PAYPORTAL:BILL PAYMENTS AND MONEY TRANSFERS

The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is PAYPORTAL

The Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner. The platform is utilizing the advantages of personal computers and smart phones, IOS and Android apps are available. The project's goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.

THE PAYPORTAL PLATFORM

The Payportal platform connects service providers such as banks, mobile operators, digital TV operators and utilities with public through a WALLET. A wallet number is linked to a mobile number of the owner.

In this way, the possibility of making payments on accounts, and the same money transfers are fast and safe. The wallet provides a large number of features online.

Access can be obtained through a personal computer or smartphone

PAYPORTAL & BLOCKCHAIN

The use of blockchain technology is one of the most important tasks for further successful development of the platform.

The decentralization of the server makes it possible to keep the wallets safe in the event of a hardware crash or attack by hackers.
Since PayPortal has the best practices for internal remittance, we plan to implement this part of the project on the basis of our own PPTL coin with key lock and cryptography.
PPTL coins will be accepted as a means of payment and will be converted into Indian rupees for the final stage of the transaction.

To develop the Payportal platform further, the developers have decided they need to utilize the blockchain technology. Some of the advantages will include server decentralization. It will ensure that wallet data is kept safe in case hackers get into the systems.

Besides that, they plan to utilize the blockchain to facilitate the transfer of money across international borders. This service will leverage the money transfer expertise that the Payportal team already has. To achieve their goal they intend to create their own digital currency dubbed the PPTL coin. These coins will be accepted as a means of payment and are converted into Indian rupees at the final stage of the transaction. All fees will be paid in the PPTL coins.

Distributors will play a major role in the transfer of PPTL coins. They will purchase tokens in the OTC market or exchange and transfer funds via a smart contract to the company’s wallet. The transaction will contain the wallet number of receiver and value of coins.

PAYPORTAL BUSINESS MODEL

The Business model represents how payportal creates a viable environment by establishing a relationship with mobile operators, utility operators, banks for receiving and processing on-line recharges. Bill payments and also domestic Money transfer to customers bank accounts from the market. With Major distributors in Delhi, They can deal with their retailers appointed independently or by payportal.

Token Sale and ICO

Payportal is planning to launch their project by offering people the opportunity to invest with them by launching the Payportal Token(PPTL). The PPTL is an ERC20 utility token which will allow investors show their affiliation with and support of the project.

There will be 20 million tokens produced. 14.5 million Tokens will be sold to the masses. They will be sold at the price of 1 token = 0.002 ETH. The project has a soft cap of 3000 ETH and a hard cap of 24000 ETH.

The private sale has already started, and it will end in 18 days. The date for the ICO will be announced after the private sale. Tokens will be non-transferable until the ICO ends. The ICO is expected to last until July 15, 2018.

Token And Ico Information

Token Name: PPTL Token (PPTL)

Platform: Ethereum

Token Type: ERC20

Total supply: 20,000,000 PPTL

For sale: 14,500,000 PPTL

1 Token = 0,002 ETH

Softcap: 3000 ETH

Hardcap: 24 000 ETH

After burning unsold tokens, the Payportal will issue its own cryptocurrency called PPTL coin (PPTL) in the equivalent of existing Payportal Tokens at the end of the ICO. Payportal Token holders will be able to exchange Payportal Tokens for PPTL coins at the rate: 1 Payportal Token = 1 PPTL coin. PPTL coins, later, will be listed on several stock exchanges.

Token Emission and Distribution

Benefits to holding PPTL tokens

Potential Appreciation in Value The potential for increased profit over time and growing demand from retailers and distributors as a result of the redemption of loyalty bonuses, fees, cross-border money transfers provides the basis for potential value appreciation over time. Provision of additional services based on the PPTL coins to retailers and online wallet users will increase its total demand. Transfers We expect that PPTL coins will be exchangeable for fiat currencies and other cryptocurrencies.

Roadmap

2018 Q2