PayAccept
a single integrated platform for crypto and fiat assets.
PayAccept is an amazing endeavor! we consistently hear amazing news from this project. I am very happy to join such an enthusiastic business! In 2008, Bitcoin became the first peer-to-peer electronic cash system that allowed online payments without the need for institutions. The technology underlying Bitcoin is blockchain, a decentralized, distributed and public ledger that records all network transactions. Since then, various projects utilizing blockchain technology have emerged. Ethereum, for example, is a decentralized computer world. This allows every developer in the world to run code on it with a guarantee that it will run, and that the code is proof of censorship. So that the blockchain network can be executed properly, incentives already exist and internal currencies are used. This currency is referred to as cryptocurrency. On top of that network, entrepreneurs use blockchain technology to build decentralized applications. Lockchains will redesign the way we exchange values similar to the way in which the internet radically changes the way we exchange data. At present, Blockchain technology is largely focused on handling payments. However, almost immediately everything can be digitized and transferred online. In the future, someone will be able to trade home ownership as easily as sending money from one person to another. Many entities need to have cryptocurrency to take advantage of what Blockchain technology has to offer. However, securing and managing these crypto assets can be very difficult, with errors often becomes terminal. Unfortunately, the tools currently on the market are designed for individuals or developers who understand technically, it is still quite difficult for companies and businesses to manage their cryptocurrency efficiently and safely. At PayAccept, we want to ease this pain by adding an interface layer to make blockchain technology more easily accessible, helps companies manage cryptoassets efficiently, and is the only product that companies need to carry out crypto activities.
Ecosystem Crypto
The cryptocurrency ecosystem is growing rapidly in technical and fundamental terms. The main $ 20,000 Bitcoin rally price in 2017 attracted traders, investors and speculators, as well as many developers from around the world who are now shaping the economy of the future. Since 2017 more than 1000 companies have organized ICOs, increasing billions to provide blockchain-based technology solutions to the world. The majority of entities that hold cryptocurrency today are traders, exchanges, investors, crypto funds, miners, and cryptocurrency-based projects. We believe that most companies need to have cryptocurrency as an alternative form of currency in the near future. The potential market was glimpsed by the world during the end of 2017 when the Blockchain market capitalization reached nearly $ 800B. Not many of the thousands of ICO companies have survived the last two and a half years of the strong crypto bear market and global economic recession. We at PayAccept will be targeting the strongest and proven projects for invitations to the PayAccept platform. At present, thousands of smart contracts (independent contracts executed on Blockchain) have been used on Ethereum Blockchain, which secures Ethereum worth more than 2.1M ($ 420M). Companies that use Ethereum provide PayAccept with a large potential user base to provide easy access to the PayAccept web wallet. We at PayAccept will enter a market worth more than $ 250 billion to give newcomers a full wallet management ecosystem for their cryptocurrency ownership and a new ecosystem for old and established blockchain-based projects.
Vision and mission
More and more banks are stepping into digital finance and blockchain technology. However, one must provide a way to manage all assets in the blockchain industry through an easy-to-use interface where anyone in the world, even those without bank accounts, can have 24/7 access to their assets and digital financial services. PayAccept will act as a bridge between the world of traditional finance and disruptive new blockchain technology. We expect mass adoption of PayAccept by 2025. PayAccept will become an Electronic Money Institution to intensify its pursuit of mass adoption. Through this, PayAccept can successfully connect itself to the Blockchain economy which is currently more than $ 250 billion and bridges with traditional financial markets. From a business perspective, we want to connect all world organizations to digital banking supported by Blockchain technology using the PayAccept mobile application that is easy to connect and easy to use and physical Point of Sale (PoS) devices that can be connected by businesses around the world. to and process credit card and cryptocurrency payments.
PayAccept functionality
- Trade fiat and cryptocurrency through one interface: The PayAccept network allows customers to freely exchange assets without worrying about these denominations. Payers and recipients of any transaction can choose their chosen assets, so customers can pay in Bitcoin to individuals who ask for Euros.
- Link bank accounts: PayAccept users can link up to 3 bank accounts to their PayAccept Wallet.
- Analytic tools: Users can receive insights about spending and using their assets through smart analysis tools.
- Fund ownership: Users maintain access to their wallet, Private Keys and all funds are stored using the cold storage methodology.
