GLOBAL REAL TIME AUTHORIZATION AND FUNDS TRANSFER

• INTRODUCTION
GRAFT : (Global real time authorization and funds transfer) is a fast rising block chain crypto currency with real time autorization system, ultimate security, high speed and reliability of transactions, open platform for service brokers, currency exchange. That can enable crypto currency at evrry point of sale
Crypto currency has been elivated to another level where by cryto currency can buy goods without cash or debit/credit card.
With the help of graft wallet and your mobile phone. Goods can be bought and sold, transactions can be made from any where in the world with lower transaction fees, tight privacy control, low rate on credit balances, zero crime and fraudity, customer rewards and easy use.

App link

DOWNLOAD GRAFT ANDROID APP

DOWNLOAF GRAFT IOS APP

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• BENEFIT OF GRAFT
I would be explaining some reasons why the world needs GRAFT
. Crypto currency has affected the world positively in the sense that a student can mine bitcoin i.e invest with crypto with his pocket money after saving for a while, there could be contest that can enable people to showcase their creativity and earn bountifully from it through steemit, the few i have mentioned has been so smooth ever since they were began. One would not have to travel a long way for GRAFT WRITING CONTEST , it could be done from home with the help of a crypto current,an online application called steemit. What if i traveled to another country and i was out of cash, but i had bitcoin and i was really in need of something to eat, I would have to go to the bank but wouldn't man eat. Bitcoin has to be converted to local currency before it can be used to order for goods. What would man do?
All that is required is your phone and a graft wallet. When it comes to shopping graft is a good idea because you wouldn't have to worry about change because you decide the valu to be sent from your phone.
Sometimes i wonder if there is any better way of transferring money from one continent to another without the use on crypto currencies. The stress of receiving money from abroad is much the money can remain in western union for days wich would only slow business down and make mam more hungry. But with graft your money can be sent to any where in the world in seconds all you need is a Graft wallet for the sender and the receiver.
GRAFT is advisable for merchants that have problem with change, robbery and customers. with the help of Graft a customer can easily pay for his goods with is mobile phone and a merchant with Graft payment network verifone that enables payment with the use of RQ code scanning. The graft payment device has two terminals, one phase for the buyer and the other for the merchant. The merchant enters the amount to be played by the customer, the customer then opens his graft wallet and pay by scaning the RQ code with graft wallet .

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Graft enables the ability of merchant and customers to have the availability to pay with and sell for any form of payment. The impact for merchant and customers to have the availability to pay with and sell with any form of payment is the future, it will increase the flexibility of businesses internationally and support both small scale and large scale businesses, because the rate at which transactions are made will be increased, businesses that deals with the buying of raw materials wouldn't have much problem as they used to because the fees for transaction is being reduced, and the time required for atransaction is also reduced with the use of graft.

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• OBJECTIVES OF GRAFT
Can you imagine graft changing the way people intaract with crypto ? . Alot of people do not see crypto currency as something supportive to them, this could be due to wrong information or lack of efficient crypto wallet like Graft. In some crypto currency wallet the lowest amount of money that can be used to buy the smallest amount of bitcoin is 200$ tho has really discouraged alot of people from using crypto wallet.
Graft is mote suitable for use because it is easier to handle, it is more secure than carrying cash. Crypto is digital, it cannot be damaged or misplace but most people still do not want to migrate because they have not been exposed to the amazing features of graft. As time goes on graft would become available at every point of sale.
Imagine if every place of work and company has as a graft account for ordering for raw materials and tool for operation, there would be lesser amount of money spent on transaction process and there would be little required for the process. Every company has its own benefit to the society, every place of work has certain amount of income. Part of this income could be invested in crypto. If a company make use of crypto currency to pay part of workers bonous due to the fact that it would be an upgrade for people to have a dent account, i think more people would be interested in crypto that way.
In a matter of time Graft would be available in most pos, as time goes people would learn the benefits of this crypto block chain, they will be successful in making people realise the importance or crypto that has a great level of DAPI ,(Decentralised Application Programming Language Interphase). The DAPI is operated with the use of super node, as the word implies, it enables more than an individual to run GRAFT . There would be alot of merchants as long as they are ready for sale and have Graft point of sale app.
In a matter of time Graft crypto would be able to receive any currency to buy crypto, because buying and selling is something every one on earth does. Most crypto currencies are not able to receive cash, for example EO coins can only be bought with crypto currencies.

