Graft

The graft is universal payment platform which is based on blockchain technology. Therefore, it has features of both cryptocurrencies, which forms the underlying system that securely and privately registers payment transactions, and decentralized point of sale, which authorizes payment transactions in real time and allows merchants to accept payments and receive payouts not just in various cryptocurrencies but using traditional methods such as credit and debit cards. For consumers (buyers), Graft wallet provides a secure and untraceable method of payment using multiple cryptocurrencies and fiat currencies.

How is GRAFT changing payment procession?

• Currently, we use PoS which accept bank credit card and debit card but now this is a new era of cryptocurrency and because of widespread adoption of cryptocurrency this project played the vital role. At this time people only hold their cryptos for future no use for day to day transaction like shopping, movie, cafe, restaurant. But Graft can bring a major change and it helps and encourage people to do shopping by cryptocurrency.
• Current bank pos has transaction fees which are very bad for all of us where in GRAFT there are no fees for the user that is why user prefer to accept GRAFT.
• Banking pos transaction takes too much time wherein Graft settle every block in two minutes this attracts merchants to exchange there existing pos to Graft.

How will having a PoS solution that can be installed on existing terminals allow mass adoption? 

• Graft team should make centers to promote their products. Almost in all countries should have centers.
• Give attractive promotion to the merchant for the adoption of Graft. Give some bounty and milestone programme.
• Use social media to promote this project.
• Start a referral program for a user who promotes this or writes somewhere on social media like steemit,  facebook. 
• Encourage the user to write about graft by rewarding them on steemit because steemit is a cryptocurrency based website and people here is at least little knowledge of cryptocurrency so it is better to target steemit users for adoption. There are still people around me in my city who don't know what is cryptocurrency. Hardly I can found any person who knew about that. So it is better to start with those people who know about cryptocurrency. When they start using in daily other people automatically want to know what is it benefit of Graft

 How will the world of cryptocurrencies benefit from potentially being accepted at every PoS?  

• When we have pos which accept cryptocurrency then people use that currency in daily life. This increase the demand for the cryptocurrency. The demand for cryptocurrency makes a boon for cryptocurrency market.
• When Graft is widely accepted everywhere then people do not want to carry traditional cash or bank debit card /credit card because GRAFT has a lot of advantages over the normal banking system.

Wallet-

User also have mobile wallet facility which attracts users.

Launch-

 The project is geared to go live at the end of January, with open source beta available now in form of a TestNet and Point of Sale and Wallet mobile applications. GRAFT is working with leading payment  terminal providers in getting fast market adoption. 

Graft gives flexibility to buyers and sellers so there is wide adoption may exist after launching.

Content source-

• Some content were taken from - www.graft.network and some from contest post hosted by @originalworks.
• Image are taken form @originalworks contest post.

 This is an @OriginalWorks contest after all.

https://steemit.com/cryptocurrency/@originalworks/150-steem-all-languages-sponsored-writing-contest-graft

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