- Alerts: Notifications for all incoming and outgoing transactions.
- Mobile PoS: Users can use the PayAccept application to become their own Point-of-Sale or Pay-of-Sale and unlock new revenue streams while on the go.
- Extensive payment options: Users can handle their payments in more than one thousand different cryptocurrency and convert it to one. Any bill can be paid in any currency, crypto, or fiat through the PayAccept application. Need to convert gift cards or refill cards directly into fiat or cryptocurrency? We help you.
- Combined business accounts: PayAccept users can activate virtual shared multi-asset accounts for business purposes and enjoy the security, transparency and powerlessness that Blockchain technology offers.
- Global availability: PayAccept users can receive cryptocurrency payments from around the world
- Easy setup for business: PayAccept provides payment buttons, hosted checkout, and an invoice that can be embedded for your website. PayAccept also works with many plugins and integrations.
- Light and dark mode: Automatically adjusts the dark and dark mode interface.
- Price volatility shield: PayAccept protects you from price volatility in Bitcoin and other cryptocurrency. You get every dollar or euro of what you set, minus 1%.
- Secured loans (DeFi function): One of our main points for rapid growth is receiving non-cash capital immobilization payments. As a payment processor, PayAccept will have an advantage over banks because we collect information directly about expecting incoming payments. Our AI platform will facilitate if a business can have a loan and be able to repay it. This provides PayAccept a healthy income where maximum profit can be generated across the entire PayAccept platform.
- Building an agent network: In developing countries where infrastructure is not fully built (such as Africa and South America), we will offer retailers the ability to become agents for PayAccept to handle deposits and withdrawals. Each agent can open an account to facilitate this process.
- Payment card: PayAccept will issue a payment card that can be used to pay at a store or withdraw funds from most ATMs around the world when cash is needed.
the features
The most important features of the platform are as follows:
Bank Link: Connect up to 3 banks and their accounts Automatically: Current transactions and balances Spending: Smart way to see your latest expenses Insights: See daily averages and monthly incoming and outgoing Quick: Open directly to spend information Notification: Get notified with incoming and outgoing transactions. Mode Dark: Automatically adjusts to brightnessCold storage: We store your cryptocurrency in a safe 'offline' way Private key: You are in control and have your wallet key
Roadmap
Please remember that if a soft cap is not achieved, we will not become an EMI, but only provide digital wallet services, without fiat gateways, and other financial instruments.
July 2020 ICO / IEO tokensale (extendable)
August 2020 Prepare EMI license with legal advisor (softcap only)
August 2020 Purchase of an existing bank (hardcap only)
September 2020 The official launch of the wallet on the PayAccept website
September 2020 Pre-registration for PayAccept Card (Visa / Mastercard)
September 2020 Connects with third party exchanges for asset trading
September 2020 Start integration with other financial institutions and banks
October 2020 Launch of mobile wallet on iOS and Android
October 2020 Launch your own digital asset network with PayNodes
October 2020 Deploys the first terminal and payment card for end users
October 2020 PayAccept Integration with big traders
October 2020 Expanding with a minimum of 20 financial and digital assets (softcap)
November 2020 Series A seed investment round
December 2020 Launch of Loans and DeFi Loans
December 2020 Further expansion worldwide and services such as Insurance
Note: The months above may change, because for some services a license is required, and this can take longer than expected. However, this is an estimated global time that will be used to take the next step.
Teams, partners and advisors
Christiaan van Steenbergen | Pendiri & CEO
Entrepreneurs Series from 2003 in the telecommunications, fintech, software development, and investment industries. More than 15 companies were founded and one of the founders of NEXT.exchange and the main developer of NEXT blockchain.
Gleb Jout | Co-Founder & CSO
Entrepreneurs with a strong business background and a proven track record in management, communication, strategy and leading diverse teams. Co-founder of NEXT.exchange.
For more information please click the link below:
Website: https://www.payaccept.net/Telegram: https://t.me/payacceptBounty Telegram: https://t.me/PayAcceptBountyBitcointalk: https://bitcointalk.org/index.php?topic=5255787.0Twitter: https://twitter.com/payacceptFacebook: https://www.facebook.com/payaccept.net/
Username: moqusul
Link: https://bitcointalk.org/index.php?action=profile;u=2651670
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