STREAMPAY - Enterprise Supply Chain Risk Monitoring and Payment Tracking Solution

teejay4 (-1)(1)in #bitcoin • 5 years ago

Hello everyone here, as I always do I welcome you guys once again to my little world that I always used to share my views about blockchain projects and startups. In this post, the project that I will be sharing with you guys is STREAMPAY and I will try all my possible best to summarily share what you guys ought to know about this project. There's no time to waste, let's ride on.

Since Cryptocurrency came to the existence of in 2009 until today. Since it has been very volatile in nature. Have a lot of people who have started to know and understand about the need invested. Cryptocurrency is a decentralized, anonymous and electronically. The world crypto lovers very happy to be know’s and assume that it’s the right way to investment in the future .. even they called as money in the future.

WHAT IS STREAMPAY ABOUT?
StreamPay is providing solutions to the problems encountered in the global supply chain, and this is through monitoring on the supply chain using the data in the value chain. As businesses adopt blockchain technology towards maximizing their supply chain, I believe StreamPay will be able to emerge as the main projects that specialized in supply chain management, risk management and payment tracking in the supply chain.

Enterprises with logistics processes, transportation, inventory, and a quality obligation will find StreamPay technology promising, and This technology will help businesses track their suppliers and finished products all through the supply chain, they will be able to use smart contracts and distributed ledgers to manage their value chain in their businesses operations effectively. StreamPay integrates the use of QR Codes and digital signatures in their blockchain solutions as these technologies have proved to be very helpful in supply chain management especially when tracking goods and services.

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Advantages of StreamPay:
Supply Chain Improvement
Because the platform allows the user to track the supply chain process from the time the raw material is purchased until it is processed into finished products, users can identify components in the supply chain that can be changed to improve the supply chain process. Faster processes
Using blockchain technology, StreamPay can identify parties in the supply chain that slow the process. Thus, it allows enterprises to get rid of such parties and add new parties that can accelerate this process.
Reduced risks
Through StreamPay transfer services, a user can transfer money to other users without the risk of being exposed to the risk of volatility and fraud, as the platform dissipates risk on the platform and implements measures to ensure detection of fraudulent users.
The identifier of the StreamPay token.
The platform will work using StreamPay tokens. Tokens allow users to access the services offered by the platform and be part of the StreamPay Token network (STPY). These tokens can be purchased during the preliminary ICO, which is expected to take place on June 30, 2018.

Why StreamPay Uses Blockchain Technology to Manage Smart Contracts?

Smart contracts are the backbone of enterprises. Blockchain technology will have important implications when it comes to contract management. Blockchain is becoming an area of interest to design new distributed ledger technologies.

Contract management helps with contracts that are self-enforcing or self-executing. Blockchain’s role in the contract is to replace the third party required to resolve legal disputes. Known as “smart properties” or “colored coins,” tokens can be used to represent any asset, from stocks to cars. The ability to hard-code transfer of ownership when trading these assets can potentially create “unbreakable” contracts.

How it works

Thanks to smart contracts and chain based blocks, technology users can also check traffic in the supply chain in real time. It will also manage payment processing on behalf of users, thus offering them an worry-free experience in the supply chain process.StreamPay has a global payment and tracking system, and they also implement blockchain technology in managing intellectual contracts. This system can be accessed through consumer smartphones and all forms of payment and currency around the world. The system is synchronized with the user's electronic wallet, so any payments made on the platform will be reflected on the user's wallet. Users can also make deposits or transfer their funds to other users regardless of their geographic location.

What StreamPay has to offer us:

Currency own token STPY.

The absence of a third party (intermediary).

Ability to track the product since the first time thanks to QR code.

Reduce the possibility of fraud and identity theft.

Accelerate the process of delivery of finished products or services.

Full transparency and security of all processes.

Use your own Visa or MasterCard debit card.

Token Sale and ICO Details

The token sale starts on 1st September 2018, at StreamPay.io. 50,000,000 STPY tokens will be distributed during the token sale period. Pre-sale starts 30th June 2018. The Last day of the token sale is 31st January 2019. The price is set at the rate of 1 STPY token per $1.00 USD. Ethereum will be used to purchase in the tokens.

Parameters Of The ICO

Token symbol: STPY

Token Price: 1 STPY = 1.00 USD

Accepted Payment Method: ETH

Standard Token: Ethereum

Soft Cap: 100,000 USD

Hard Cap: 50,000,000 USD