Nupay

Nupay is a blockchain startup from South Korea and the development team aims to erase the boundaries between the world of crypto currency and classic Fiat money. The creators of the company want as many people around the world began to use crypto currency in everyday life.

Problems of modern crypto currencies

Bitcoin, as the first crypto currency, appeared more than 10 years ago. Over the years, it has proven its reliability and security, gained huge capitalization and showed good volatility. However, neither he nor any other crypto currency could not today become a common means of payment.

The problem is the low scalability and speed of transactions in popular crypto currencies such as Bitcoin or Ether, and on the other hand a small amount of resources, experience and reputation among young projects that would like to make crypto currency a convenient means of payment for everyday life.

Some companies go on the way of creating Bank cards and accounts secured by crypto currency, someone installs terminals for buying and cashing out crypto currencies and so on. However, to date, there is still no coin that has become a common means of payment.

The decision from the company NUPAY

The NUPAY project, based in South Korea, plans to rectify this situation. In order not to break the wood and avoid the mistakes of their predecessors, the development team conducted a large study of many other crypto startups that tried to introduce digital currency into everyday use.

The creators of NUPAY decided that it is not necessary to concentrate on any one direction or sphere of application of crypto currencies, but to develop everything at once.

To solve its tasks, the NUPAY team created a crypto currency token TPCT, which is based on the Ethereum blockchain and has an ERC 20 token standard, but with fixed scalability problems that are currently on the Air.

Using this token, the creators of NUPAY plan to create a global ecosystem for entrepreneurs and their customers, providing services such as:

Acceptance of payments in crypto currency in online stores
Ability to pay for purchases with digital money offline, in
partner stores that join in NUPAY
Issue of own Bank cards with support of crypto currency
accounts'
Creation of a global cashback system, where all users will
to return a percentage of purchases in all stores that support
the payment system from the NUPAY
Release of your own mobile application through which you can
transfer crypto currency and pay for purchases in various stores,
both online and offline
Ability to make payments with digital tokens via SMS and
scan QR codes
Looking at this list, it becomes clear that the intentions of the developers are the most that neither is serious. They plan to create a global infrastructure in which every entrepreneur and user will benefit from the use of the NUPAY payment system.

But at the same time, the whole crypto community will benefit, as more and more people will be involved in the use of crypto currency thanks to NUPAY.

If you are interested in this project, you can support its creators by participating in their ICO or bounty campaign for TPCT tokens. However, before that it is better to get acquainted with their official website and documentation provided in White Paper.

Group in Telegram - https://t.me/NUPay_English_Comm
Official Facebook - https://www.facebook.com/NUPayKorea/
Official Twitter - https://twitter.com/NUPayTeam
Official medium - https://medium.com/nupay
Nupay Website: http://nupaymentalliance.com
TPCT ICO Website: http://tpct.io
Whitepaper: http://tpct.io/filedownload_white.php?lang=en
Author:
Den455
https://bitcointalk.org/index.php?action=profile;u=1725951
0x295aca7dDA69533Ca78410Da4fcC5EE2BAFd1545