Meet NUPay, A New Crypto-Payment Platform

sameull ibra
4 min readMay 8, 2019

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Fintech agencies that have emerged to address these challenges are unexpectedly developing financial infrastructure around the world thru a combination of the Internet and finance.

Under the new system, NUPay Team solves the limit of the cryptocurrency utilization in the identical form as prison foreign money to put together a variety of services for loan, remittance, asset management, etc. in the cryptocurrency market.

For handy usage, as if in partnership with established enterprise companies, we will work with existing FinTech corporations to supply handy get right of entry to to economic offerings via cryptocurrency, and we are looking for ways to collaborate.

NUPay will commence by means of launching NUPay, our all-in-one charge platform, in Korea at an early stage and in consequence expanding to other parts of the world, subsequently main to the introduction of a blockchain ecosystem that allows a world on- and offline charge system primarily based on NUPay Protocol and NUPay Platform.

NUPay Payment Platform

NUPay is a provider that can be used somewhere and allows numerous payment strategies from cryptocurrency to gift vouchers and points. This service allows buyers to use cryptocurrency, present vouchers, and points that are only available in positive areas like fiat forex or money.

Currently, NUPay is ready to accept charge for TPCT, BTC, ETH, and XRP, and we are working on an open-source-based platform so that different cryptocurrencies or alt coins can without difficulty participate within the boundary of NUPay Platform in the future.

Merchants

As fee techniques enlarge together with cryptocurreny, present vouchers, and points, merchants in NUPay Network can impenetrable a extensive range of customers. Consumers pay for items and services in the shape of cryptocurrency, but the merchants acquire fiat money thru NUPay. This approves the merchant to hedge the threat relevant to cryptocurrency.

User

Users will get hold of up to 2% of the payment amount in TPCT when the use of NUPay. Returned and collected TPCT Tokens can be used in shops at any time. In addition to cryptocurrency, any gift vouchers or factor used will have the equal accumulation criteria or process. Based on this structure, the cost of TPCT is predicted to make bigger naturally as transactions proceed to increase.

NUPay Blockchain System

The NUPay Blockchain, which is the basis among NUPay, retailers and users, will distributively keep all transaction-related details, which includes account balance, transaction details, and payment addresses, on the grasp node. A grasp node that consists of one or a couple of nodes, if needed,can create another community for it is appointed with nodes that can be pre-validated.

Further, NUPay Blockchain System’s centralized account and decentralized platform are linked to the stability and reliability of the modern present price gateway systems. This means that cryptocurrency can used in the equal way as the criminal or fiat currency, which is managed as a team via the NUPay Blockchain’s grouping process, and it contains out decentralized governance.

Every exchange in the blockchain requires a majority of cross-node neighborhood agreement. Bitcoin, the first cryptocurrency, used the PoW algorithm to reach agreement on the transaction books of all Bitcoin nodes. However, this algorithm is no longer effortlessly utilized in environments that require instantaneous charge due to extraordinarily gradual speed.

To address the problem of this type of algorithm and hold price carrier accuracy, NUPay allows settlement between communities to be reached via each and every seconds by means of a node that has long gone via a collection of pre-validated processes. When the community of nodes reaches an agreement, the historical agreement ledgers are eliminated, and new ledgers are created as the today’s blockchain status. The validation nodes of the NUPay Blockchain preserve the identical closing ledgers. Hence, the NUPay Blockchain provides a fee machine that facilitates and contains out a unique transaction with no extend or time lapse, in contrast to some existing transaction processes.

🚀 The NUPay charge answer affords the ability to buy goods and offerings the use of cryptocurrency in daily situations. Here are a few examples of the practical uses of the solution.

🚀 Connects Crypto and a range of points or vouchers with the actual economy

🚀 Collect TPCT Token via all-in-one charge platform, NUPay

🚀 NUPay will start by launching NUPay, our all-in-one fee platform, in Korea at an early stage and as a result expanding to different components of the world, subsequently main to the introduction of a blockchain ecosystem that allows a international on- and offline fee gadget based totally on NUPay Protocol and NUPay Platform.

🚀 TCPT Website: http://www.tpct.io

🚀 NUPay Website: http://nupaymentalliance.com

🚀 Whitepaper TCPT: http://tpct.io/filedownload.php?lang=en

🚀 NUPay Whitepaper: http://tpct.io/filedownload.php?lang=one

🚀 Medium: https://medium.com/nupay

🚀 Telegram: https://t.me/NUPay_English_Community

🚀 Twitter: https://twitter.com/NUPayTeam

Author:

🚀 Bitcointalk username: Dodi_Gejul

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