As far as humans are concerned, any easy way of doing things is always welcome. That is to say, any platform which is willing or rather capable of giving users the ability to carry out things, like paying for services without really visiting the platform in question will always attract the attention of more individuals.
To make it more understandable, imagine going to an eatery or restaurant without any fiat currency, but just your smartphone. And after eating you pay with digital currency (cryptocurrency) and off you go. Wouldn't that be interesting? In fact, to make it more interesting, after paying with the digital currency in question, you also get rewarded which you can still use to pay for more meals maybe another time.
This is what a platform known as LivenPay aims to bring to the crypto space and the world at large.
But, it is worthy to give honour to whom honour is due; it is right to give reference to blockchain technology and as such cryptocurrency. Blockchain has succeeded in disrupting this current era in many ways, thereby equipping developers to be able to develop amazing products and services or enhancing already existing products and services which LivenPay is among.
But despite all the opportunities associated with cryptocurrencies, its growth is being limited by certain issues such as;
a. Price volatility which ends up keeping investors at bay,
b. Lack of usability and compatibility which ends up making it hard to be incorporated into already existing payment systems.
Thus, in order for LivenPay to succeed in making it possible for users to use cryptocurrency in its already existing network, LivenPay aims to solve the aforementioned issues.
WHAT LIVENPAY AIMS TO ACHIEVE
LivenPay is an already existing network with 400,000 users who are carrying out transactions in 1,000+ areas in Melbourne and Sydney.
As prior expressed, blockchain innovation was consolidated into LivenPay hence making it progressively effective and dependable for solving underlying issues.
LivenPay being a current versatile or universal payment platform, therefore, intends to use blockchain innovation hence having the capacity to tackle the previously mentioned issues.
Through LivenPay's platform just as with its system of users and merchants, issue of price instability will be settled through an extraordinary conversion rate where each LivenPay's token available for use will have an acquiring power which will at that point make it be utilized inside the platform.
Moreover, as LivenPay additionally remunerate its users when they pay for a meal, this reward dispersal will be done by means of decentralized smart contracts, consequently guaranteeing satisfactory practices. Similarly, the token earned through this way can also be given to the philanthropy or charity associations.
Additionally, issues of an absence of consolidation with financial systems will be unravelled through the creation of crypto payment gateway. This payment gateway will be very hidden from the eyes of merchants, the aim of this is, they will not know the currency they were paid with as they in question will always receive fiat as payment and through this way, retail level adoption is also achieved.
LIVENPAY SUCCEEDS WITH BLOCKCHAIN TECHNOLOGY
With blockchain, below are the possibilities within LivenPay;
In LivenPay platform, customers make their payment with LVN which is then changed over to fiat and paid to merchants. Merchants are also free to request for LVN token.
LivenPay offers a transparent conversion rate through which LVN can be changed over to fiat along these lines removing price volatility.
LivenPay additionally offers a platform where users give their LVN token to charity organizations, as LivenPay platform will be an effective fundraising channel.
LivenPay also aims to accomplish publicly supported liquidity and volume via its token, how? Through LivenPay platform, LVN tokens can be utilized to pay for food in numerous areas as it will be effectively available to all users independent of area.
The LivenPay platform will be user-friendly so that merchants who lack the appropriate knowledge of technological innovations won't pass up a major opportunity.
CONCLUSION
As LivenPay intends to use blockchain, LivenCoin or LVN will be the token of the platform. LVN will be an ERC20 utility token with an absolute supply of 10,000,000,000.
With LivenPay users will be able to carry out amazing adventures in the world of blockchain technology.
LivenPay being a platform based on a current system of huge users and in excess of 1,000 physical businesses, will structure its ecosystem so that its merchants won't have to change their already accustomed way of doing business.
LINKS FOR MORE INFORMATION
Website: https://livenpay.io/
LinkedIn: https://www.linkedin.com/company/liven/
Telegram Group: http://t.me/livenpay
Twitter: https://twitter.com/livenpay
Facebook: https://www.facebook.com/livenpay
Medium: https://medium.com/livenpay
Whitepaper: https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper(EN).pdf
Bitcointalk Username: Brimmey
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2450427
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