Currently, the economy is governed by transactions that are mostly centralized, arranged and limited to the local currency of each country and governed by a general banking system that has its own exchange devices, such as points of sale and systems that they are created by means of the banks ordered in each case.

And now, we are going to select a series of "disadvantages" that this current economy system offers:

• The centralization of the currency exchange system means that the transaction process is limited to a single point, and to a single currency (few exceptions), but this is what creates barriers when wanting to acquire a specific service or product, which is not within a range limit of established territory, so many operations never come to fruition.

• The cost of the percentages for each transaction requested by credit card systems or by a specific bank, which represents perhaps a not very high value, but which in the long term becomes an "extra" expense that can reach be a problem because if a person organizes their income in a certain way without taking that into account, and makes many transactions in one or another account that requires that transaction fee, in the end you can accumulate an unwanted extra at all the usage of your credits; not good.

• Not having the ability to use cryptocurrencies directly, which creates a situation that for people who own this currency can become uncomfortable, since the time they require to make the change from the crypto in question to the local currency they need It can take a lot of more of waiting, that sometimes it may not be possible to afford, so this can also impede the flow of many business processes and purchases / sales in general.

Pointing to these disadvantages, is how we can then define the work that the GRAFT team does, since they built a platform capable of fixing all those situations through the blockchain system, built under its long finished ICO, and created its MainNet functioning.

There are a number of great benefits to be seen with the implementation of this system and that is projected with increasing force in the future, and now we are going to point out some of the things, which are also expressed very clearly in this image

We are going to do the things simple here, and step by step, don't you think it's better?

• Implementation of a system that expands the range of currencies with which you can make purchases and sales of products and services.

• Reduction of the time required to make certain transactions, especially in terms of cryptocurrencies that is concerned, since the time used to approve and verify transactions from the blockchain will be reduced exponentially by the apps determined for it.

• A much lower cost of the payment method called "transaction taxes" (being almost half of what a credit card transaction requires in any transaction using the GRAFT payment system, the RTA that we will talk about later.)

Here is a table that shows us how the general ecosystem of GRAFTnetwork works

One of the implementation systems offered by GRAFT to benefit users of cryptocurrencies is the use of Payment Terminals, which together with the mobile app, create a change system that is perfect for making transfers without the need to have wait a long time or have to use the required currency in the place where the user is wihout any limitations.

It is then where implementing this system becomes important, because it is very easy to use and does not provide a difficulty in this case to the seller, due to having to learn processes and a series of steps that are often not ready or do not have time to learn, so it becomes a very important tool for both the buyer, the seller and that product or service that initially did not have the option to be bought by traditional methods, now it does!

Here are a couple of videos that explain how the integrated terminals and the app work, and in a matter of seconds we have a complete and successful transaction!

Verifone Terminal Integration