GRAFT

Category: Cryptocurrency | Finance | Platform

About

All Payment Technologies Combined Together

Most merchants are unable to accept cryptocurrencies without a third-party payment processor due to the uniqueness of the way blockchain networks process transactions, which is conceptually different from traditional electronic payment methods such as payment cards or Paypal. The overall concept of plastic card payments has become outdated, although the technologies developed around them have accumulated an enormous amount of merchant experience and user trust which cannot be abandoned overnight

Merchant Payouts in Cryptocurrencies or Local Fiat Currency

Graft will support Bitcoin and several major cryptocurrencies as both an additional choice for buyers as well as an acceptable method of payout for merchants. These features will eliminate the need for the merchant to integrate with multiple (centralized) payment software providers, and for the user to sign up for centralized services in order to learn and maintain multiple wallet apps. Merchants can decide to receive their proceeds from transactions in a cryptocurrency such as Bitcoin or a local fiat currency. In this case, the output of the transaction will be processed by a service broker,

Accept Cryptocurrencies and Credit Cards

In order to provide the best user experience for buyers and better conversion rates to merchants, Graft payment transactions can take various convertible cryptocurrencies or local fiat currencies in a form of credit/debit card as an input. Automatic instant conversions will help in the adoption of Graft payments by mainstream users who are not familiar with cryptocurrency ecosystems or those who still feel more comfortable with traditional method of payment, but seek better security, privacy, and full anonymity in their transactions

Credit and Loyalty Card Features

From low-interest credit based on peer-to-peer lending, to loyalty programs run by merchants, Graft provides a dynamic platform which can be leveraged for a variety of creative services and workflows

Milestones

  • 2017 October
    Network up, Mobile POS and Wallet
  • 2018 January
    Implementing "default" Exchange Broker by Graft Foundation
  • 2018 April
    Implementing "default" CC Authorization Broker by Graft Foundation
  • 2018 July
    Retail POS integration Graft POS terminal and Graft Debit Card
  • 2018 October
    Graft Disbursements
  • 2019 January
    Graft Credit with Community Lending
  • 2019 May
    Merchant Coin, Gift Certificates, Loyality program

Team

Board of directors

Slava Gomzin
Founder
Dan Itkis
Founder
Ilya K
Expert in C++/Qt cross-platform development

Advisors

Yulia Kadulin
COO, UkrSibbank BNP Paribas Group
Oleg Buzinover
CFO, SmartRg
Boris Itkis
Principal Engineer, SonicWall
Jason Gershenson
Attorney at Law, Speaker
Mitchell Cobrin
AnywhereCommerce global mPOS and omnichannel payment platform, Co-Founder

Team

Vitalius P
PhD in Computer science
Brad Gleeson
Serial Entrepreneur.

Financial distribution

1% Pre - Sale
5% Public Token Sale
8% Founders & Team
4% Go-to-market Promotional
27% Reserves
55% Main Emission through Mining

Whitepaper

Contacts

Graft Payments

United States


info@graft.network

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