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A NOVEL APPROACH TO BUSINESS TRANSACTIONS USING ALTERNATIVE YET EFFICIENT AND RELIABLE METHOD ON THE BLOCK CHAIN LEDGER: THE PUMAPAY INNOVATION.

12tribesFeb 22, 2018, 1:38:19 PM
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From the Arctic to the Antarctic, the world over is fast becoming a global village accessible via the internet. Computers, smartphones and every smart device is been employed to get connected to events around the world. The days are here where fiat currency is experiencing a steady displacement by the nascent yet evolving and daily expanding cryptocurrency influence. Fiat currency was until some few years ago enjoying huge patronage from the governments of the nations around the world to the ordinary man on the street. However, the game change began when it became clear that carrying physical cash was becoming dangerous, time consuming and expensive. Then came the idea to do transfer of cash via the internet and while this didn’t actually displace cash, it limited its contact and fiat money became less seen. At this stage, the idea of the Automated Teller Machines also known as ATM was introduced to decentralize financial activity of cash withdrawals around banks. Then came the introduction of the cashless policy which was introduced to not only limit the presence of fiat money but to eliminate it altogether. Credit/Debit cards were innovated and introduced with the details of the holder embedded in a chip on the card. Details ranging from the name of the holder to the account type, to the amount the holder was holding in his/her account could be read at these ATMs. This certainly was revolutionary as the financial space experienced a radical transformation and became digitalized.

Then in 2009, the pseudonymous Nakamoto Satoshi introduced the whitepaper of the bitcoin – a system of virtual cryptocurrency payment to completely takeover the financial space of doing business. It indeed was revolutionary. Some financial pundits at the time laughed and even kicked against the idea (as some people are still doing) but today, the cryptocurrency world is birthed and has come to stay.

PumaPay is a venture backed crypto financial services and blockchain technology. With the nascent yet evolving and dynamic cryptoworld, it is daily becoming inevitable not to have more efficient and cost effective channels for business transactions. Pumapay is a payment protocol whose operational and service architecture is built from the scratch up to enable users have access to a wider variety of transaction options using tools on the system at the same time ensuring that the transactions are safe and the method is reliable. The cryptocurrency world though revolutionary, is constrained in the number of transactions it can readily perform under minimal time factor when the system experiences a huge client request because the authentication process becomes lengthier.

Pumapay runs on a type of protocol known as the PullContract; a novel approach to solving the hydra headed challenges which are daily encountered by a wide range of clients.

Let it suffice to say at this juncture, that the team behind this innovative and ground breaking system completely understands the solution it is bringing to the table. With vast experiences in their paths of career and proven inputs in their various fields of endeavour, there is no doubt that the Pumapay solution will not be cognitive yet simple to use and reliable. As crypto currency becomes widespread, the Pumapay solution in developed and developing nations will grow the crypto ecosystem. It will become a better and faster option to credit cards at the same time become cheaper and friendlier to the Joe Blog on the street as the card fees and transaction fees are completely eliminated.

Achieving this feat however, will require vast resources and a combination of cutting edge technology and dedicated personnel to ensure the seamless operations desired when the system eventually comes to use.

Pumapay is convinced that if this solution becomes widespread, then the portal or interface between fiat currencies and cryptocurrencies will become a reality providing access to breakthroughs in the financial sector and to achieve this, a new crypto asset, the PUMAPAY TOKEN (shortened as PMA) will be launched to be compatible with the ERC223 platform over the public Ethereum. Upon launching, holders will enjoy but not limited to the following benefits: Instant pay per use, single pay offline, restricted payments, shared payments and so on.

Early birds during the Token sale event will see beautiful bonuses ranging from 100% on the first day of the sale to 10% on the 12th day of the sale, after which there shall be no more bonus for participants or contributors . PumaPay Tokens will be available for purchase on our sale site https://ico.PumaPay.io commencing March 22nd, 2018 at 12:00:00 am (UTC) and for a period of 15 days. The PumaPay Token will be sold at a fixed price denominated in ETH and the total number of tokens will depend on the quantity of PumaPay Tokens sold such that the total amount of tokens sold during the TGE will comprise 30% (Thirty Percent) of the total PumaPay.



While a number of countries are yet to officially announce the acceptance and adoption of cryptocurrencies, either due to ignorance of the potentials or uses of this type of currency or a deliberate move to hold tenaciously to authority, significance and benefits. It follows that one of the ways to increase the acceptability of the cryptocurrencies is by increasing the number of crypto based solutions like the PUMAPAY as this will offer tremendous opportunities to buying, selling and transferring funds all in the shortest possible time in a safe and reliable way. Crypto ATMs running on the PUMAPAY architecture will certainly be a platform for the unbanked and underbanked consumers to access platforms, pay for goods, services and strengthen the ever dynamic and growing crypto ecosystem.

Below is an overview of the roadmap for the Pumapay Project


 It will be a wonderful and fulfilling event and testimony when you partake in the Pumapay project.

Welcome to the innovative way of payment of the blockchain ledger!!!

Welcome to PUMAPAY


For more information please contact:

https://pumapay.io/

https://bitcointalk.org/index.php?topic=2658558.0

https://twitter.com/PumaPay


Authored by:

https://bitcointalk.org/index.php?action=profile;u=1221082