic token have improved their times of confirmation, but still lacks the ability to authorize and complete most transactions in a short time.
As the world developes each passing day, It's high time businesses, stores, shops, government agencies etc, starts accepting cryptocurrencies as a reliable and efficient means of payment . In order to facilitate this initiative, GRAFT came into place.
WHAT IS GRAFT
GRAFT is a blockchain-based payment platform that brings together all forms of payment technologies. It is an open source decentralised payment platform.
As the normal and traditional electronic payment systems such as the credit and debit cards, GRAFT operates in similar way as they do.
GRAFT is a mainstream payment platform that any buyer or merchant can use in a decentralised manner.
GRAFT PRODUCTS
GRAFT after a successful completion of the ICO has really integrated into multiple devices.
Bellow are some of the devices GRAFT has integrated into
- GRAFT Mobile Wallet
This is an app built to allow payment and fund transfers using GRAFTtokens and other major cryptocurrencies. This mobile wallet is IOS and Android enabled
To get the GRAFT mobile wallet for IOS Click Here
To get the GRAFT mobile wallet for Android Click Here
- GRAFT CryptoFind
This app enables users to locate places that accepts cryptocurrencies world wide.
To get GRAFT CryptoFind App Click Here
- GRAFT Mobile POS
This app allowes merchants to accept cryptocurrencies from users with their Android and iOS Mobile devices.
To get GRAFT Mobile POS App Click Here
GRAFT REAL-TIME AUTHORISATIONS
One of the major problems faced by sellers, businesses, merchants, shops and traders, which also contributed to the low adoption and acceptance of crytocurrencies and cryptographic tokens is Long Confirmation Time (this is the time required to confirm a transaction). This problem has longed sought for solutions, which most crypto network have tried in their possible best to solve but proved abortive.
GRAFT is the solution to this problem. GRAFT has the ability to process transactions in real time (transactions to be completed within seconds without any charges)
GRAFT ensues that all payments were authorized and completed in just a short time (3 seconds). This was achieved by using a trusted SUPERNODES which is an authorization sample linking the buyer's account to the client within milliseconds. The supernodes works within the
GRAFT blockchain and those not work outside the blockchain.
With Real Time Authorisation, retailers, buyers, clients, merchants and businesses will be able to carry out their normal business transactions without any charges, and at same way as using credit and debit cards while adding value to cryptocurrencies.
BENEFITS
- GRAFT do not charge transaction fees, rather the merchant are charged which can be affordable when little purchases are made
- GRAFT allows senders and receivers to transfer funds between wallets whether low or high funds without being charged
- GRAFT gives room for users to instantly request for crowdfunded credit lines
- Users can pay with their GRAFT mobile wallet using debit card integrated with cryptocurrency wallets
- GRAFT allows transactions to be authorized and completed within milliseconds
- GRAFT provides Free mobile point of sale app various types of cryptocurrencies and credit cards
- GRAFT provides maximum security to users, we're they have to confirm their identity in order to complete and unlock several types of transaction
- GRAFT enables users to pay merchants with different payment methods using a mechanism known as service brokers
- GRAFT allows transactions to be carried out in Convertible cryptocurrencies and cryptotokens.
GRAFT TERMINAL INTEGRATION
cryptocurrencies has come to stay in modern economy, in order to be accepted as a payment platform, it must integrate in a way most businesses are familiar with
GRAFT which is an open source blockchain-based payment platform has successfully integrated into VERIFONE and INGENICO payment terminals which allows store owner to accept payment in crypto, using an installed app in their terminals.
With GRAFT integration, crytocurrencies can be generally accepted as a means of payment everywhere and at any point in time.
With GRAFT integration, crytocurrencies earned through crytorelated activities can be spent on goods and services.
More Information and Resources:
- GRAFT
- GRAFT WhitePaper
- GRAFT Twitter
- GRAFT BTCTalk
- GRAFT Facebook
- GRAFT Reddit
- GRAFT YouTube
- GRAFT Medium
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