GRAFT The Economical Faster Efficient Future of All Payments

The Present

How do we use money? We make a purchase & use our card to make a purchase. If the store does not accept cards? We offer cash and what if we are not carrying cash?

The Changing times

Instead of cash I have some crypto currencies like bitcoin and Litecoins in my mobile wallet would the store accept it? Most likely No.
Even if the store accepted crypto it could take anywhere from 10-60 minutes for the transaction confirmation. Such long wait is quite unacceptable.
The current transactions fee is high. So a $5 BTC payment may involve a $20-$30 transaction fee.
With blockchain every transaction is logged. Do you fancy creating a blockchain transaction receipt for everything you pay for at you pharmacy?
It could be down right embarrassing?
So here come the future..

The Future is Graft

Graft is a decentralized, globalized open source blockchain based payment system that can be used by anyone including buyers & sellers.

Graft uses payment protocols and flows similar to traditional electronic payment systems. Be it credit, debit or prepaid cards Graft can manage the payments at a much lower transaction cost.

Graft is setting up the infrastructure to make cryptocurrency payments become the mainstream mode of payments.

GRAFT implements a friendly Point of Sale payment network powered by the GRAFT coin which is a combination of proof of work and proof of stake supernode blockchain implementation.

There are 3 set of people who would benefit from the GRAFT coin and project

The Merchants

The buyers (Senders)

All Merchant Payments handled by one app

Merchants can integrate their POS with the GRAFT infrastructure seamlessly and start accepting cryptopayments.

They benefit from a lower Transaction fee as compared to credit cards

Real Time Authorization

The Payments gets authorized instantly.

Merchant can set Special Transaction types and Smart Contracts.

-Pre Authorization ticket bookings, hotel Check-in can use this to process payment when guests arrives at property, gas station payments etc. can be expedited with this facility.

-Schedule or Escrow transactions are per-programmed configurable smart contracts & can help
businesses set up periodic remittance and subscriptions.

Free Point of Sale App accepts all Payment Methods

GRAFT eliminates need of multiple point of sale apps & wallets with its Free Mobile Point of Sale App that accepts different cryptocurrencies, credit/debit cards.
MerchantPayouts in Local Fiat Currency

MerchantPayouts in Local Fiat Currency

Merchants can receive all payments in local fiat currency.

Authenticated Buyers

Buyers Can confirm their identity which require various type of verification like age making it useful at bars,movie shows etc

Why should The Buyer (Sender ) use Graft

No Transaction fee for buyers

The Graft fee are always charged to the merchant.
This makes small purchases with cryptocurrencies affordable.

Free Fund transfers between Wallets

Send money to family & friends for free. One can send money between wallets using limited low priority slow fund transfers.

Universal Mobile Wallet App

As a user one can pay using various options from cryptocurrency to card payments from a single interface.

Spend money with ease

This mobile wallet can be used anywhere using the debit card associated with the wallet.

Crowdfunded credit

The mobile wallet user can instantly request a crowdfunded "credit line". So take loan with no credit history check.

GRAFT will mobilize businesses to adopt cryptocurrencies and benefit both the merchants and the buyers.

For the Investors it presents an opportunity to gain by participating in this ICO

For more details refer

GRAFT
GRAFT WhitePaper
GRAFT Twitter
GRAFT BTCTalk
GRAFT Facebook
GRAFT Reddit
GRAFT YouTube
https://steemit.com/cryptocurrency/@originalworks/150-steem-all-languages-sponsored-writing-contest-graft

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