DIMPAY global payment system that is built on the NEM blockchain invest for tomorrow to day
From the beginning, humans have been trying to simplify the process of exchange of goods and services. Initially, mankind is ordinary
engage in warfare to access goods and services that are not available. In addition to warfare, barter is a form
the most basic payments and lay the foundation for other payment methods. The evolution of payments continues.As the payment system evolved into a financial technology giant
(fintech) that we know and understand now, a need for financial institutions that are trusted as a third party which is trusted to process electronic parties also appear. Introduction of more players in the system
payment resulted in the whole system united by the idea of trust. Humanity must trust
financial institutions that facilitate their finances. The global financial crisis of 2008 proves that the notion of trust is very fragile. People like Satoshi Nakamoto
realized that "what is needed is an electronic payment system based on cryptographic evidence and not trust, which is
allows two interconnected parties to transact directly with each other without the need for a third party
'trusted'. Such needs not only lead to Bitcoin but also a technology called blockchain. Blockchain is
a decentralized ledger system that eliminates third parties and has enhanced security with cryptography.
Transactions performed on blockchain are peer-to-peer (P2P), unchanged and irreversible. Blockchain is also a
technology underlying DIMPAY. DIMPAY is a global payment system built on XEM blockchain. Use of blockchain technology
making platforms cheaper, instantaneous, transparent and eliminating third parties. This platform is designed for
peer-to-peer transactions, business-to-business, consumer-to-business and business-to-consumer. DIMPAY is
an integral part of the DIM Ecosystem and consists of DEPOTWALLET, mobile DEPOTWALLET and DIM Debit Card.
DEPOTWALLET allows users to purchase, sell, hold and manage crypto and critically-sanctioned assets.
The DIM Debit Card will allow consumers to make ecommerce purchases and walk-ins in stores
traders. DEPOTWALLET Business Account will allow merchants to generate invoices, track inventory,
make payments and more. DIMPAY will simplify cashless transactions for consumers and merchants.
However, the payment system is not only for consumers and merchants; This has the potential to become a financial solution for 2
billion adults who do not have bank accounts around the world.
DIMPAY is a fast, cheap and fully secure global payment system. DIMPAY is part of
The DIM ecosystem and built on the XEM Protocol. DIMPAY aims to disrupt traditional payment systems
peer-to-peer (P2P), business to business (B2B), business-to-consumer (B2C) and consumer-to-business (C2B) with
offering low cost, transparency, transactions instantaneously and a decentralized platform. Use of DIMPAY
will eliminate a lot of payment errors that occurred in brick and mortar traders. This will be achieved
by scanning the Quick Response (QR) code from their mobile device instead of using the cashier. QR Code
is a two-dimensional code that "was created as the progress of a common barcode". QR code will be the basis for P2P, B2B and B2C experience using DIMPAY. Use of QR code
will eliminate the needs of many participants such as cashiers in the payment process. Removal of many participants
will lead to lower costs and increased efficiency and savings for consumers and traders. DIMPAY consists of DEPOTWALLET, mobile DEPOTWALLET and DIM Debit Cards. The three applications are mutual
related and complementary functions.
The purpose of DIMPAY is to:
- Facilitate cashless transactions between consumers and merchants.
2.Secure the value of DIM Currencies through promoting the use of DIMPAY and the DIM Ecosystem
3.Promote cross-border trading.
Keep an account of export records for merchants easier for them to save time and
reduce costs.Provide financial services to unauthenticated communities through DEPOTWALLET.
Will go to for merchants and consumers to carry out daily activities.
Promote the use of DIMCOIN and DIM Currency.
Secure the value of the basic DIM of the ecosystem
Why use DIMPAY?
using blockchain to cryptonize payment processes that are familiar to consumers and merchants.
Process familiar payment for consumers involves paying for items using local fiat currency,
Local currency makes their accounting easier to manage.
the payment process becomes more easily made possible through the use of DIM Currencies
The DIM currency protects consumers and traders from price volatility and they also simplify
What is the DIMPAY?
DIMPAY is a global payment system that is part of the DIM Ecosystem and it is built on the NEM blockchain.
How is DIMPAY structured?
