An alternative payment network that offers security to the buyer, great features and fees to the seller, and earning opportunities for all.
Imagine a world with truly decentralized, yet fast and convenient payments, accessible anywhere. A payment network with no big banks, no single access point dictating the rules and selling, reporting, or compromising your transaction data, a network that allows everyone to both use it and participate in it. Credit card networks like Visa and Mastercard provide a valuable service – they authorize payments very quickly while you’re at the point of sale, providing the merchant with assurance that they will get paid, and then facilitate transaction settlement between the banks; they also make your electronic payment method (credit card) accepted at millions of locations. Just like them, GRAFT is making the alternative payment transactions work in real-time anywhere via instant off-chain authorizations and integration with existing payment terminals, and then settling them onto the blockchain with uncompromising privacy – all this without involving banks!
GRAFT is a blockchain designed specifically for the Point of Sale
Fungible and fast, like cash
Safe and immutable like a check book
Ubiquitously compatible, with fast transaction authorizations and credit facilities like credit cards
Decentralized, without a single point of control, like bitcoin
Privacy-centric Proof-of-Work settlement layer based on CryptoNote protocol
Proof-of-Stake based instant transactions facilitated by SuperNodes
Credit-card-like transaction types, fees, and integrations with DAPI gateways
A unique open-platform service provider network allowing anyone to step in as a service provider.
Uses cryptocurrency to pay for goods and services. Can loan funds to others. Uses GRAFT wallet.
Accepts alternative payments, offers loyalty programs, cashbacks*. Utilizes existing payment terminals, GRAFT POS app, or 3rd party integrations.
Provides payment network service to the merchants. Runs payment Gateway. Markets.
Validates and monitors off-chain transactions. Runs Full Supernode. Receives RTA fees.
Maintains points of entry to the network. Runs Proxy Supernode. Receives Proxy SN fees.
Underwrites second-layer tokens including tethered payout tokens (“stablecoins”)
Develops applications that utilize network services via DAPI