PumaPay - Token and System Already Live

in #ethereum6 years ago

This was an ICO, i dont remember if i wrote about it or not but now that it ended wit ha success lets have a look on the project.

To be clear trading didnt start yet and im not sure if tokens are transferable (think not) so we will just check product and its future not exchanges.

Wallet is already on Google Play - https://play.google.com/store/apps/details?id=com.pumapay.pumawallet

Description

PumaPay's open-source Pull Payment Protocol is a comprehensive blockchain solution which offers robust payment mechanisms far more credible, efficient, flexible, cost-effective, and scalable than current implementations (credit cards). Unlike today's payment methods, which include credit cards and virtual coins like Bitcoin, the Pull Payment Protocol was designed from the ground up specifically to overcome existing hurdles and offers a set of tools developed to facilitate onboarding processes for both businesses and individuals.

Video


Technology wise it looks easy and amazing to try. They allow not only lets say company A send tokens to company B but also allow company B to pull tokens from company A (based on smart contract of course). This way for example if somebody is not paying you money that he should you can take them yourself if rules of contract are met.

This allows ie recurring payments (main thing that crypto miss!) to work and many other things. Main advantage of credit cards and Paypal are subscription and this fixes the problem.

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So lets wait for this to hit exchanges and see how it goes, technology looks really good.

Website: https://pumapay.io/

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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@kingscrown This is a very interesting, Puma Pay is solving problems as useful for businesses, individuals and much more.
Thanks for share.

Such an interesting post.I think it's good concept,carry on.Thanks for sharing with us sir.

Great article, thanks for sharing. I've smashed the upvote button for you and will check out pumaPay.

Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.

This is one of those, could be GREAT! could totally suck... it all comes down to the actual implementation. And that has more to do with the interfaces to the other things that will make up the ecosphere this coin tries to build.

Good find. Thanks for sharing.

I like the concept. I think it's worth a shot from an investment perspective... I expect great response to it when it hits the exchanges

What is the functionality of this application and where is it use .is this helpful in all cryptocurrency ?? I have little bit bitcoin and steem dollar.

Just from the video, it looks like a great concept. Great use-case too. It's something that can actually be used and it's a solution to a current crypto problem. We'll see where it goes from here. With that kind of funding, they should be rolling out updates left and right. Haha

Beautiful idea。

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