PrepayWay Solution to Boost Global Trading Ecosystem: A Review of PrepayWay Platform

Abstract

The global e-commerce industry and financial industry have experienced tremendous developments recently as a result of several technological advancements that is going on in several sectors of the world .Likewise, we have also noticed that most sectors of the global economy have experienced a lot of blockchain integration in most of their operations and as a result, it has encouraged the tremendous improvement of these sectors.

The same thing has happened recently in the global finance and e-commerce industry as we have seen some blockchain projects that intend to solve the problems of this industry but despite this, there still exists these problems which leave a lot of people in dismay. The most challenging of these problems includes lack of transparency and secure trusted information and unreliable manual processes.

Therefore, there’s an urgent need to get a solution to all of these by creating an excellent platform that can get rid of all these flaws, this is the reason behind the creation of PrepayWay platform.

PrepayWay Platform

PrepayWay is an all in one financial platform which has the functions of escrow agents, lawyers, arbitral institutions and also banks in order to provide a perfect environment for all businesses.
PrepayWay platform also has an integrated payment solution that supports both fiat and digital payment methods.
Picture showing how modus operandi of PrepayWay platform

What Solutions Does PrepayWay Offer?

• PrepayWay real estate
• PrepayWay Elleo
• SmartArb and
• Effective infrastructure for collaborating, contracting and payments.

What Advantages Does Partners-Service Providers get?

• Escrows and financial partners get a percentage of transaction value
• Legal partners will also get a percentage of transaction value every time their contact templates are being used for all international transactions
• Additional revenue and access to global markets
• Neutrals also receive compensation for their services and also a new opportunity niche for the IT sector

Clients also on PrepayWay platform get to enjoy;

• Access to global investor base, reduced costs, ability to use both cryptocurrency and fiat
• Cost effective contracting, global reach and also secured transactions for all international transactions
• Absolutely convenient transactions and increased transaction speed.

PrepayWay Solution for Real Estate

Real estate solution being provided by PrepayWay is one of the use-cases of the platform and it involves the combination of all the core elements of PrepayWay blockchain for the sole aim of making real estate reservation process to be time and cost efficient, secure and also transparent.

Valid and enforceable country-specific agreement templates which are being developed by PrepayWay trusted local lawyers and notaries in different countries.

Below are the exclusive features of the PrepayWay solution for real estates

• Simple and user friendly interface
• Availability in multiple languages
• Absence of trust issues and dispute via the use of smart contracts

InBit (ERC-20) will serve as the fuel of the platform with several usecases like special discount on PrepayWay fees and payment of service fee.

In conclusion, with the clear and well detailed mode of operation of this platform, then it’s conspicuous that PrepayWay will succeed in transforming the e-commerce and finance industry through its fiat and cryptocurrency supported payment platform, therefore I wouldn't personally want to miss out on this platform.

Kindly check the links below for more enquiries;
Website
Whitepaper
ANN thread
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