Bitcoin pulse, guides and news: NUPay — The New Crypto-Payment Platform

Tuesday, May 14, 2019

NUPay — The New Crypto-Payment Platform

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WHAT IS BUSINESS NETWORK?

Business network is a type of business social network that is designed to help business people connect with managers and other entrepreneurs to promote their business interests, creating mutually beneficial business relationships. Business networks are a way to use your business and personal connections to help you ensure that you regularly introduce new business. There are several leading business networking organizations that make networking event models that follow them, allowing business people to create new business relationships and simultaneously create business opportunities. Professional network services are the introduction of information technology in support of business networks.

NUPAY MARKET PLACE

NUPay marketplace is a place where someone can do their business by posting everything they have and then there are among their friends who are interested in what they offer, this concept we often encounter with the name of advertising, NUPay is currently creating a social network designed to reward users who post goods and services on the platform, by using Cryptocurrency as the Payment. This platform was created with the aim of helping online businesses stay in a healthy space to truly reach customers in their locations directly.

SOLUTIONS

Blockchain Transparency; The Blockchain provides full transparency, on a secure and efficient network. All transactions on the NUPay platform utilize the TPCT token, a cryptocurrency built on the Ethereum technology.

Secure Platform; NUPay is built on Ethereum’s platform, one of the most secure platforms. Users do not need to worry about data theft or loss. Privacy is guaranteed and absolutely no data is sold to third party.

Effective Cryptopayment with rewards; On NUPay platform, business owners and customers can transact easily using the smartcard or TPCT cryptocurrency, along with reward points and vouchers.

NUPay is a platform for Cryptopayment to easily pay for goods and services using cryptocurrency without clutter that is common in many social networks and users have access to see businesses that are close to them without anyone violating their privacy. NUPay really wants to create an environment where businesses showcase their goods and services to various audiences. And they have the right to choose which business or service they want to see.

HOW WILL THE STOCK MARKET BE USED?

Everything about NUPay will be the name of the platform for people who use it. The symbol used on the platform will become TPCT and will encourage merchants for using this platform. Thus, it will be easier for businesses to interact with their customers through the network. TPCT is a form of payment given to platform users who contribute positively and who effectively use the platform and help businesses grow.

Benefits of NUpay going forward

The following elements are intended to complement the vary of the necessary blockchain machine NUPay, with the help of which entrepreneurs and customers will achieve additional benefits over present standard financial systems:

Thanks to a big determination of exceptional price methods, NUPay will additionally display extra vouchers, present cards and other reward points that the consumer can use to purchase any items and services. For example, you have purchased some items and you will be charged an quantity of 2% of the total quantity of your buy in the structure of tokens credited to your wallet. This merchandising intends to motivate and motivate customers to choose NUPay gadget as their skill of payment greater often;
Due to the blockchain network, the developers have achieved the lowest feasible Commission costs, which will permit all users of the NUPay platform to avoid full-size waste associated in most cases with massive commissions from ordinary financial systems;
In addition to the fact that the user will be capable to buy a large quantity of goods and services via a giant community of accomplice stores, technical assist will additionally inform you how you can use the interior tokens NUPay additionally in the funding plan. To do this, you solely pick the splendid part in the menu area and get all the vital assist from technical support.

NUpay payments using Tokens

The NUPay Payment platform is designed to facilitate the use of cryptocurrencies such as the native foreign money TPCT, BTC, ETH, and XRP as properly fiat currency, reward factors and gift playing cards for repayments in both on-line and offline outlets. The platform is additionally designed to encourage interaction between retailers and users, enhance outreach and reputation of merchants via consumer administration services. Merchants and corporations on the platform can accept payment from customers (customers) in cryptocurrency or different price preferences and get it transformed into fiat currency seamlessly. Users are not left out; a 2% reward of the quantity spent (regardless of the price alternative selected) on the platform is given lower back to Users of the platform in the form of TPCT token.

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Minimum Balance System

This will create a growing correlation between the Amount of their NUPay Users as well as the TPCT Token Price. Since the Number of these NUPay Users increase, TPCT Token bought amount from the NUPay Users will increase. This will eventually lead to the TPCT utility amount to raise too. For Instance, If the From 50,000,000 into 500,000,000 because of the necessary minimum balance of 5,000 TPCT Tokens. This growth will bring about the upswing of the TPCT usefulness level.

NUPay Users will be rated into different membership levels according to their own TPCT Token deposit holding amounts as well as the amount of buys. The terms for the membership ranks are as followed:

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TOKENOMY OF TPCT TOKEN

The TPCT token is the fuel which vitalizes and empowers communication within the ecosystem, not just as a way of payment but also as a broker that supports, decides, and procedures the actions that connect every part and member of their system. Therefore, the more energetic and vitalized that a TPCT token is, the greater its value increases as a result of growth in demand. The NUPay Project group will charge a maximum of 2 percent of their entire payment sum to the consumers as a TPCT token. The two% TPCT tokens are spendable; in precisely the exact same time, the greater TPCT tokens circulate and are required, the greater their value increases, providing added benefit to customers.

