Nupay: A Decentralized Payment Ecosystem

in blockchain •  6 years ago 

Crypto currency has evolved over the past decade, and 10 years on adoption and utilization of crypto currency as been at large. Still few problems persists and thats regarding crypto currency payments between a user and a purchaser. Most problems lies with getting a partner to do business with or find a perfect systematic connection. So for crypto currency payment to be fast, easy, reliable and with little duress. Nupay is the Platform for you and me.

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What is NUPay?

NUPay is a simple payment platform through which users can use crypto currencies, vouchers and reward points. In addition to supporting the use of TPCT tokens, NUPay will also support other crypto currencies such as BTC, ETH, and XRP so that they can be readily available for usage. NUPay for simple stores will be another installment system for money related exchanges, and moreover, offers them a partnership.

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The Nupay platform comprises of 4 merchants (The Nupay blockchain and payment platform, the merchant, the user, Nupay scan) and finally Nupay service prototype.

  • Nupay Payment Platform: This is the payment service which the platform users will use to pay for goods and services too. Supported crypto currency will be Bitcoin (btc), Etherum (eth) and Ripple (xrp) and users can also use vouchers and reward points for payment of services.

  • Nupay Blockchain: Just as the purpose of crypto currency, the nupay blockchain stores all payment transactions history in a master node; keeping both the merchants and users all safe, secured too. The Nupay also facilitates and carry out transactions faster, and quicker than existing methods.

  • Merchants and Users of Nupay Platform: Merchants link up to the nupay platform through POS devices they use. And merchants also get rewards from transactions with users;

Meanwhile, Users of nupay platform gets 2% of each transaction values in utility tokens (TPCT Tokens).

  • Nupay Scan: Every verified transaction, smart contracts e.t.c can be searched using Nupay scan. And also monitors every transaction and information’s on the nupay blockchain.

  • Nupay Prototype: This is just to inform you that nupay provides an optimized web payment service compatible for mobile phones and laptops. Mobile applications will also be launched. With that in view, users and merchants can also expect Nupay physical card.

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The NUPay Project will work together with other blockchain-based businesses to further improve the mode of payments around in crypto currency and also extend the synergic effects of connected blockchain communities.

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For further information about the Nupay platform, benefits and exactly how it works, you can read more from the links below:

Website: http://nupaymentalliance.com

ANN Thread: https://bitcointalk.org/index.php?topic=5097440.0

Whitepaper: https://drive.google.com/open?id=1IWmloc3usQtF2hEEe1t6MHWWpv2-0ox1

ICO Website: http://tpct.io/

Telegram: https://t.me/NUPay_English_Comm

Medium: https://medium.com/nupay

Author
ifemini

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