What Is GRAFT the Revolutionary Payment!

in crypto •  6 years ago  (edited)

WHAT IS GRAFT?

GRAFT Global Real-time Authorizations and Funds Transfers is a blockchain, based on the idea of improve the payment industry. Is a universal solution for the cryptocurrencies and the cost of transactions with credit card with, bring instant authorizations and an absulute privacy

Graft software that is not subjecto to shared intellectual property (IP) or under an NDA is under an open source license. Graft Foundation is a non-for-profit entity, and we intend to operate as such unless we’re forced to change status by the governing laws of the land.

SOURCE

BENEFICTS

Graft bring certains beneficts like:

  •  Instant transaction confirmation.
  • Low transaction fees 
  •  Special Transaction Types and Smart Contracts 
  •  Free Point of Sale App Accepts All Payment Methods 
  •  Merchant Payouts in Local Fiat Currency 
  •  Authenticated Buyers 

IMPACT

I think that GRAFT  can have a far reaching impact erasing friction from the systems and enabling new use cases. For example:

  • Giving to the consumer lower prices thanks to merchants fees going down 
  • The merchants may bring more services and products.
  • The consumers get the benefit from lower credit card borrowing costs resulting from peer lending
  • The physical and electronic fraud was running thanks to secure transactions with cryptocurrencies

PRIVACY WITH GRAFT

 CryptoNote protocol ensures full untraceability, unlinkability, and fungibility of Graft blockchain, where sender address, recipient address, and transaction amount are cryptographically protected and invisible. On top of that, Graft adds “one more thing”; it makes even transaction fees invisible to public view 

The privacy is something very important in the industry, so graft guarantees that it is total and transparent, giving the industry an exceptional benefit to be chosen over any other ICO.

HOW GRAFT MAY CHANGE THE FUTURE OF CRYPTOCURRENCIES

With Graft  crypto can fully be more effective in our day to day life,  giving privacy to each user and very fast  authorization and confirmations of a transaction GRAFT will completely revolutionize the cryto world as we know, by changing how people see and utilize cryptos and inturn boost the mass adoption of crypto currencies thereby giving more value to the crypto ecosystem in general. 

 More Information & Resources:

  1. GRAFT
  2. GRAFT WhitePaper
  3. GRAFT Twitter
  4. GRAFT BTCTalk
  5. GRAFT Facebook
  6. GRAFT Reddit
  7. GRAFT YouTube
  8. GRAFT Medium

Graft2018
Contest link: https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-graft 

Source: https://www.graft.network

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