How Blockchain Can Disrupt The Payment Market — Opportunities With AIGOPay

in #bitcoin5 years ago

One of the main objectives of the blockchain movement has been to distribute opportunities by actualizing a complete realistic decentralization of systems. And one of the reasons the impact has been so effective is because many of the powerful institutions just failed to recognize the potential of blockchain technology and left much of the opportunity in developing blockchain products open to the masses.

While blockchain technology is supposed to pioneer complete transparency and decentralisation of opportunities through the use of digital currencies, cryptocurrencies have failed to become usable in daily needs and that has been the cause of why majority of crypto coins only flow on trading exchanges. Speculative trading is popular in cryptocurrency because of the volatility that is peculiar to this market.

The amount of hype that this market has attracted at the moment is an opportunity to make cryptocurrencies useful in daily life. After a long wait, a startup blockchain project, AIGOPay, has surfaced with a protocol that could finally propel cryptocurrencies to a proper means of value transfer.

An Opportunity for Developing Nations

AIGOPay had recently completed the two phases of its IEO pre-sale on VinDax, and sold 22% of its sale allocation. This means that the company is saddled to launch the most powerful disruption in the current payments market.

AIGOPay intends to utilise the AIGO AI-payment chain protocol to process payments of cryptocurrencies with very little fees. But putting the amazing value-additives of the protocol aside, AIGOPay is bringing a massive buying power of the cryptocurrency community to the physical world. Early adopters of this project who are willing to partner up with the company will have access to a major, exclusive market. If the current trend and resurgence of the bull run continues, AIGOPay will most likely not attract partnership interest from the reverred giants of consumer products. Instead, new start up companies, quite possibly from developing countries, will accept this opportunity to make themselves the selected few early providers of a $300 billion dollar buying power.

In this current age of e-commerce, where new innovative ideas and business concepts are springing up daily, and with cross border shipping becoming very easy to sustain, we could see huge numbers of consumer products arise and utilize AIGOPay network to process their payment transactions. AIGOPay is an opportunity for the ambitious in the world's developing countries to secure access to a huge market and to embrace this first-mover advantage to develop a level of growth that would otherwise have seemed a fantasy.

AIGOPay makes all forms of cryptocurrency payment possible and in an easy way. The company also further incentivize it's partners by allowing them to capture lower transaction fees as compared to traditional card networks. AIGOPay offers the transparency and security of the blockchain together with an easy way to process payments.

AIGOPay's Push-payment

AIGOPay network has the capability to take cryptocurrencies to usage in daily life. Yet that's not its major goal but rather a side benefit. AIGOPay is a push-payment protocol (that will utilise the AIGO AI-payment mechanism) with AIGO token as its native currency. The principle behind push-payments is that payments are initiated by the sender and currency deducted from your wallet, very similar to the traditional payment transactions. This will allow AIGOPay to develop an extremely versatile payment network despite using a cryptocurrency. AIGOPay can support any form of payment — from one-time payments to recurring subscriptions, meaning the network can serve the needs of anybody.

The deciding factor behind the success of AIGOPay is that the network creates the most direct payment method possible as much of the middlemen involved in traditional payment card networks are removed. In addition, AIGOPay's reliance on push-payment protocol makes it a superior option for businesses as it take away their exposure to chargeback fraud and expenses.

Highlight

AIGOPay is a disruptive payment protocol, one that is highly desirable by businesses due to its low-expense transaction fulfillment and removal of the many intermediaries involved in card networks. The network also eliminate chargebacks costs. Such menu of benefits is what makes the product so desirable. AIGO token play into the equation because it is the native currency of this payment network. And businesses will adopt the protocol to yield the benefits in their payments and transactional flow and utilise the AIGO token alongside.

Official AIGOPay links

Web: https://aigopay.tech
Whitepaper: https://drive.google.com/file/d/17K2inOew076KJ_iTKL3n4g0tDz8JXUf0/view
Telegram: http://t.me/aigo_global
Twitter: https://twitter.com/aigopay
LinkedIn: https://www.linkedin.com/company/aigopay

My Connect

Negusa Negast: https://bitcointalk.org/index.php?action=profile;u=2493216
Eth: 0xA71F37ffc493b495a22Ffb60C51D1B79416DFFDf

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