Graft: Your everyday payment solution

in #graft20177 years ago

GRAFT

Graft is a non-profit, global,blockchain-based, open-sourced, and decentralized payment gateway and processing platform designed for everybody for their everyday uses .

It's the most efficient payment solution with the lowest transaction fees and fastest transaction time.

Although the cryptocurrency economy might be booming, it's not fulfilling it's original purpose.

Cryptocurrencies are designed to combat the weaknesses of normal currencies and they're supposed to be the modern form of payments.

But are they fulfilling their purpose of their currency right now?

Are they being used for daily trade?

The answer is NO!

Due to astronomical fees and day-long transaction times, it's pretty inconvenient to use cryptocurrency as a means of payment in our daily lives.

Consider this...

Would you buy burger or anything worth 10$ when the transaction fee of bitcoin itself is 15$ ?

It's a pretty stupid thing to do if you do so. Not to mention the transaction times are so long that you'll grow a full beard while it's being processed.
There are other altcoins which are a bit faster but still the average transaction fees range from 0.5$-5$ per transaction and that's still a pretty large sum for small transactions. People would rather use cash since there are no transaction fees except a little bit of energy wasted in putting your hand in pocket and handing the cash over to the merchant.

GRAFT aims to solve this problem by introducing extremely low fees and fast transactions.
The transaction times takes an average of 3 secs to complete and the fees cost about 0.01$- 0.02$.
It's a non-profit and open source organization based on a decentralized platform so it's extremely safe and secure to use.
Visit https://www.graft.network to learn about it more.

https://steemit.com/cryptocurrency/@originalworks/150-steem-all-languages-sponsored-writing-contest-graft

graft2017

Sort:  

This post has been submitted for the OriginalWorks Sponsored contest!
You can also follow @contestbot to be notified of future contests!