GRAFT: Revolutionizing the blockchain payment system

akpomedaye (43)in #graphics • 6 years ago

My entry to @mediaworks for the graphic contest: GRAFT.

INTRODUCTION

Commercial activities in recent times have experienced an outstanding evolution but there is still the need for a more stable , reliable , secure and trusted trade platform which would ensure maximum customers' satisfaction and top notch services.

Not too long ago, when the making purchases and other kinds of payments shifted from the coins and paper notes to the electronic payment system (all thanks to computers). This kind of system ensured relatively faster to and the cherry on top was the convenience that came with it. People could trade and make payments from the comfort of their homes without breaking a sweater. However, the system was was lacking!
• it was not secure enough and any good computer user gets access to card details or vital bank information could wipe you clean.
• the transactions were not private enough.
• Counterfeiting of currency was a major deal breaker.

With these problems facing the commercial world, blockchain was introduced. The blockchain: a decentralized economy that provided users with digital currency which was devoid of counterfeit; total control over accounts by providing a digital key known to the account holder alone an more importantly, a commercial structure that not central authority could manipulate the rates and prices. But like its predecessor, it had some issues to contend with.

• the speed of transaction was slower and users would have to wait for several minutes or hours to confirm a particular transaction
• the platforms did not support non-decentralized transactions.
• scalability
• volatility
• flexibility

There had to be a solution sooner rather than later and GRAFT figured why not sooner.

WHAT IS GRAFT?

In the words of the ancient one in the Marvel movie Dr. Strange: "forget everything you know". Graft is not the agriculture process of vegetation but a decentralized payment processor on the blockchain platform that offers it's participants privacy in transactions; real time authorization of transactions (no more long waits); a flexible wallet application that allows for multiple cryptocurrencies interconnection and loads of rewards and incentives for their users.

Her is my graphic design for the contest

Graphic 1: LOGO

The logo depicts the basic services rendered by the Graft chain. The benefits of using the blockchain is what was ticked on the design. The transactions confirmation will no longer take too long with the super node always online and so on. The caption at the bottom page is exactly what Graft truly is: a decentralized payment processing platform.

Graphic 2: VCHAIN

The design shows the wallets of different cryptographic currencies interconnecting . This is one of the features of Graft. Whether it is the Bitcoin or Ethereum or Litecoin or Cardano, transactions are still possible.