Graft - Universal Payment Blockchain

in #contest6 years ago


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Introduction

Graft is here to eliminate all those intermediate processes that exist and thus be able to facilitate payment in a cycle from your point of sale, directly to the bank account of the merchant through a process that is very fast and simple with the relief network through integration of cryptocurrency nodes, Graft seeks to provide credible alternative payment solutions, in order to help innovate the current world, making it even more common to be able to make transactions and buy through the use of cryptocurrencies with Graft being the facilitator.

Problem Overview

Today the world has been updated a lot, from the knowledge of the cryptocurrency the world as we know it change and the economic part with it thanks to this invention, at the beginning I doubt if it would be something that would last in the economy, if it would be something passenger and ready but it was not, the cryptocurrencies came to stay and make life easier and help many to have a better income on their own, be an economist thanks to this, there are more games, applications, advertising pages, photo pages or videos that pay you with cryptocurrencies and pages where you can invest them and other wonderful ones where you pay for your publications like steemit.

This is where everything starts to get complicated, we manage to have many or accumulate many cryptocurrencies but we can not buy things in everyday life with them, it could be said that at a certain point it is fictitious money, we have to look for an alternative to achieve change that money to our local currency and it is not always easy to achieve that, we usually get pages that take away a lot of percentages for making the change, others are unreliable and we manage to lose our money and others can take up time to pay us which makes us be with the anguish of if we will be scammed.

How easy it would be to go to a local store nearest and buy food, clothes, a cell phone or anything that comes directly to us with the cryptocurrencies we have managed to get, but that was not possible until the founders of Graft came to change that and be of great help and facilitators, with this magnificent project they will be able to make life easier for many and to make the world continue to advance and modernize.

New system, Graft

You can say that Graft is a decentralized payment processing platform, which is based on blocks of open and global code, that anyone can use, which is very helpful. On the Graft platform, the characteristics and capabilities of the cryptocurrency are combined, as well as a decentralized point of sale. The technology allows both merchants and common users to manage all money operations using a single credit card for fiduciaries and cryptocurrencies which makes this system much easier and more effective when it is used.

Acceptance of Graft in the market

It is very important to integrate Graft into the economy and the payment system, that is why traders should see this as a method that will be easier for them, fast and economic, that they do not have to make large investments in machines to accept This type of payments and that is easy to manage for them and their workers.

It is important to highlight that the system that Graft wants to integrate is cheaper than the traditional one, it is a lower percentage that they would have to pay, which makes this project much more attractive.

Verifone Terminal Integration

Ingenico Terminal Integration

Benefits offered by Graft

  • Authenticated buyers: Buyers can confirm their identity to unlock some types of special transactions that require verification of age, which makes this process very useful, anyone who takes the time to authenticate is legit, as it will have more advantages at the time of Make a transaction and gain more confidence in the system.

  • Low transaction fees: Transactions are confirmed instantaneously, in hundreds of milliseconds to a few seconds, which allows a normal process of purchase in the store and online which makes it very beneficial for the merchant as for the customer, they know that they will not delay practically nothing in making their purchase or sale and both will come out winning, because as it would be said by there, the time is gold.

  • The point-of-sale application accepts all payment methods: the mobile point-of-sale application accepts several cryptocurrencies and credit / debit cards, which eliminates the need to maintain multiple applications and portfolios at the point of sale. Here it does not matter which cryptocurrency it has, if it is not so well known in the market, it will still be accepted and something that happens in my country is that not all payment methods or any credit / debit card are accepted application, you do not have to worry about that.

  • Payments from merchants in local Fiat currency: transactions are settled in real time and payments can be received in local currency, there are no worries that I have to wait for payment since the bank has not debited the money or having to think about looking for a house of change to convert the cryptocurrency to your local currency, Graftis responsible for solving all those details.

Payment Blockchain Evolution


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It's time to think about scenarios

Let's think that we won the lottery, that we invested in a crypto page and managed to win a large amount of money, a sum of money that we never thought we would win, the first thing we do is think about everything we would buy, a car, lots of clothes , a new cell phone, going out with your partner, eating your partner or your parents or even your family, is an endless number of things that can come to mind if we have a large amount of money, but the problem Now is converting that money to our local currency and making all those wishes come true, as we would do then?.

It is difficult to get a page that is trustworthy to try to convert a large sum of money in your local currency, without forgetting also the large percentage that we would be taking away for the transaction, already there was the dinner with your family, that sad for them , should blame the page that makes the change, it is risky to make such a change but inevitable because there is no other option.

That's where Graft comes in and its introduction to the market, we should not think about the percentage of money we would lose, we should not think about the risk that transaction would be, all of that thoughts must be taken from our heads since with this innovation you just have to go where you want and simply make a direct payment as if we were using our debit or credit card in which case you have not paid the fortnight, it would be very helpful at present to be able to do that so easily and simply.

Graft, Real Time Authorizations

Graft is not only changing the world by introducing in the market the system that will make it possible to buy in any store quickly, safely and easily without having to change its cryptocurrencies, but also work in RTA (authorizations in real time), which It is very good for the market since a control of authorization in real time would allow any merchant to find out if there are funds available and in a very effective way since this process they do incredibly in a short period of time, in a blink of an eyes exaggerating a bit.

What Graft is implementing is very good and advantageous since in this way nothing would be changing for the merchants, since in a certain way this is how they work when they receive a payment from a debit or credit card. So there would be no delay in making a sale, while more ways that at the time of receiving the payment the merchant stays the same as with any other payment will be much better because it will be easier to accept, which is what search.

Did you know?

Authorizations are requests from a merchant to the consumer's issuing bank to ensure that the cardholder has sufficient money or credit available to cover the payment while reserving funds for the purchase, if available.

Graft Solutions

The image below represents the solution the Graft network is bringing forward.


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GRAFT CryptoFind App

This application is very helpful, because we can not always be in the comfort of our home and our computer or find a cyber to use a computer, then as we would if we want or need to buy something and it is our cards we do not have money or credit and you know that in your virtual wallet you have a lot of cryptocurrencies, we can not go from store to store looking for who accepts that method of payment, it could be a waste of time, we could be searching all day and searching without having any positive result.

That's where the application comes in, she could locate you quickly and easily a store that accepts cryptocurrencies thanks to Graft, without dying in the attempt, that's why it's very helpful, for me they are two things that should go hand in hand those who want to use this payment process so good.

How to use mobile applications

Graft POS and Wallet apps


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Boosting Graft

We all have to try to participate in this project, Graft is responsible for including this project to the market, giving everything possible to make it as perfect as possible and as functional as possible, but at the same time this does not only depend on them, it depends on everyone, they can launch the best project but we do not try to make it work. This is a great idea what Graft is doing and it would be ideal if we try to be open with the theme and implement it in our businesses, accept these types of payments, believe in them and help this cryptocurrency issue move forward so that it continues to change the world as we know it but for good.

RoadMap


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It is important to highlight that this route is subject to changes due to updates that may present the challenges or opportunities of technology, the market or the environment, this is only as a general guide


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Team Graft

Media Coverage

More Information & Resources:

If you want to participate in this contest, go to:

https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-graft

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