OTPPAY – PAYMENT HAVE NEVER BEEN THIS EASY AND THIS FAST
Nowaday, millions of currency transactions happened around the world as we speak. But the system of transferring currency across the globe is still working ineffectively. For examble, it take a long time for us to send money from the US to the others account in different countries. So upgrading the system is a necessary thing to do. Other than slow multinational transfer rates, the old system have a lot more problems like high transaction fees and poor security of information. But things are now different with the help of OTPPAY.
WHAT IS OTPPAY ? WHAT MAKES OTPPAY UNIQUE FROM OTHER CRYPTOBANKS ?
OTPPAY is a one of a kind payment platform, where you can directly use you cryptocurrency to pay the vendors or merchants instantly. OTPPAY is a platform that intergrates blockchain technologies for the purpose of global transactions in its own local currency. For a simplier meaning, OTPPAY is a mobile blockchain powered wallet that help you to store, buy, sell, exchange and pay by using its own token, OTP. OTPPAY will bridge the gap between cryptocurrency and fiat currency. OTPPAY wants to create an crypto exchange platform in which exchanging of cryptocurrency to fiat currency will become easier. This open a new way for people to exchange and pay by cryptocurrency.
When you make a transaction, OTPPAY automatically open a payment channel. Then go in your cryptocurrency. At this point, OTPPAY’s AI and ML kriptocurrency exchange will determine the value of that cryptocurrency and convert it into OTP tokens. And from those OTP tokens, use can use that for many purpose such as exchanging them into fiat currency, buying and selling products, paying for commercial contracts or just simply transferring money with a faster approval transaction. OTPPAY also simplify the buying and selling process by giving us an option whether we want to sync our bank account, use our debit or credit card. OTPPAY’s goal is to replace the role of banks, and provide a faster and safer way of transferring and exchanging your money.
Beside being a wallet, OTPPAY also have a loan option – the option for those who in need of a quick cash. You can lend up to 5 time your monthly total sales. And to lend cryptococcus from OTPPAY, you need to have a good Crypto Credit Rating (CCR), based on your transactions, feedback from clients and other conditions.
The security system is designed to combine both traditional fiat currency security standards and latest blockchain technology, so you don’t have to worry about the integrity of the system. And with crypto predictive analytics and negative database, OTPPAY can track down and create a list of suspicious transactions and have the ability to block the transactions in the future.
TOKEN DETAILS
Token Symbol: OTP
Token Type : ERC20
Token Allocation: 1.000.000.000 (1 Billion)ICO
Token Supply: 600.000.000 (600 million)
Pre-ICO Price: 1 OTP = 0.0000625 ETH
ICO’s Round 1 & 2 Price: 1 OTP = 0.000125 ETH
Soft Cap: 1.250 ETH
Hard Cap: 71.250 ETH
Platform : Ethereum
Accept : ETH
Whitelist/KYC: KYC
DEVELOPMENT TEAM
Their development team consist of the best people from all over India. They all have years of experienced in the field of software development, finance, marketing, and design.
+ Lalith Babu – Founder and CEO of OTPPAY. Graduated form University of South Wales. He founded OTP currency in 2010 and he has been focused on global investment ever since.
+ Vijayakumar Rajan – Chief Technology Officer of OTPPAY. With 10 years of experienced in position of Technical Project Manager. He previously worked for numerous institutions.
And many more brilliant minds like Aravind Rajagopal – UI Developer; Vengatesan Murali – Blockchain Developer; Sangeetha Selvaraj and Manjuladevi Jeganathan – Nodejs Developer, Akriti Dhar – Smart Contract Developer, …
In addition to all of the members from the team, we also seek the advice from our team of advisers, some are well-known such as Vladimir Nikitin – OTPPAY Lead Adviser. He is one of the top level of professional in legal consulting, and he has helped to bring many knowledge to the table.
With a dedicated team like this, there is no doubt that this project is gonna be great.
+ OTPPAY’s main team
+ Advisors
CONCLUSION
This is an very interested project. Their team consists of talented and brilliant people that put all of their minds and hearts to make this project to work. I really like this idea. OTPPAY bring to us a fast and simple way to exchange cryptocurrency into fiat currency, by going through a middle token called OTP token. With blockchain technologies and smart contract, combine with their AI (Artificial Intelligence), OTPPAY will automatically exchange crytocurrency to OTP token in the exact rate, then you can use your OTP to pay the vendors or merchants, or convert them to fiat currency such as USDollar to pay, to buy or sell tokens. You can also easily send and receive your money to your friends by “simply swap” it in the app on your mobile phone by scanning QR code of using NFC.
As you can see, with OTPPAY everything will be easier. OTPPAY is a project with a potential of revolutionizing the present industry. There are still a lot of competition and disruption that try to push back the platform, but the solution that OTPPAY have offered can change the way people think and how people use cryptocurrency. Due to the solid team and ideas behind this project there's no reason to believe that OTPPAY can not become one of the biggest platform that we need.
FOR MORE INFORMATION, PLEASE VISIT
Website: https://otppay.io/#
Whitepaper: https://otppay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
Twitter: https://twitter.com/otppay
Facebook: https://twitter.com/otppay
Telegram: https://t.me/otppaychat
AUTHOR
Bitcointalk Username: Donmase
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1236591