Introducing R Token
Rpay and Rpay Mall are backed by R Token, a blockchain based cryptocurrency designed to deliver blazing fast, secure and near-zero cost payments to anyone in the world. It is designed to overcome well-known inefficiencies within government central banks and other cryptocurrencies. R Token is developed with a believe that everyone should be able to initiate transactions that are fully secure, private and anonymous. R Token contains proven innovations that other Tokens have not been able to develop and incorporate. Segregated Witness, Lightning Network, Smart Contracts and Cloud Mining are here for you.
How R Token is different:
R Token opens up new horizons of opportunities that have not been provided before by any payment system. Technological innovations of R Token deliver improved scalability, manufacturability, and transparency as well as your privacy and security.
Smart Contracts:
Smart Contract is an electronic algorithm that describes a set of conditions, the implementation of which entails real life events known to everyone. Where there used to be accountants and lawyers today there is a huge amount of opportunities to use a Blockchain-based mechanism. This is a very powerful feature indeed capable to evolve many traditional contracts into a cryptographic solution providing users with protection and reliability.
Pay though R Token:
Goods and services are bought and sold on Rpay Mall using R Token, a digital cryptocurrency that is decentralized and censorship-resistant. Transaction fees on the R Token network are economical. Rpay, R Token, and Rpay Mall together make online commerce economical and freer than ever before.
Right now, online commerce means using centralized services. eBay, Amazon, Alibaba, and others have restrictive policies and charge fees for listing and selling goods. They only acceptable forms of payment that cost both buyers and sellers money, such as credit cards of Rpaypal/Alipay. They require personal information, which can lead to it being stolen or even sold to others for advertising or worse. Buyers and sellers aren’t always free to exchange goods and services with each other, as companies and governments censor entire categories of trade.
Possibilities at Rpay Mall:
On Rpay Mall one can
• Create an online store for users to sell goods for R Token
• Connect these stores directly to each other on a global network
• Users can browse individual stores and search for products across the whole network
• A buyer directly connects and purchases the good from the merchant using Bitcoin
• R Token payments can be made via escrow to protect merchants and buyers during trade
Rpay Mall will enable
• An online marketplace that is:
• Scalable to millions of stores
• Free of intermediaries and their fees
• Without a central point of control or failure
• Frictionless trade
With Rpay Mall the world will be free from the following problems-
Hosting an online store
• Easy to deploy
• Install and run
Fees
• Eliminates fees related to listing on a platform
• Significantly reduces payment fees via Bitcoin (i.e. fractions of a cent)
Dispute resolution + Creates a market for dispute resolution
Rpay Mall will provide the whole ecosystem to support your store. It will have integrated crypto wallets; the user doesn’t need to know what cryptocurrency or R Token is to start using it. Rpay has built-in currency (R Token) to enable huge internal bandwidth, no transaction fees and much more.