Graft: 21st century payment processing

solcross (52)in #crypto • 6 years ago (edited)

GRAFT (Global Real-Time Authorizations and Funds Transfers) wants to ensure that businesses are not only able to take advantage of the possibilities created by the cryptocurrency movement, but they are able to offer better services/options to their clients/customers, and cut down on the cost they incur with regards to transaction fees they pay as a business. This will also lead to an increase in revenue, which is a primary concern for any business.

Customer pain before GRAFT
GRAFT is a decentralised payment solution that any buyer or seller can use to effect payment at a fraction of the cost they will have incurred by using traditional payment solutions. It’s secure, open and reliable. These are features that come, by being based on the blockchain.

Currently, existing cryptographic payment systems have some limitations, which tend to deter interested parties from taking advantage of them. These are:

Lacking support offline
Not being secure enough
Volatility
Scalability issues
Lack of privacy, seeing the blockchain is open
Lack of a fully functional trust mechanism
Lack of customer support
Issues related to processing micro payments
Poor user interfaces
Long confirmation times
Lack of essential transaction types.

*The GRAFT advantage

GRAFT gets one better over the competition, by making use of cutting edge technology and implementing great features.

FEATURES OF GRAFT AND THE GRAFT ADVANTAGE.

REAL TIME AUTHORISATION
This is probably the primary reason we have not seen cryptocurrencies massively adopted by traditional businesses. This is currently being worked on by GRAFT, and will ensure that payments are effected almost instantly, as it is with traditional payment solutions. This will not incur any extra charges.

GRAFT makes use of supernodes to process transactions. They are active 24/7 and transaction fees are paid by the enterprise to the partnering third party. DAPI are also made use of, are they are hosted on multiple supernodes. Any node can be made use of at anytime.

GRAFT TRANSACTION FEES
With graft, it is possible to have transaction fees of 0.0017% but no higher than 0.75%.

RTA based transactions are fixed at 0.5%, while SLA/Services are between 0.25% and 0.75%.
Users are also able to transfer funds (GRFT) for free, between wallets (limited).

This is a fraction of what traditional payment solutions currently offer.

Benefits users and businesses stand to gain

TEAM

PARTNERS

ROADMAP

VIDEOS

Introduction

MORE INFORMATION & RESOURCES:
GRAFT WEBSITE
GRAFT WhitePaper
GRAFT's Twitter
GRAFT's BitCoinTalk
GRAFT on Facebook
GRAFT on Reddit
GRAFT on YouTube
GRAFT on Medium

REASON FOR CHOICE OF DESIGN
Conveying messages easily, always does it. By looking at the graphics, users can easily understand the value GRAFT brings to the table.