GRAFT
Graft? Graft is a retail-oriented payment blockchain and a decentralized alternative payment processing network that allows or enables individuals to perform the function of buying or purchasing items with their crypto-currencies without any need to change to FIAT, and also allows merchants to accepts these crypto-currencies without any hassle.
How It Will Change the Payment Processing Industry
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With crypto-currency currently everywhere you look around in the world these days because of its flexibility as one can easily get them from participating in online competition platforms, playing online games, or just accumulating it from one way or the other, everybody now has crypto these days, but one of the problems we face in our daily lives is after the accumulation of these crypto-currencies we find it difficult to use these cryptos for most of our daily transactions, most of us convert these cryptos into any available FIAT in order to be able to spend them. Here is where GRAFT comes to play its role perfectly as these cryptos are accumulated by individuals graft enables us to use the crypto-currencies direct from our wallet without any need to convert to FIAT, Graft also provides some functions that can greatly improve the payment processing industry like; The GRAFT Mobile Wallet, GRAFT CryptoFind: which allows users to find locations that accept crypto and helps merchants to update their status and helps users to find their stores, which makes transactions fast and direct which will bring about some percentage of efficiency which have been lacking from our normal day to day transactions.
Lack of Crypto-Currency acceptance in Traditional Purchase use
Crypto-currency is lacking in the traditional purchase use as merchants are familiar with the regular debit or credit card transaction system and are unfamiliar with the GRAFT led crypto-currency system which means one can’t purchase items from these stores with their crypto-currency which brings about a lack of crypto-currency use in our traditional stores.
How Graft RTA Will Help Merchants to Operate Their Business as Usual
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Real Time Authorization in graft will enable transactions near instant as possible. GRAFT RTA creates an environment where payments are authorized close to real-time which enables buyers pay with any currency of their choice and the merchants can accept this payment in any currency they prefer. The RTA system will look to implement a double layer comprising of super nodes which will confirm and validate transactions and exchanges in real time. This real time transactions will enable individuals to continue with their business practices unchanged whilst adding more support for cryptos which will be similar to the modern-day credit and debit card transactions only faster which will help merchants operate their business as usual.
Benefit of Having Software That Can Integrate on Top of Existing Merchant Device
One thing is to bring about change in the life of people which ever way one can, another thing is to ask people to spend more money in acquiring that change this case might cause prolong time in order to achieve it, but when the change integrates with our existing condition it only makes our acceptance of the new condition easier and quicker as the case of GRAFT with its ability to integrate in the already existing merchants devices it only makes the transition more easier for these merchants as this are the conditions which they are already used to, in other words its general acceptance will be easier and faster.
Impact for Merchants and Customers, Having the Ability to Pay with and Sell for Any Form of Payment
When the merchants and customers have the ability to pay with and sell for any form of payment it will only bring about the flexibility of the market and general expansion of the market because of its flexibility more people will be interested in performing a business transaction at any point in time which also leads to its general expansion.
How do you imagine GRAFT integration changing the way we interact with crypto?
With the integration of GRAFT into the system it is set to definitely change the way we interact with crypto as people will start seeing the need to hold their crypto with high regards just the same way FIAT is being seen with some regards, we will be like hey! I have got some cryptos and with the help of GRAFT I can spend it just the same way I use my credit card or debit card. And with the ease accompanied to GRAFT it will only help to change our perceptions towards cryptos which will only help to strengthen the crypto community even further.
How will RTA change the future of crypto?
REAL TIME AUTHORISATION will help change the future of crypto because of its ability to perform a transaction near to instant, which means no delays, no glitches, with this kind of technology the future of crypto is definitely going to change as people will pay more attention to crypto and try to get involve with crypto more as people will now begin to see crypto as just another currency which is readily available to use without any consumption of extra time and energy.graft2018 https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-graft