^{Source Graft}

Adoption of cryptocurrency

When I talk about crypto. with my family, friends (who don't know much about it: -D), there are often two reflections:

✴️The cryptocurrency, "but why do if no merchant accepts this payment method!",
✴️ I'd like to accept them,"I'd like to be a merchant, but that sounds really too complicated and what do I do with it after that?"

There are a certain number of elements that are a brake on the mass adoption of crypto today, such as scalability problems that can lead to slow transactions, transaction costs that are often high and make micro-payments impossible, the "difficulty" of buying them and even more so for altcoins, volatility...

Graft

I just wanted to say a word about the name chosen by this start-up and I love the analogy that is described in the white paper with the description of what is a grafting process in agriculture and the result that is generally to get from two species, a species with better qualities (more robust, more productive, more beautiful...).

It is a not-for-profit foundation and software is under an open source license, which are two characteristics that immediately appeal to me. It aims to launch a point-of-sale network that promises lower fees, faster processing and wider acceptance of crypto by using a debit card to process transactions in real time.
Graft thinks he has found a way to overcome these obstacles thanks to a secure network based on the Blockchain with the cryptonote protocol as for the Monero for example.

No need to worry about which currency is accepted by the merchant or from which customer would like to spend because Graft must give authorizations and allow real-time exchanges between fiat currencies and several cryptocurrencies with of course GRAFT but also ETH, BTC and altcoins...
No more need for muti-wallet, the merchant can transform everything into fiat, if he wants it where to keep different crypto and the customer can spend his coins more easily.

The Graft network

It works in a hybrid way with PoW and PoS with supernote, DAPI (decentralized API).

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A tesnet version is currently available and a mainnet mobile point of sale and wallet is expected to be available in the first quarter of 2018.

Roadmap

The ICO

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I hope my English is correct because I'm French. :-)
Christel.

For more information:
White paper
Github

Image source:
Graft

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graft2017

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Posted on Utopian.io - Rewarding Open Source Contributors

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