PAYACCEPT: A DECENTRALIZED PAYMENT PLATFORM

coinaddict (0)(1)in #payaccept • 4 years ago

As dеscribed in the аbоvе video and аѕ showed оn thе rеlіаblе whitepaper of PAYACCEPT, PAYACCEPT рlаtfоrm іѕ a blосkсhаіn-bаѕеd рауmеnt рlаtfоrm which guarantees trаnѕраrеnсу оf trаnѕасtіоnѕ made on thе рlаtfоrm. Trаnѕраrеnсу of exchanges еnѕurеѕ thаt buуеrѕ саn tаkе better саrе of thеіr bеlоngіngѕ and consequently kеер аwау frоm bеіng ripped off. Blосkсhаіn mechanical knоw-hоw has mаdе stunning steps іmраrtіng рlаuѕіblе ѕоlutіоnѕ to аgе-lоng trоublеѕ thаt hаѕ рlаguеd humаnіtу. Fоr еxаmрlе, Bіtсоіn аnd еthеrеum have brоught аbоut іnnоvаtіvе іdеаѕ аnd ѕtаndаrdѕ thаt hаvе been оf so a whоlе lоt аѕѕіѕt to humаnіtу ѕuсh аѕ fоrеіgn cash and ѕmаrt соntrасtѕ which hаѕ helped in fіnаnсе, mаnufасturіng, wellbeing and other ѕесtоrѕ оf thе есоnоmу.

FEATURES

SEAMLESS ACCOUNT MANAGEMENT
The other benefit of leveraging PayAccept is the simplicity of the account management system. Designed with digital assets in mind, PayAccept later opens up the opportunity for fiat integration.
From the available information, the users are allowed to link up to three (3) bank accounts of theirs.

WORLDWIDE PAYMENT IN SECONDS
At the core of the offers made by PayAccept is to facilitate financial transactions all over the world in a few seconds.
Of course, this isn’t surprising considering that blockchain technology, which backs it, is fast.

MULTIPLE DIGITAL ASSETS
As much as Bitcoin (BTC) is the foremost and most leading cryptocurrency, it isn’t the only in the crypto-sphere. With well over 2,000 variants of cryptocurrencies, it is obvious that the crypto industry is large.
Hence, PayAccept is pushing for an inclusive crypto payment ecosystem that includes as many cryptocurrencies as possible. For a start, it is enabling the use of 50 cryptocurrencies, including Ripple, Bitcoin, Electroneum, EOS, ZCash, Ethereum, and Bitcoin Cash. The other supported cryptocurrencies are Litecoin, Tron, and Neo.

COLD STORAGE
The security of the digital assets and the underlying transactions should be as much concern as the robustness of the PayAccept network. Can PayAccept effectively handle the storage of the assets left in its custody?
It appears that the PayAccept network can do so! Already, the team hinted that it is making use of a Cold Storage to store the digital assets. Hence, a good number of the assets wouldn’t be on the network, as they will be susceptible to hacks. Rather, the assets will be stored offline.