Writing Contest: GRAFT
Due to its simple use and management, cryptocurrencies have become a phenomenon of economic reach, in which a significant number of people worldwide subsist. The acceptance of these virtual currencies increases exponentially, attracting companies and markets of all kinds. Little by little conventional payment methods are left in the past and are displaced by actions in blockchains. However, adaptation processes for monumental changes do not happen overnight. This is where GRFT comes in.
![GRAFT.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmU224cZ2dTmBdipQ2qPp9sftuGqEqPZqKed4DLpy66B2n/GRAFT.png)
What is GRAFT?
Graft is a network that allows large and small businesses to make transactions through the use of cryptocurrencies. As simple as scanning a QR code of our intelligent system would be enough to make our purchases, the GRAFT system has already been implemented in terminals VERIZON and Igenico company successfully.
How does it work?
The operation of the GRAFT network is quite simple, when the buyer comes to make the payment of their products, the seller loads the data of the purchase in the terminal with the GRAFT system integrated, then the screen shows the QR code to be scanned the client from your Smartphone you must enter the mobile wallet application of GRAFT and scan the terminal code and in a few seconds your transaction will be ready, it's that simple. The best thing of all is that the difference of credit cards that take a commission of 2-3% GRAFT only takes a commission of 0.5% which makes it more feasible and attractive for sellers.
RTA(Real Time Authorizations)
GRAFT is working on improving authorizations in real time, so that the user does not have to wait for approval of a purchase for too long, no one will wait 15 minutes for the purchase of your product to be approved. Therefore, GRAFT plans to improve itsauthorizations in real time so that when buying the seller receives its payment on the preferred credit card and the user can take their product home without inconvenience.
Learn more about GRAFT here
Learn more about this contest here
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Hey @sentolyrics, you just published your PRIVATE MEMO KEY to the blockchain.
Attackers can use this key to authenticate with websites like minnowbooster or smartsteem.
You should change your password as soon as possible. https://steemit.com/@sentolyrics/password
If you have further questions, like where exactly you published your key, don't hesitate to ask. Though it might take some time till I answer.
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@sentolyrics, I do not understand anything written
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