PrepayWay | The Future Of Global Market Ecosystem

arsenalx420 (6)in #ico • 6 years ago

Introduction
From the centuries trade relationship were existed and we followed this tradition till now. Trade relationship played an important role in developing people from one another. Even in ancient times Kings were established trade relationships with other kingdoms. And even in 21st century the trade principles are same; people create new products, sell it and someone buys it. This trade relationship chain is still the same as old one. Today new technological innovations provide new tools and techniques to these trade chain characters. Which ultimately provides convenience for the sale of goods and services.

Often times the sellers are not always individuals, but also large corporate giants and companies. Thus, there is a billion dollar flow of money between these market participants. But even though there are many fundamental problems are exist between these trade participants because there are many trade relationship and agreements are exist. But as practice shows all of them are not perfect and faithful. Some participants did not make advance payments and some even receiving the payment in advance did not fulfill their obligations. This results in a dispute and the work gets delayed until the disputes are solved. Many a times the work gets delayed for weeks and thus they encounter with other financial loses. Although the traditional methods are not transparent enough that the resolved disputes are considered as biased.

But now thanks to a team of professionals who have identified this problem and committed to provide a solution through revolutionary blockchain technology implementation by creating a platform called PrepayWay.
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What is PrepayWay????
PrepayWay is an ecosystem that uses Blockchain technology. This ecosystem tries to simplify the transaction process on the global market, by implementing Blockchain technology in existing business processes making it more efficient and also decentralized. With the ecosystem they make, this will certainly improve trade relations between the participants, as well as from small or large companies. This ecosystem will certainly provide a new global market atmosphere where everything is more transparent and also faster than the convetional system that is still used today.

With the various advantages that exist on the PrepayWay Blockchain Ecosystem, participants are facilitated by a safe, fast, transparent and low cost transaction process. In addition, by utilizing blockchain technology will make the transaction process more efficient, this will certainly provide liquidity for the participants and certainly can be accessed globally. On the other hand, by using smart contracts will reduce fraud or other negative things that can delay the transaction process.

WHAT ARE THE FEATURES OF THE PREPAYWAY PLATFORM
PREPAYWAY is a fullу bасkеd Blосkсhаіn bаѕеd рауmеnt gаtеwау. PREPAYWAY rерlасеѕ trаdіtіоnаl рауmеnt mеthоdѕ wіth a Blосkсhаіn bаѕеd fullу bасkеd сrурtосurrеnсу. Thіѕ асtuаllу рrоvіdеѕ a ѕесurе аnd trаnѕраrеnt рауmеnt gаtеwау tо еnаblе trаnѕасtіоnѕ fоr every аѕресt оf dаіlу lіfе.
The mаіn goal uѕіng Blосkсhаіn tесhnоlоgу іѕ tо аddrеѕѕ mаnу оf the іnсоnvеnіеnсе оf рауmеnt рrосеѕѕеѕ іn International trаdе platform and also real еѕtаtе іnduѕtrу, uѕіng the PREPAYWAY рlаtfоrm. Thrоugh оur PREPAYWAY, thеrе wіll be provision оf іnѕtаnt рауmеnt mеthоd іnѕtаnt аnd ѕесurе рауmеnt mеthоd solution. Alѕо Exреnѕеѕ іnсurrеd іn рауіng the mіddlеmеn аnd custodians of rесоrdѕ wіll bе еlіmіnаtеd trаnѕlаtіng to оvеrаll low trаnѕасtіоn costs for thе раrtіеѕ. Third party соntrасtѕ оf blосkсhаіn are programmed tо ѕеlf -execute whеn еnfоrсеd digital rеԛuіrеmеntѕ оn thеіr source is mеt.
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What is InBit????
InBit is a native token that will be used on the ecosystem and it's a utility token. Initially this Token will be based on Ethereum Blockchain technology (ERC-20) and maybe in the future this token can be swapped to their own blockchain (Still being developed to meet ecosystem needs). This token can be used by holders to pay for services available in the ecosystem. No more tokens will be generated after TGE until the PoU algorithm starts. To understand what a PoU (Proof-Of-Use) is, you can visit token page on their official website here:
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ICO Details
Token standard: ERC-20
Hard Cap: 50,000,000 EUR
Soft Cap: No softcap
Initial Price: 0.01EUR per 1 InBit
Token type: Utility
TGE: 2019
Total Supply: 12,763,636,364 Inbits
Presale tier 1: H1 2019
Number of Tiers: 7
Token Distribution: 30 days after TGE

CONCLUSION

Prepayway has a partnership network of over 50 establishments in various countries around the globe, an indication of the dedication of the team to the vision of the Prepayway project in becoming the global solution in international business facilitation.