In a world where cryptocurrency is spreading its availability across the continents with its efforts to be as flexible and durable as possible, but it’s been limited in its acceptability across the world due to its inability to be as fast as using paper cash or plastic cards during the day-to-day transactions in both small and large businesses. It expensiveness and longer time response factor hinders it from being able to compete with the other means of payment. In lieu of this comes Slava Gomzin and Dan Itkis with the invention of a universal payment blockchain at the Crytpyocurrency rescue called GRAFT!
What is GRAFT?
Global Real-Time Authorizations and Funds Transfers (GRAFT) is a decentralized payment platform that has completed its ICO and now serves as a medium of payment for cryptocurrency users thereby allowing retail businesses both small and large merchants accepts and adopts the cryptocurrency payments platform for their day-to-day activities, giving them a more cheaper and secure means of payment than other centralized payment platforms giving the Cryto world an edge in competing with other methods of payments like cash or plastic cards.
Why GRAFT?
Looking forward into the future of Cryptocurrency, for it to reach its full potential and purpose, there is the need for general and massive acceptability of its Digimoney, in achieving this comes the need for Graft Network to be fully supported by the cryptocurrency users to enable it reach across the globe, making merchants see the need to adopt the Graft payment platform in their daily activities in order to expand their revenue opportunities at lower a cost and enabling them to satisfy their customers both locally and abroad and in turn, broadcasting the cryptocurrency awareness to both small and large retail businesses and merchants all over the world.
Furthermore, "Imagine a world in which crypto is everywhere at the point of sale – you accumulate different crypto assets through investment, work, playing games, charity, even exercising. You use these assets to purchase goods and services. The loyalty programs now all run on crypto. The interest rates are lower because of p2p lending through the network. Foreign transaction fees are all but forgotten and you don’t need to worry about exchanging fiat currencies ever.. Not only that, but anyone can start generating extra income by becoming part of the network perfoming authorizations, exchanges, or maintaining gateways." Sourced from Graft
With the GRAFT independent supernode server which uses the Proof of Work / Proof of Stake algorithm network, there is the ease of transaction between buyers and the sellers of the Graft blockchain via its real-time authorization processes thereby serving as instant exchange via its Graft Mobile POS Apps both on iOS and Android. Also, among it's many features and benefits is the Graft Cryto Finder, this enable users to find the various locations where cryptocurrencies are being accepted, allowing merchants to expand their horizon and also earn more in the competitive market.
GRAFT EASE OF ACCESS AND MAJOR ENTRY POINT IN THE MONEY MARKET
For cryptocurrency to be fully accepted by all business outlets both locally and internationally, there is the need for it to have the same features of acceptability with the plastic cards for easy accessibility, with the implementation of GRAFT, it has successfully been able to meet this standard with the integration of payment terminals on Verifone and Ingenico, and planning to integrate with more as time goes on, giving various existing merchants and retail stores the access to install the application on their payment terminals and begins the use of crypto as a method of payment, isn't that awesome!
Below is a demo showing how it can be used in a store:
If this is fully enhanced, i can just walk up to a store nearby even if am short on cash, and purchase what i need then make payments using my wallet and at a more lower cost than my credit card. How convenient!
Or better still, if i were to be a merchant dealer, and some of my customers happen to be cryptocurrency users and among major retailers, i happen to include GRAFT payment platform among my means of accepting payment for product being purchased, i stand to gain more grounds than my major competitor. and with the teams at GRAFT, even the customers i don't have before will come to my store to purchase items via the Graft Cryto Finder. So tell me why i won't personally want to invest in Cryptocurrency? if i happen not to have a wallet before, i will definitely get one now, invest in it and also encourage my customers to do the same.
According to GRAFT Whitepaper, it’s goal is to create a platform that finally allows for cryptographic payments to be widely accepted by mainstream merchants and consumers for the first time while respecting some of the fundamental principles of cryptocurrencies and cryptographic tokens.
With the concepts and features that the GRAFT network is integrating, i want to believe it will expand its users to over a million users before the end of the year, so i urge us all to invest and support the network in every way possible and invest in it because this seems to be one of a major breakthrough in achieving a Crypto filled world.
For more additional information and Resources, Visit:
GRAFT
GRAFT WHITEPAPER
GRAFT TWITTER
GRAFT FACEBOOK
GRAFT REDDIT
GRAFT YOUTUBE
GRAFT MEDIUM
All thanks to @originalworks for the opportunity to know and write about GRAFT, to know more about the contest, follow @originalwork or view OriginalWork Contest on GRAFT
https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-graft
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