Introduction:
E-payment has grown exponentially over the past 50years but this has come with different problems, the centralized organization are now making rules and regulations to suit their own selfish interest,inefficient payment innovation, complicated payment rate and high risk.
A new form of E-payment has arise since the evolution of the crypto currency which is linked to the blockchain technology which is rising do quickly at a recommendable rate and it's good to say that the future is all reading crypto currency, so how can we find solutions to our various payment crisis.
Alchemy:
Alchemy is a decentralized payment platform based on the blockchain technology that will provide a fast, secure, convenient and flexible global payment solution, the will use the smart contract payment agreement to ensure transparency, Alchemy stands a chance because it understands the payment industry and operational experience, the know the global payment Technology trend of wallet payments, coporate funds collection etc.
Some of the features of this platform are;
• The use of lightning network technology for efficiency.
• The have decentralized operational network.
• The have a self evolving ecosystem that is open for innovative technology company to join.
• The have an anti-money laundry program for differ countries and region.
• Flexible, convieniete and secured.
The E-payment industries especially the centralized system or traditional ones comes with many and different problems, some of which are due to their own interests, problem such as;
• Complicated and blurry rules
• Inefficient dispute management
• High fees
• Large number of transaction cannot be processed efficiently
• Cross border transaction cannot be processed
This is Just and highlight of the problems the local E-payment institution have. With the blockchain technology there also a few twitch that arises like the;
• Infrastructure issues of the blockchain technology.
The point is this that the problems in the E-payment industry are much and it needs a quick and lasting fix which can be provided by Alchemy.
Alchemy provides the solution to these problems because it aims at making all the E-payment industry accept an adopt the Blockchain payment Technology fully, the will provide the efficiency of cross-border payments at minimal cost, the will also provide a faster, more secure way customers can make payment all over the globe. All this can be achieved by Alchemy because it use Blockchain technology and smart contract as its black bone.
Advantages of Alchemy:
By Decentralization: By deploying the decentralized technical structures along with the necessary operations and governance mechanism will help cease the pains of working with traditional centralized payment network like MasterCard and unionpay etc..
Security: it's a trust driven ecosystem using credit scoring to address the payment security issues and other issues such as phishing, fraud, privacy violation.
Low cost and High efficiency: With the cumbersome process of operating an E-payment network and high efficiency is required and thanks to blockchain technology Alchemy will provide an highly efficient E-payment network at a lower cost.
Local currency exchange: If you been to a foreign you can agree with me the process of changing from your country's currency to the local currency of the country your in is rather stressful but with Alchemy comes the solution to local currency exchange by exchanging your currency to another of the foreign country you are in quickly and effectively.
Token:
The Alchemy Token is the ACH, all transactions done within the Alchemy platform will be with the use of ACH token.
Conclusion:
As the need for a good E-payment platform rises, alchemy has step up to take the challenge with its Advance Technological platform and decentralized system, Alchemy stands as a giant to solve all problems of E-payment, giving you a safe, secure, fast payment solution above all at minimal cost, so why wait? Join Alchemy now and start purchasing their token early.
To have more details regarding this platform, please do check the link.
Website: https://www.achpay.org/alchemy_english.html
Telegram: https://t.me/alchemy_official
Whitepaper: https://www.achpay.org/static/files/V3.8_WP-E_Alchemy_20190906.pdf
Medium: https://medium.com/@alchemyGPS
Facebook: https://www.facebook.com/AlchemyGPS/
Twitter: https://twitter.com/Alchemygps
Telegram: https://t.me/alchemy_official
Authors Details
Bitcointalk username: knowelsB
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2439436;sa=summary
