OTPPay platform
Table of contents:
- OTPPay platform
- Goal
- Benefits
- Problems and solutions
- How does it work
- ICO Details
- Conclusion
OTPPay platform
OTPPAY (Omni Token Platform for Payments) is a blockbased platform that allows you to buy, sell and exchange among themselves both digital coins and traditional money. It can become the world's largest platform, which will handle all major crypto-currencies and make payments without intermediaries. A specially developed mechanism based on artificial intelligence performs transactions between any currencies through conversion into an OTP token and back. Such a mechanism allows payments with a minimum commission and high speed.
OTPPAY is a unique payment platform that allows the user to choose a convenient crypto currency for payment for goods or services. Sellers receive secure payments and the ability to choose the currency to receive payment. By choosing OTP as the primary token, the seller will be protected from high volatility of the crypto currency.
Goal
The main goal is to replace or combine existing banking with Otppay crypto-banking using types of financial services on the basis of a blockbuster. There will be no need to register at several sites to conduct a full cycle of planned operations. This is so convenient that it is comparable to one click of a mouse.
Benefits
The main advantage of OTPPAY is the instant buying and selling of crypto currency. The user creates a request for a sale, after which the algorithm based on the AI finds the most suitable counter application and connects them. Since the service will take place without the physical transfer of funds from the account to the account, the commissions will be relatively low, and the transaction time will be minimal.
Mobile application for access to the phone from anywhere in the world. A simple interface will allow you to flexibly switch from a payment model and choose the directions of interest that are of interest: crypto-currency, crypto-currency, phyto-crypto, and fiat-fiat. A reliable and secure architecture will attract potential users.
In the application, which is logical, there will be an opportunity to transfer money from the purse to another purse. Users will be able to send each other funds with minimal commissions. If you take into account the size of foreclosures offered by exchange exchanges, for the withdrawal of individual coins - OTPPAY has a clear advantage.
It is worth mentioning that the application will have all the data about the latest committed push-up notification transaction. Phones that support NFC payments will allow users to pay bills using conventional terms. In this case, the end user chooses the direction of exchange for payment.
The OTPPAY card will become the key product of the project, wiping out all boundaries between crypto-currencies and real life. This is one of the final steps required by the world of digital assets for full adoption. If the owners of crypto currency can spend them in real life, skeptics will turn into investors and even enthusiasts. Everything works in the same way as the above process, only without a purse or NFC technology on the mobile application.
Payments with QR codes. The project offers an easy and convenient solution for retailers, providing them with a simple device with a unique identification code. All you need to do to receive funds from the client is to generate a QR code, which he will scan for payment. After this, the exchange process takes place inside the system and the seller receives his funds.
Problems and solutions
• Crypto Credit Rating - the system of analysis and recommendations for the seller, based on artificial intelligence. Analyzing the actions of the buyer, his average payments and credit history, gives sellers advice on the size of a possible loan.
• Mobile wallet - it can store crypto currency and carry out any payments or exchanges.
• Monitoring system - will allow to track fraudulent transactions. The mechanism analyzes a variety of data in order to prevent abuse.
• Negative Crypto - database of negative events in the network.
• Crypto QR is an identification system that ensures the confidentiality of user data. Mechanism
• ESCROW - allows you to make payments with a guarantee.
How does it work
The main product OTPPAY is a mobile application that includes almost all the functions necessary for trade in crypto-currencies: a wallet, an exchange and brokerage services and even a credit platform.
OTPPay strongly concentrates in the aspect of unity, which opens the way for the expanded development of the entire platform. This is a highly transparent platform that provides motivation and support for normal people so that they can penetrate the world of innovation.
The main purpose of launching ICO is to develop a platform by raising funds. The value of OTPPay tokens is further enhanced by the asset exchange function. On the official website of the OTPPay Project, users will always be able to track their daily business activities. They can also request any explanations from the OTPPay community forum according to their needs.
ICO Details
Selling tokens: C 4 April to May 3
Designation: OTP
Type of tokens: ERC20
Price per click: 1OTP - 0.000125
Total tokens: 1000,000,000 Tokens for sale: 600,000,000
OTP is the internal coin of the OTPPAY ecosystem. It is used for all transactions made directly or indirectly on the project. On the OTPPAY platform, no payments can be made without the use of OTP tokens working on a "smart" contract.
Conclusion
The OTPPAY currency will be deeply embedded in their platform, so those who are interested in using it should think about buying this currency. While the OTPPAY platform remains popular, the value of the OTP token will remain stable. While this stability protects against unforeseen losses, it is also likely to prevent a sharp increase in cost.
Investors should note that the company has not announced plans to pay dividends to owners of tokens or buy tokens from the open market in order to limit their offer.
- More information can be found here:
- WebSitе
- Whitepaper
- Telegram
0x9B33f64a800F09BF4483D72e48B0c8e2ef3293d4
Отличная статья. Узнал много нового.