Request is a layer built upon Ethereum which disintermediates payment requests.
The Request protocol aims to formalize financial flows on the blockchain by setting the standard for payments, invoicing, accounting, and auditing in cryptocurrencies, so that crypto-enthusiasts can invoice, get paid, and get their salary in crypto.
Every time you receive an invoice, a receipt, or make a payment online, a third party is used to generate and share this request. This third party is usually PayPal, Stripe, or any accounting software.
In the near future, instead of using a third party, you’ll create your request directly on the blockchain which will enable a seamless payment experience.
Here is how it would look:
Recent price action:
Project Colossus is Request's first project that will be coming out. In two weeks they will be releasing this to the Etherium testnet!
For the full article visit: https://blog.request.network/request-network-project-update-december-8th-2017-financial-flows-management-request-colossus-ef62fed295c0
You can trade Request on Binance or KuCoin. KuCoin is the second largest exchange trading Request. It also has its own token KCS (KuCoin Shares) that, like BNB, reduce fees, but it also will pay out a portion of the fees collected to KCS holders.
If you want to check out KuCoin and support me, sign up with my referral link https://www.kucoin.com/#/?r=E5i24V.
To a good future for Request :)