DIMPAY is comprised of DEPOTWALLET, mobile DEPOTWALLET and the DIM Debit Card.
What is DEPOTWALLET?
DEPOTWALLET is a web app blockchain based wallet that permits users to buy, sell, hold and manage various cryptocurrencies together with cryptonized assets.
What is the mobile DEPOTWALLET?
Mobile DEPOTWALLET is a mobile app version of DEPOTWALLET. In addition to the
feautures of DEPOTWALLET, it will have a Private Account and Merchant Account.
What is the difference between Private and Merchant Account?
A Private Account gives the user full control of the DEPOTWALLET account. Users will be able to make purchases at shops and manage cryptonized assets and cryptocurrencies. A Merchant Account is for merchants to receive funds from purchases and keep track of inventory and transactions.
What happens when consumers and merchants have a dispute?
Consumers and merchants can enter into Dispute Resolution Dialogue (DRD), a two-way private chat between the parties to resolve the issue. If no resolution is found, they can enter the Dispute Resolution Negotiations, a three-way dialogue where the DIM Ambassador from that region acts as the arbitrator. More details can be found on the DIMPAY whitepaper.
What is the DIM Debit Card?
The DIM Debit Card is connected to DEPOTWALLET and mobile DEPOTWALLET. Debit Card holders will be able to make point of sale purchases as well as e-commerce shopping.
Why use DIMPAY
Blockchain technology
DIMPAY uses blockchain to cryptonize
the payment process, which is familiar to
both consumers and merchants.
The recognizable payment process for
consumers involves paying for an item
using the equivalent of the local fiat
currency, such as the DIM Euro or
DIM Indian Rupee
Cashless transaction
DIMPAY intends to
cryptonize and digitize
payment process in
order to facilitate cashless
transactions.
ICO Details
Purchase
DIMCOIN
Pre-ICO Dates:
4 December (12:00 CET) – 6 December (23:59 CET) 2017.
ICO Dates:
7 December (00:00 CET) – 18 December (23:59 CET) 2017.
Type of Offer:
Initial Coin Offering
Maximum ICO Target:
1500 BTC
Bonuses Available:
25% (35% for using XEM) 4 – 6 December 2017
10% (20% for using XEM) 7 – 12 December 2017
5% (15% for using XEM) 13 – 18 December 2017
Minimum Purchase Per Person:
1 DIMCOIN
Maximum Purchase Per Person:
None
Use of Generated Funds:
Development of DEPOTWALLET, Development of Mobile DEPOTWALLET App & Implementation of DIM Debit Card
Accepted Cryptocurrencies:
Bitcoin (BTC), Ethereum (ETH), NEM (XEM)
Roadmap
The benefits of DIMPAY are:
Consumers will spend less time queuing in stores because they will be able to shop within
the comfort of their home through e-commerce
Users of DIM Ecosystem will be affected by DIMPAY
It will be possible to engage in everyday transactions such as splitting bills, sending and
receive cryptocurrencies etc.
No charges are charged when disbursed at ATM from DIMPAY (Bank ATM charges will apply accordingly
with each bank)
the holder of DIM TOKEN can advise and vote on the future direction of DIMPAY
- 50 holders of DIM TOKEN will receive a share of the 30% net fee earned through DIMPAY
according to the proportion of the DIM tokens they hold.
For more info please contact this address
https://www.dimpay.io/
https://twitter.com/DIMPAY_ICO
https://www.facebook.com/DIMPAYICO/
https://bitcointalk.org/index.php?topic=2491014.new#new
Bonuses
Investors and Partners
OUR TEAM
Leading Team
Our experienced leading team lend their understanding and ability in technology,
financial services and compliance to developing and maintaining DIMPAY.
Leading Advisory Team
Our Board of Leading Advisors lend their deep
experience in finance, policy and regulation in advising DIMPAY.
Team
Our experienced team lend their understanding and ability in technology,
financial services and compliance to developing and maintaining DIMPAY.
GOOD LUCK 💕
Author
Username bitcointalk, karsipan
Profile Link bitcointalk, https://bitcointalk.org/index.php?action=profile;u=1132868
ETH 0xfa44a540275467f23d1a580332fa5628ec018bab
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