Introduction
I'm a professor at the University of Zulia in Venezuela, and a year ago my students told me that there were platforms where you can generate cryptocurrencies that you can change to your local currency. I signed up in Steemit where I publish articles and stories, it's like a second job and I receive a payment in cryptocurrencies, but in order to buy items in stores I need to change to my local currency since the stores do not accept this type of payment.
One of my hobbies is buying books, when I look for a book of my interest and I can not find it in the bookstores of my country I buy it when I travel abroad or I send them to relatives, but getting foreign currency is not easy and I have to pay with an extra price to get it, the books cost me more money. But with Graft I can pay for my books with my cryptocurrencies, I can even transfer family and friends to their wallets to buy them, a very advantageous and less expensive solution.
More and more people are working with cryptocurrencies and it is necessary that businesses receive this currency as a form of payment. To solve this problem Graft is presented as an alternative to make our purchases.
What is Graft?
It is a decentralized system designed for points of sale, using the blockchain or chain of blocks to be able to pay with cryptocurrencies in any trade that has this system.
Products that Graft delivers
Graft mobile Wallet
This is an application for IOS and Android mobile phones, where you can have your wallet and pay for your purchases with cryptocurrencies.
Graft CriptoFind
With this application on their phones users can find the sites where they accept cryptocurrencies, also allows businesses or stores to join the list of establishments that receive this type of payment.
Graft mobile POS
With this application merchants can accept cryptocurrencies with their IOS or Android mobile phones as payment in their stores.
Graft Terminal Integration
Graft offers us an application for Verifone payment terminals as Ingenico, it is easy to use and adapts to existing payment systems without having to change your POS system, that is, the one used to bill and take control of your processes .
This system accepts the different types of cryptocurrencies, eliminating the need to have several applications or wallets at the point of sale. In addition, transactions are made quickly, avoiding inconvenience to the customer when having to wait for the verification of your payment.
Graft offers us Graft
Better transaction fees
The transaction fees offered by Graft are a small fraction of what credit companies charge. Credit cards charge merchants approximately 3% per transaction, while Graft charges 0.5% for all transactions made, plus 0.25% to 0.75% for SLA and services.
With Graft the transaction fees are charged to the seller and not to the buyer, very advantageous for the customer.
Real-time authorizations (RTA)
Graft is working on RTA (authorizations in real time) ensuring that payments will be authorized and processed instantly, maximizing customer service.
The installation of the system gives us Graft is free and adapts to the systems for existing points of sales, the main objective of Graft is that merchants continue operating in the same way that they have always done.
The Graft RTA will work by implementing a two-layer network with supernodes, confirming and validating transactions in real time.
Conclusion
Graft is a system designed for points of sale where the customer can pay with cryptocurrencies and the seller receives the payment in his local currency or the currency of his preference.
It is a system that adapts easily to the systems traditionally used in shops, very simple to use. You only need an iOS or Android mobile phone where you have the Graft application with your Wallet, find a store that receives cryptocurrencies and enjoy your purchases.
For more information watch this short introduction:
More Information & Resources:
- GRAFT
- GRAFT WhitePaper
- GRAFT Twitter
- GRAFT BTCTalk
- GRAFT Facebook
- GRAFT Reddit
- GRAFT YouTube
- GRAFT Medium
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@rnunez09 you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!
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Hola, cuando nos veamos me explicas bien como funciona esto. Saludos
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by rnunez09 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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Excellent post my friend a colleague @rnunez09. When we see each other, you illustrate me more about it. Regards.
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