GRAFT: Point Of Sale
There are thousands of cryptocurrency nowadays and all of them have stored up value. Unfortunately, cryptocurrency have very little real world uses aside from trading with other cryptocurrency, paying for some services and goods, and exchanging them for fiat. This limited uses is a hurdle that must be overcome for cryptocurrency to prosper and be universally accepted.
In other words, cryptocurrency must become freely useable just like that of fiat. But such hurdle is not easily resolve. Very few businesses and merchants accepts cryptocurrency as a form of payment. Fortunately, there had been constant effort from the crypto-community to rectify this issue. Countless platform and DApps had been created to make cryptocurrency more useable. But it's still not enough. What we really need is a platform or DApp that will allow merchants to easily integrate cryptocurrency payment to their businesses.
This is where GRAFT comes in.
What is GRAFT
GRAFT is a retail-oriented payment blockchain network that aims to bring cryptocurrency to the point of sale. Making it possible to use cryptocurrency as a quick source of payment for products and services just like credit cards, debit cards, and cash.
GRAFT will try to solve issues like unbalance transaction fees, scalability, long confirmation times, incomplete security and such so as to make cryptocurrency more accessable and adoptable to the public.
The GRAFT network is legal and is compliance to local laws and regulations, and allows cross-border payments. It has a built-in merchant tokens, loyalty programs, services like automatic currency conversion, a flat value token and lastly will allow person-to-person credit.
The Advantages of Using GRAFT?
As mentioned above GRAFT is made to especially adopt to users and merchants needs, as such using the network gives a lot of advantages. For example GRAFT;
Accepts major cryptocurrencies
- GRAFT will accept major cryptocurrencies like Bitcoin, Ethereum, Dash, Monero and such. Thus eliminating the need to keep several cryptocurrency wallets and DApps.
Instant Payouts in Local Fiat Currencies
GRAFT allows transaction to be processed in real time and gives the option to received payouts in local currencies—thus making the conversion of cryptocurrency to fiat a lot easier and less complicated—also it will save users from unnecessary fees as their is no need to use third party exchangers.
Instant Confirmations Online and In-Store
- One reason why cryptocurrencies are not easily accepted on both online and offline stores is that transactions are not completed instantly. This is a major turn of to buyers and sellers alike. GRAFT's transactions can be completed in hundreds of milliseconds, making it almost instant.
Integrations with leading terminal providers
- GRAFT is integrating with leading terminal providers, that allows cryptocurrency to be used and accepted without the need to change their POS system. This makes system integration a whole lot simplier thus saving both time and money.
GRAFT DApps
GRAFT Point of Sale (POS) is a mobile app built for small merchant to augment their fiat POS to crypto POS, allowing them to accept payments for their products and services using cryptocurrency.
The mobile app is available for both the IOS and Android phones.
GRAFT Wallet is a cryptocurrency wallet made for the GRF holdings. It has a "top up" option that allows user to top up GRF tokens by either credit cards or other cryptocurrencies.
The GRAFT Wallet is available to Windowsand MacOS.
It also have a mobile version useable to both IOS and Android.
GRAFT CryptoFind is an app that allows users to find stores that accepts cryptocurrencies as a form of payment. It also allows merchants to easily update their store's status if needed be.
The app is both available for both IOS and Android.
Afterwords
Cryptocurrency is becoming increasing popular and more and more people are exploring the technology but its inability to be easily useable to purchase products and services is one of the biggest reason that prevents mass adoption.
The creation of the.GRAFT project tries to address this issue and if proven successful will bring out a new future for cryptocurrency and commerce. A future where cryptocurrency is a mainstream just like fiat and credit cards.
For More Additional Information and Resources
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