Post
Topic
Board Tokens (Altcoins)
Re: GRAFT - Universal Payment Processing Network
by
muffinman1552
on 19/06/2019, 18:39:27 UTC


GRAFT is to the other payment apps as VISA/MC is to them - it's rails.  Payments may start with a simple closed loop system for experimentation, then move on to payment gateways attached to exchanges, but once they get up to any kind of scale, the need for ubiquity, flexibility, and markets should push them to more flexible networks like what GRAFT is doing.

And yes, GRAFT is looking to get Stripe, Stripe, Paypal, and others to use the network facilitating digital currency payments.  Stripe tried supporting crypto and backed out for the time being citing inability to deal with confirmation delays and network fees, which is the problem that GRAFT could solve for them.

As for large businesses storing their proceeds in bitcoin - probably not - they are however are a lot more likely to store the proceeds in government backed or independent fiat tether coin, which is a model that GRAFT can easily support given n:n nature.

I am also sorry, but unless GRAFT can generate a built in wallet Visa Card, then it is not like Visa or MasterCard. If you cannot program a payment gateway into your app, then you are ALREADY BEHIND and you will lose to SQUARE and BITPAY and even PUNDIX because while you're twiddling your toes and shilling old books about hacking it in crypt o, those projects are being transparent and successful by getting things done RIGHT NOW.
Businesses are already stocking up on Bitcoin and entire companies that are accepting BITCOIN are involving themselves in trading operations to increase quarterly results. WHERE ARE YOU Huh