"The development of cryptocurrency world with Blockchain technology is increasing. The increase in cryptocurrency users has reached 20 million of Internet users 2.4 billion. The increase will certainly have an impact on companies that use blockchain technology. As one example PayPro which utilizes blockchain technology for financial marketplace where any Decentralized Application (dApp) will be able to offer its services".
In this article, the author will discuss about some point platform PayPro, such as:
1. Innovation Background
2. What is PayPro ?
3. What is DAPP ?
4. About Product PayPro
5. Token PayPro
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1. Innovation Background
the public's understanding of blockchain grew, and with this the different applications of the blockchain can be applied to. The remarkable feature of the blockchain technology is that it can be applied, to name a few, to property ownership, digital identity, supply chain, insurance or clinical trials. Thanks to this new understanding of the blockchain technology and in particular Smart Contracts I am of the view that this technology will eventually be able to create a digital legal system.
This new paradigm is going to create new needs that require new solutions. At PayPro, we strongly believe that this future is very close and thus, we want to position ourselves in the front line by delivering a solution that will ease the switch from the old to the new paradigm.
2. What is PayPro ?
PayPro will be a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing to become your supplier, not the other way around as is customary with banks.
In order to accomplish this goal, we are building a universal wallet that will be capable of storing the most popular crypto-currencies and any ERC-20 token. As soon as the wallet has been released, we will build the marketplace.
3. What is DAPP ?
PayPro’s marketplace will be built as a decentralized autonomous organization, also known as DAO. According to David Johnston on “The General Theory of Decentralized Applications, Dapps", a Decentralized
The business center of PayPro can work as suburbanized applications, additionally referred to as dApp. in keeping with David Jonhston, a dApp should meet many criteria to be thought-about so as to contemplate all things :
- Applications should be created open supply, has to work on its own and is a component} of a bigger token can not be controlled by the element. additionally, the projected upgrades and criticism of the market could also be tailor-made within the Convention.
- Keeping in mind the final word goal to urge the appliance and respect of commitments to compensate miners or cryptographical token, customers area unit vital.
- The token should be created as a symptom of the rewards that area unit generated on the appliance.
- The suburbanized Blockchain ought to be wont to store info and operative records keeping in mind the final word goal to avoid the matter of major disappointments.
4. About Product PayPro
- Wallet
PayPro will accept most forms of crypto- currencies. Using Ethereum Protocol will allow users to store at least the most popular currencies. PayPro Token will be our main currency and will be easily exchanged with any other currency.
- Marketplace
Users will be able to use their PIP for buying any service in the marketplace. These services may include loans, credits and investments. Once the user has spent its PIPs, a new token relating to the service or investment that the user has engaged will be received and stored on the application as a result of using a Smart Contract. For instance, if a user wants to invest in a crowdfunding platform, he can browse for crowdfunding platforms, select a campaign, pay in PIPs and store the token received on PayPro.
- Decentralized Application
5. Token PayPro
Name: Token PayPro
Symbol: PYP
Exchange rate: 1 ETH: 500 PYP
Pre-sale period: January 8 through January 15, 2017
Pre-sale term: Min investment 15 ET
Bonus pre-sale: Bonus up to 35%
Main Sale Period: January 15 - January 31
The main sales term: Min investment is 0.5 ETH
Main sales bonus: 1 24 hours 20%. 1 week 15%. Second week 10%
Limit: 20,000 ETH (Hard Cap) or EUR 5,000,000.00 depending on the exchange rate.
Currency received: only for ETH
% Token sold: 40%
Nationality: Anyone except Singapore, Estonia and the
US due to legal or trade country restrictions
approved by the US.
Thank you for reading the article about Paypro.
For more information please visit the link below:
Website: http://www.payproapp.com/
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