Alchemy

Internet trading has become dependent solely on money organizations involved in the processing of electronic payments. While the framework works perfectly for most exchanges, in spite of everything, it suffers from the internal flaws of a trust-based model. They provide resources and establish authoritative restrictions. They establish and confirm symbols and annual occasions. They manage associations between countries, associations, networks and people. They control administrative and social activities. But then, these basic devices and administrations created to control them did not learn about progressive changes in the economy. They look like a busy time when they catch a Formula 1 race car.

Alchemy is the solution to all these problems with their latest technological integration, which will bring the payment industry a new wave of development. This is a project that will help introduce the rest of the world to cryptocurrency. Blockchain is slowly but surely becoming part of our daily lives, and Alchemy is here to help it become a reality. Payment rights must be returned to sellers, buyers, and the market. This is the power of decentralization!

Problems that Alchemy solves:

• The prices of cross-border operations are extremely high, as well as a very high level of inefficiency.
• Trust is a concern, as it is completely absent in modern electronic payments. It is impossible to complete a large number of transactions due to a lack of trust between the two parties.
• The centralized giants of the electronic payment industry tend to offer opaque rules for both merchants and consumers.
• Problem centralization, therefore, leads to a lack of confidentiality, and neither of the parties can be sure of security.
• Currently, transaction processing through electronic payment systems is quite lengthy, and in some cases it causes disputes between my clients and me. This happened to me several times.
• The following is a very long and cumbersome process of trying to reconcile with a client, and this is not what any business owner wants for his clients. The process of clearing and resolving such disputes is also disappointing.

Principle of operation

Alchemy expects that, with the support of decentralization, tricky agreements, and the blockchain agreement system, Alchemy will provide payment industry players with the opportunity to take advantage of the new era of payment innovations, making full use of the progress of the open source protocols and the open research and development phase to enhance cross-connectivity. -payment payments; Provide dealers and customers with a faster, progressively safer, more profitable and progressively adaptable payment agreement worldwide.

Alchemy’s decentralized payment network will consist of the following functions:

• Alchemy’s open and scalable consensus protocol to establish payment industry standards and facilitate changes in the payment industry as a whole.
• The project will use lightning network technology for real-time transactions of existing electronic payments.
• This will provide the most comprehensive support for various cryptocurrency payments for enterprises and consumers to choose from.
• Project will have a car onomic / online single order. There will also be seamless integration with basic intelligent POS and quick access to various applications for the online SDK / Plugin / API.
• It will have a decentralized infrastructure network, operations and management networks, including, inter alia, storage, dispute arbitration, credit scoring, risk control, clearing, anti-fraud. This will help significantly increase operational efficiency, as well as minimize operating costs.
• There will be basic payment functions and solutions for large-scale commercial applications.
• PUSH PAY, PULLPAY; combined payment, target payment, subscription payment and other types of accounting systems.
• There will be a simple, visually standardized smart contract market that will help minimize the threshold for the commercial use of smart contracts.
• There will be independent communities and open ecosystems that will attract more innovative technology companies to become part of the community and contribute to the development of the public network of the payment industry.
• The platform will also provide improved programs. we ensure that the localization and the fight against money laundering for various regions and countries.

And if you are interested in this campaign, then you can always find out the details by clicking on these links. And also draw some conclusions for yourself.

Additional Information:

Website: https://www.achpay.org

Whitepaper: https://www.achpay.org/static/files/V3.8_WP-E_Alchemy_20190906.pdf

Telegram: https://t.me/alchemy_official

Twitter: https://twitter.com/Alchemygps

Facebook: https://www.facebook.com/AlchemyGPS

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ETH: 0x8fe5DB8b615c37C92A20d79aB67AeC32e283dC0F