The NUPay Protocol eliminates transaction prices and other expensive retailer fees. Therefore, retailers will be less limited and better able to make a profit, as more consumers are incentivized to utilize its protocol The TPCT Token may be used to buy merchandise or services. The Most Critical element But, there is a significant barrier together with the usability of Cryptocurrencies from the present world. Jobs revealed difficulties in locating business partners and setting a more steady orderly Connection with the present payment infrastructure--that makes the usefulness tokens of crypto payments-related jobs to confront a barrier by using their usability. The TPCT Token was able to face this barrier and resolve the Issue of usability via the And online and offline retailers. This partnership enables the NUPay Users to use not only the BTC Or ETH but in addition the TPCT Token inside the NUPay ecosystem within their everyday life. Going farther past the point of the venture, the NUPay Team will execute the minimal Equilibrium and the consumer membership standing system inside the NUPay ecosystem to make the most of the Usefulness of this TPCT Token

TPCT Coin Design Plan

The TPCT token was created to meet the ERC-20 normal harmonious with the Ethereum network. Creating NUPay mainnet is a vital Element for the NUPay Protocol, which needs to process a number of transactions occurring at several websites simultaneously and ubiquitously inside an instant. Lower-than-ever commerce fees and real time execution. The NUPay mainnet is currently under development. Formally be implemented in the NUPay Protocol. Further upgrades and announcements will be Posted on NUpay website and communities.

5 NUpay Core Elements

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NUPay's goal is to trigger the NUPay crypto payment system. By launching NUPay, NUpay payment platform that is all-purpose, in Korea NUPay will begin In Depth payment services provided by the NUPay protocol comprise features of blockchain Technology. And subsequently expanding to other areas of the world, eventually resulting in the creation of a blockchain ecosystem that permits a global online and offline payment method by connecting retailers and users.

Payment Platform: A payment platform that is simple, nUPay, is a payment service through which users can use not just Reward but additionally vouchers and cryptocurrencies points. In addition to supporting TPCT's use Tokens, NUPay will also support other cryptocurrencies such as BTC, ETH, and XRP that they could Be readily employed. In addition to this cryptocurrencies, any cryptocurrencies that desire to Participate will be accessible on NUPay.
Merchants: With customers, retailers may benefit from interaction during NUPay Network. Because of this growth of payment procedures, such as reward factors, and cryptocurrencies, vouchers, Stores which have installed will be visited by consumers Sales, increases, and handle customers. A UI format That's easily available to anybody permit retailers to utilize and will enable client control operations to enhance. Merchants can link via the POS to NUPay Network payment can also be created through the QR code scan.
User: Consumers get 2% of each purchase in the type of' TPCT tokens' worth. The same 2 percentage rule also applies if other compatible means of payment (reward vouchers and factors ) are utilized. Rewarded Tokens are spendable in any shops which have put up the and at virtually any stores NUPay payment method. Since clients are further inspired by NUpay advantage approach to and Utilize so and NUPay raises the worthiness of TPCT tokens will, commerce volumes Boost along with the requirement for those parts on the Market.
NUpay Blockchain: NUPay Blockchain Function as a basis of NUPay, users, and merchants allot and stores all payment-related history such as account balances, transaction details, and payment addresses in a master node. This permits decentralized governance to be performed by the NUPay blockchain. The old settlement is eliminated After an agreement is reached by the community of nodes, Tender managed and will be categorized as one group by the process within the NUPay Blockchain. And ledgers are created as the latest blockchain status. The validation nodes of the NUPay Blockchain maintains the exact same ledgers that are final. Therefore, payment is provided by the NUPay Blockchain Transactions in cryptocurrencies in the same manner as current payment processes. The NUPay Blockchain resolves this issue by enabling a series of empowerment nodes to apply Some existing transaction processes. A system that carries out a precise trade with no delay or period lapse and also facilitates Every change made in the blockchain system needs a majority vote between nodes. The first Among the community of nodes. NUPay Blockchain will allow by linking to the payment gateway services that are existing Consensus every few seconds, thus guaranteeing the accuracy of the payment procedures When required NUPay blockchain and might incorporate a new network of participants and users. Bitcoin, crypto-coin, uses a PoW algorithm to facilitate an agreement between nodes. But, Designated nodes such as validation in the master node will economically verify transactions within the Bitcoin PoW algorithm isn't acceptable for payment services due to its slow speed.
NUpay Scan: NUPay Scan is a part that checks trades between NUPay Blockchains. Every verified The transaction, cryptocurrency holder's wallet, and also smart contract can be searched.

Team Member

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