• ADVANTAGES OF GRAFT OVER OTHER CRYPTO CURRENCIES
I have observe ed that bitcoin has been a good block chain, but it can't be used for the purchase of goods, there have even been bills in order to squire a fast confirmation due to the fact that they haven't been able to process essential transactions or probably they have a loy of customers causing more traffic than they can handle which has not been fair to customers.
Some merchant will make their first crypto currency with the help of graft, because of how supportive they have been, the enable a quick transaction and realtime authorisation which is free of charges.
Bitcoin or any other block chain i know except cotton coin can't asist merchant in finding customers. Some merchants have been in the business for a long time and have been unable to aquire coustomers even after trying to buy ads with facebook or google, it has been so unfair. But when customers search for goods that are available with graft it would be easier for merchants to gain more customers.
GRAFT has a multifactor authentication with biometrics. This is the highest security for crypto which i have seen

Graft gives user will be given special attention to avoid the misplaced face, palm, iris and hardware token device
can be used as factors to verifying users ID identity. So even if a Graft customer's phone is stolen his GRAFT wallet cannot be accessed .

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• FEATURES OF GRAFT

Decentralized Crowdfunded Credit Cards
if one good feature of GRAFT
A decentralized crowdfunded credit card ecosystem consists of credit
consumers (cardholders, buyers), credit providers, identity providers,
and merchants (sellers). It enables communication between two parties

Availability:

The distributed network of “always-on” supernodes ensures overall
availability of the network. The client apps communicate with multiple
supernodes simultaneously in order to get the consensus required for
authorization.

Identification, Authentication, and Authorization:

The authentication/authorization methods of existing cryptocurrencies
have been in the purview of the user application such as wallet, and
have largely been an afterthought.

Identity Proofing:

GRAFT expects the client applications to comply with identity
verification standards relevant to the specific laws of each jurisdiction’s
laws. Supernodes will provide resources for machine-based identity
verification and fraud detection to assist merchants (and users) with
compliance, ensure integrity of the payment network, and safety of the
transactions. In order to limit user’s exposure when sharing their
complete identity information is undesirable or counter to the regulatory
laws (GDPR for example), GRAFT will facilitate requests for and sharing
of the identity attributes, such as the person’s age and address, to
ensure compliance with local laws and regulations. We’re also looking to
add more metadata collection to the attribute sharing to enable
auxiliary business logic such as drug interaction checks or loyalty
rewards.

Reputation Score: Illuminate the Darkness:

The reputation score system helps participants in the ecosystem make
informed decisions without compromising their security and privacy. For
example, a merchant can take into account the buyer’s reputation score
when making decisions regarding authorization limits before instant
authorization. Similarly, the buyer can review the merchant’s reputation
score before making payment for any goods that cannot be delivered
immediately. Both buyers and merchants can check the reputation score
of the network supernode they communicate with.

Volatility:

Most merchants want to get paid in their local currency. Merchants use
fiat currency, not Bitcoins, other cryptocurrencies, or cryptographic
tokens, to replenish stock, pay their bills, and pay employees’ salaries.
Also, they may use fiat to pay refunds in case of returns. Most merchants
cannot afford high volatility, especially small merchants. GRAFT resolved
the volatility problem by using instant, real-time transaction settlement,
which minimizes possible loss of value due to volatility. The merchant’s
payment app can automatically adjust the transaction amount to the
current exchange rate, and redeem it to local currency through online
exchange right after transaction completion

Privacy :

Oftentimes, there is a misperception of the need for privacy. In reality,
a majority of legitimate buyers don’t mind disclosing their identity to
the merchant, especially, if they benefit from such disclosure, or if such
disclosure is necessary to process a transaction. Similarly, buyers want to
make sure that the merchant they send payment to is the intended
recipient, and not an impersonator. What neither merchant nor buyer
want is anyone else’s ability to recognize their identities and see all the
details of their transactions by scanning the publicly accessible
blockchain.
Privacy is a delicate subject for cryptocurrencies and the payment
industry in general. Privacy demands a range from complete anonymity
to complete transparency, as decided by both the seller and the buyer.
The seller for example may have regulatory compliance requirements to
collect and verify certain identity data, such as age for liquor or
cigarette purchases, or zip codes for online merchant’s tax calculations.
The buyer, on the other hand, may or may not agree to disclose all or
some of the attributes of their identity and should be in a position to do
so. If the seller and the buyer can agree on the identity attributes to be
shared, the transaction can proceed. Furthermore, there’s a
requirement to establish an identity attribute’s authenticity by the
merchant in lots of cases.
• DEVELOPERS

• For more info

GRAFT
GRAFT white paper
Graft tweeter
Graft facebook
Graft btc talk
Graft reddit
Graft YouTube
Graft medium

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Watch a video of summary explanation

Tweeter link

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