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Payment of blockchain and cryptocurrency -PUMAPAY





there is a natural evolution 
the successful of all the technologies that seem to be followed, with the critical point of widespread adoption that extends into our lives forever. They shift away from the ambiguity, validity or feasibility they are questioning aggressively, to be recognized and accepted moderately, to be spoken to vigorously, understood and watered with excited new users. This is where I feel the urgent crypto now. 

The next stage in the corner 
is a critical point of widespread adoption. The reason I believe this is true is because of the large number of new businesses and technological solutions made using the Etereum Network backbone. The standard evolution of the token ERC233 based on the token standard of ERC20 proves this further to me. This technology evolved to be smarter, more capable, more secure, and more suited to the needs of real people with broad adoption. 

Good indicators 
of a  technology that applies widespread adoption is if it can be shown to be used millions of times per day (or possibly billions with IoT apps) for small transactions, scattered among a diverse group of people and geographic areas. Currently, cryptocurrency does not enjoy this fact, simply because the daily payment receipt does not exist.That means you can not easily pay for coffee, dinner, National Geographic subscriptions, your haircuts, or your monthly Netflix payment with cryptocurrency.

Currently all are handled beyond the crypto properties
so that it can speak, and vice versa, is processed by a centralized technology that has long enjoyed widespread adoption and development before the internet. In fact, when I was growing up, credit cards still used carbon copy and signature verification. (How about even working that I'm afraid of?) This is definitely a technology that is not designed with the current internet capabilities (let alone decentralized books), and therefore, I think it's on the wall.This centralized technology, like credit cards, is set to be replaced by decentralization. Today's credit cards will evolve to include the benefits of cryptocurrency, as we see it, moving toward widespread adoption. 

Before this happens, some solid solutions need to be done
First of all, a system needs to be in place to receive the various types of transactions that people expect and use on a daily basis. Until this system is adopted and in place, we can not expect people to stop using the current system ini.jenis principal payments we make on a regular basis by using our credit cards, and automatic bank debit can be divided into the following three categories: 

Single Payment - for one-time purchases, such as coffee or dinner. 
Repeat Payouts (Scheduled) - for monthly subscriptions, such as monthly or monthly magazine purchases. 
Shared Payments - to share purchases, such as traveling with Lyft 

Payment of blockchain and cryptocurrency 
can be used to achieve these three examples, and again, with absolute security, and low cost. Until now, most retail trade, both online and offline, revolves around credit cards: whether direct credit card processing or through 'wrapper' services. This method enforces high commission fees ranging from 3% -15% and provides other shortcomings to traders and consumers, which is common in centralized systems. 

Cryptocurrency holds great promise
 
to overcome this shortage but must evolve into a widely accepted means of payment. Let's take a look at a Blockchain startup that works to achieve this, and how they do it. 
Introducing, PumaPay.


They offer open source blockchain open source protocols that
 decentralize the overall layers of transaction processing services and offer solutions to the three main payment types I mentioned above. In addition, they also offer solutions for standard payment features such as a money back guarantee and limited payment. Their comprehensive and flexible protocol enables adapter to process transactions using almost all familiar billing methodologies and combines best traditional methods (credit cards) and block-based solutions. And again, it's a free protocol that can save businesses and consumers a huge amount of money over time, as they stop paying commissions they've been accustomed to with traditional platforms.

They introduced the FDI mark
which they strive for to be widely accepted by merchants of all sizes, worldwide. Their PumaPay and token (PMA) protocols will support the most common transactions in online and offline fields. This breaks down the barriers currently faced by companies that want to receive cryptocurrency, but can not because of a lack of infrastructure constraints. PumaPay is ready to be the infrastructure that allows widespread adoption of Cryptocurrency. Be careful with Visa and Mastercard!
Protocol and Token.
The PumaPay protocol will be open to communities for development. While the protocol is equipped with existing modules to facilitate the main payment types outlined here, it is designed to foster community development. It aims to become a standard platform that businesses can use to develop their special blockchain payment solutions.

PMA sign
will be a currency exchange among PumaPay user wallets. While initially, the user will exchange the ETH with a PMA sign, the continuing value will be based on the general PMA market and will be a stand-alone crypto system.Withdraw Contract 'and' Withdraw Request. 

This is the heart of the PumaPay system. 

Withdrawal Contracts allows companies to set transaction fees and requirements. When customers agree to these terms, they complete a payment cycle. PullContracts is flexible enough to allow one-off payments, regular payments, shared payments, money-back guarantees, tight cost regulations, and more. 

When PullContract is approved by the consumer
 
PullRequest is created to complete transactions and facilitate withdrawal of FDI from customers' wallets, to business wallets. For example, when a customer purchases a copy, they approve PullContract which then allows PullRequest for coffee charges in the PMA to run. If PullContract includes a cost-sharing function, PullRequest can withdraw money from two different consumer wallets, and so on. In scenarios where funds are insufficient for purchases, businesses will also know right away, such as how credit cards are declined today. 

It is important to note 
that PullContracts can facilitate important consumer payment terms necessary for business as usual, such as Money Back Guarantee. If a customer returns a product, PullContract can facilitate a refund. To do this in the crypto precipitation ecosystem today, it takes a lot of manual labor, and PumaPay aims to automate these day-to-day transactions. An additional payment tool that may be done with this platform is a limited payment idea. For example, parents may give their child some funds for fees, but limit the use of those funds for certain types of purchases. (ie School Supplies OK, but Candy is not). I feel that this kind of monetary control over money with others can be very powerful.SDK PumaPay (Software Development Tool)

All of these will be available and may use the Developer SDK 
Because PumaPay is a no-transaction platform and is the only platform for growth platforms, it can be accepted and built on top of its developers. 
The use case continues and continues, because PullContract's ability is the imagination of the developers. A number of requirements may be required or required by using PullRequest. Integrated with existing PumaPay PullContract system. For example, an online subscription system may grant users access to the app's premium features after successfully running PullContract.

The future of daily payments is changing rapidly, and it seems likely to say with certainty that the block will play an integral role in this equation. The PumaPay solution offers a great potential solution, and I hope that this platform will evolve. They have an interesting road map in front of them. I highly recommend looking at their website. 
Another example of how blockchain rediscovers business and changes the world. 

This article 
is part of a series of new articles I write in creating business profiles that rediscover an existing industry using Blockchain. 
This is not just a solution for daily payments, but also an opportunity to become a new base of the internet. Listen, and you'll see more and more companies are generating solutions based on Blockchain. These are the early days, and the best are yet to come. Blockchain reinvents this business. "If you have or know a company I can see and potentially give a profile, submit your ideas for reinvent.biz
Need to know more about Blockchain
because it will take the entire article to explain how blockchain works, I assume you have a basic understanding of the core concepts. If not, I recommend watching this short 3 minute video. Have more time / interest? I recommend this course a little more in-depth. Since it will take the entire article to explain how the blockchain works, I assume that you have a basic understanding of the core concepts. If not, I recommend watching this short 3 minute video. Have more time / interest? I recommend this course a little more in-depth. 

For more information:

Website: http: //pumapay.io/ 
Reddit: https: //www.reddit.com/r/PumaPay/
Facebook: https: //www.facebook.com/PumaPay/ 
Twitter: https: //twitter.com/PumaPay 
Telegram: https: //t.me/PumaPay 

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