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euodiasuryani
5 лет назад

SAPPCHAIN, Innovating Messaging and Payment System

Major Challenges

SAPPCHAIN INTENDS TO SOLVE

Privacy and security expectations as 6 technical criteria:
• Privacy of the content (Security)
• Privacy of metadata (no end to end encryption)
• Authentication
• Anonymity
• Resilience of the network
• Transparency

So, this is the solution


SAPPCHAIN team have built up a multifunctional messenger, which is depends on the integration of blockchain and Artificial Intelligence, the architecture thereof is based on P2P communication, distributed data storage in IPFS and end-to-end encryption.

Built on Ethereum, SAPPCHAIN is a multifunctional decentralized instant messaging app
Blockchain (ERC-20). This decentralized file sharing to distribute messages, SAPPCHAIN hosts data and protects user privacy by using the blockchain for file storage. Also build up a decentralized ecosystem integrated with a global coin (token) i.e. SAPPCOIN for end users. This smart solution will empower the entire network to chat securely, and make transactions with a seamless execution process.

Vision of SAPPCHAIN project is to present a new messaging and payment system that is built to to give solid blockchain based tokens, which thus encourages the consistent exchanges and payment system. It is structuring and building up a decentralized ecosystem integrated with a global coin (token) i.e. SAPPCOIN for end users.

SAPPCHAIN stands as the viable alternative option for users around the world. Private messaging; chat messages, stickers, files, videos, images, etc. The money transfer, on the other hand is powered by Bitshares.

SAPPCHAIN aims to build a new universe of communication with faster, more secure and private communications.
The mission is to make the application more transparent and application accessible to as many people as possible..

THE MARKET OPPORTUNITY

The global mobile payment revenue in 2015 was 450 billion U.S. dollars, and is expected to exceed 1 trillion U.S. dollars in 2019.
In the fourth quarter of 2016, mobile e-commerce expenditure in the United States amounted to 22.7 billion US dollars.

Technology

BLOCKCHAIN

Blockchain technology empowers a record that can be gotten by all parties involved in the transaction, and can act as the universal irrefutable depository of all transactions between involved parties.

Blockchain is a technology for store of a transaction is organized in so-called blocks. The sum of several blocks makes up a chain; a logical sequence of transactions. Every transaction contains a time stamp and is secured by a crypto logic process. This chain is somehow like we know a database, but continuously updates information. This secure because all changes are recorded and encrypted, in real-time and in an audit proof manner. With the consensus principle all members of the network can verify transactions at any time.

GLOBAL AI GROWTH

The Global Artificial Intelligence is estimated to reach $43.2 Billion by 2024; growing of 59.8% from 2016 to 2024. New technologies, reduced size and increased speed is best for the computer world. Same with as artificial intelligence.

Artificial intelligence as we can say act or can behave like a human mind. Their using multiple area such as media and advertising, healthcare, manufacturing, retail and automotive, computer science, linguistics, mathematics, biology, psychology, and engineering.

SMART CONTRACTS

In SAPPCHAIN, every single agreement done between two parties will be signed through smart contracts.
Smart contracts provide transparent procedure of showing the secured and decentralized AI transactions, automated, low-fee transactions that provide a higher level of security.

ERC 20

The SAPPCOIN utility token will be built on the Ethereum token. It is being used here to
replace the payment system for all transactions.

TECHNICAL ARCHITECTURE

General Objectives

• To build a best ecosystem with adoption to blockchain.
• To be the most practical and simple to utilize stage to encourage end clients and experts.
• To accelerate mass adoption and increase trustworthiness of cryptocurrency market.
• To put the power of cryptocurrency in the hands of the users without the technical
intricacies that surround cryptocurrency technology.
• To make an application for correspondence in a system that won't rely upon servers, and will not be influenced by government structures. Sappchain combines a high level of privacy and
security of user data with the most powerful functionality –the Blockchain integrated with
Artificial Intelligence.
• To build fully decentralized encrypted private messaging
• To build a secure smart wallet that allows the transfer of money and cryptocurrency coins

KEY ADVANTAGES OF SAPPCHAIN ECOSYSTEM

  • Free: SAPPCHAT App is free
  • Decentralized: platform is decentralized through blockchain technology.
  • Blockchain Powered: utilizes Ethereum-based Blockchain technology, smart contracts
  • Artificial Intelligence Powered: With this unique feature, users can better understand who they are chatting with, which will invariably improve their chatting experience.
  • Anonymous: SAPPCHAT App is the most secure communication end-to-end encrypted
  • Multi Device Support
  • Highly secure: SAPPCOIN protects user’s data from hackers with the integration Blockchain technology.
  • All-in-one solution: The SAPPCHAIN Network is an all-in-one solution, featuring instant messaging, voice and video calls, but also a secure crypto wallet, instant money transfer, and users can access the network through the user-friendly SAPPCHAT App.
  • Automated encryption
  • Perfect Business Solution: SAPPCHAT has integrated top notch security to ensure safe business communication
  • Anonymous MasterCard: the opportuneity to withdraw their money from ATMs anywhere in the world.
  • Free Instant Payment/ Transfer of Currency (EUR/USD/GPD/…) in Chats

SAPPCHAT APP FEATURES

  1. Secure Cryptocurrency Wallet
  2. Voice Call
  3. Screen sharing
  4. Secure Chatting
  5. Group conferencing
  6. Voice message
  7. Instant Messages
  8. Group Calls
  9. File Sharing
  10. QR code feature

BENEFITS OF SAPPCOIN FOR TOKEN HOLDERS:

Sappcoin services in SAPPCHAT include the following:

  • Interactions with our AI Assistant for comprehensive user experience.
  • SAPPCOIN will be utilized for purchasing service upgrades within the ecosystem.
  • SAPPCOIN will be utilized for incentivizing users for different rewards systems.
  • With the masternodes integration, users can stake their coins, acquire every day extra SAPPCOIN into their wallet.
  • With SAPPCARD, SAPPCHAT users can withdraw their money from ATMs and still have the possibility to spend their money and cryptocurrency online, at retail stores, or send the money through text messages in an a simple, secure and quick way.

ROAD MAP

Competitive Analysis

For more information you can click here:
Website : https://sappchain.co/
Whitepaper : https://sappchain.co/wp-content/uploads/2019/05/sappchain_whitepaper.pdf
Twitter : https://twitter.com/SAPPCHAIN1?lang=en
Telegram : https://t.me/sappchain

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Disclaimer: All information on this post is to give info for our readers. Thank you.

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