Tip Blockchain, Create your business solutions

Internet has experienced great development, everyday people have easy to use internet for sale and purchase transaction. The use of one of them in the field of cryptocurrency in the Startup Tip Blockchain. This startup offers cryptocurrency innovations for daily transactions by utilizing decentralized applications that will provide solutions for users in business activities.

The main problem that users often encounter when using cryptocurrency is

1. Peer to peer transfer cryptocurrency. For most users unfamiliar with cryptocurrency will think these steps are too inconvenient and do not even need to use cryptocurrency. With so many options for sending fiat currency between users, for cryptocurrency to compete, it should be easier than sending a fiat transaction.
2. For small businesses that accept cryptocurrency. the bottleneck is that a small business must display a QR code that can be scanned by a customer to get a business wallet address. Customers can then send transactions to this address using their own wallet app. This again creates an entry barrier for users who are not accustomed to dealing with cryptocurrency. This problem resulted in small business hesitant to adopt cryptocurrency.
3. Cosmetual data information around transactions. Small businesses often receive multiple buyer orders that must be processed within an hour. so that multiple orders are placed on the phone or by users who scan the business address of the QR code, the restaurant operator has no way of knowing which transactions match which order. One ineffective solution is to match the transaction value to the order. This will not work if there is more than one transaction with the same or similar value.

Based on the above problems, Tip Blockchain provides a specific optimized solution.

1. Smart Addresses. Each address in the Tip Network is created from cryptographic hash, as well as Bitcoin or Ethereum. However, this is an implementation detail that should not be troubled by the user. When people want to transact in cryptocurrency, they do not need to know the underlying address. Users will be able to create human readable names or aliases in their accounts and transact using this alias. The network maps the alias to the appropriate address, so the transaction is properly routed to the intended recipient.
2. Metadata Transaction. Blockchain tips provide the ability to attach arbitrary metadata to both addresses and transactions. This metadata may rely on protocols, such as aliases, or arbitrarily determined by the user. This will be stored in the form of key-value pairs. This metadata will allow the storage of random data that a user chooses to specify. Metadata storage on Blockchain Tip will support both private and public data. Public metadata will be stored in plain text on the network, as such, will be accessible to anyone on the network. Personal data will be encrypted by the caller and stored on the network. This data can then only be decrypted and viewed by the private key holder, the account owner
3. Search and Discovery. Users will then be able to find other users and new content on the network by searching through the data using a client application. Developers will be able to build decentralized applications (DApps) that store and access this information on the network. DApps will be able to create their own custom fields and protocols to extend platform usability.
4. Peer-to-peer Instant Messaging. Blockchain Tip has created a Dapp application that can be made a wallet by the user. This DApp combines several platform features. Instant alias, search and instant messaging accounts will be bundled into this wallet app. Instant messaging will be a key feature of the app, since the main purpose of Tip is to encourage mass adoption of Blockchain Tip, and instant messaging provides a way to do that. Users will be able to send transactions directly from within a messaging conversation, or by using a traditional wallet interface.
5. Light Mobile and Desktop Wallets. The app has several features such as transaction management, order management, customer management, sales report analysis and third party integration. All features of this application will facilitate the user in managing his business and will remove the traditional transaction system.

Conclusion

Blockchain Tip has provided great solutions for everyday transactions in business. Users will be pampered with DApp features that are easy to use, safe and comfortable so that business barriers will feel light.

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