TokenPay is a decentralized and self-verifying payment platform project. Based entirely on mathematics, designed to enable secure transactions between multiple parties. With maximum user security as a focal point, the system is accessed through an encrypted gateway browser.
Transactions are made with self-provided and untracked crypts called TPAY embedded with the latest and most advanced safety features. These characteristics include stealth locking systems, encrypted messages, anonymous trades and unique hashing algorithms.
Therefore, when a TPAY blockchain transaction is initialized, all parties sign with the corresponding private key. This signature acts as an analogue action for a particular public address. The transaction is automatically executed completely because of all parties to the blockchain. It is not necessary for TokenPay users to reveal their private key to anyone. As a result, transactions are conducted with full security, anonymity and without the typical counterparty risk of a conventional payment platform.
Users will have the ability to store Bitcoin and other cryptoes in a secure and insured wallet similar to what customers in regular banks provide fiat accounts. As a result, Counterparty Risk is naturally minimized with licensed and bonded banks. Token TPAY sales funds are intended to be used to complete banking acquisitions. This bank will operate in a way that will meet and understand the uniqueness of the needs of global cryptocurrency holders.
TokenPay’s platform has been designed to combine the strengths of an
established banking institution with the flexibility and future-forward potential of cryptocurrency. The network enables the exchange of Bitcoin, Ethereum and other major cryptocurrencies by bridging the transition gap to fiat. It also enables unfettered user access to cryptocurrency funds at a merchant point of sale locations and ATMs worldwide. Users will have the ability to store Bitcoin and other cryptocurrencies in a secure and insured wallet similar to what customers at a typical bank provide for fiat accounts. As a result, counterparty risk is naturally minimized with a licensed and bonded bank. The TPAY token sale funds are intended to be used to complete a banking acquisition. This bank will operate in a manner that will cater to and understand the unique needs of global cryptocurrency holders.
THE TOKENPAY PROJECT
TokenPay is a blockchain project that incorporates Bitcoin cryptographic technology with advanced security and privacy features. Additionally, TokenPay is building a platform that combines banking and a closed-end private exchange. This enables adoption of the coin via consumer and merchant services. Developing a TokenPay coin and the infrastruc- ture to support its everyday seamless use is a crucial step.
Why did TokenPay base its blockchain off of Bitcoin?
In 2008, Satoshi Nakamoto released the whitepaper and source code of the
Bitcoin blockchain. Nakamoto's goal was to create a digital currency. One
which was not centralized by a government or a federal reserve. It is open
source and allows other cryptographers to improve upon the code. As of 2017,
various developers have produced many different cryptocurrencies. All claim
to have superior technology. However, Bitcoin still dominates the market.
Nevertheless, the risk of new blockchains are prone to security and privacy
risks. This is a risk TokenPay is not to be given the critical nature of the application. TokenPay has combined the most secure privacy and security features with its unique blockchain with a combination of the core Bitcoin source coupled with legacy proven, secure and privacy-focused features.
TokenPay is a new banker, acquiring a bank or partner with a 20 year old bank, in an attractive, privacy-driven jurisdiction.
Proof-of-Stake or PoS is a newer form of mining that is referred to as forging.
Coins are earned as a function of and by virtue of being held continuously in a
digital wallet. PoS is an energy efficient way to earn money because no mining equipment is needed. All that is required for the user to
have a desktop, laptop or mobile device. The network of processors creates a
decentralized mining system.
This allows an extension of the blockchain by the user that stakes or holds coins in a wallet. In order to earn additional coins, the user must keep the corresponding wallet open. For instance, if a person has a TokenPay wallet running on desktop, the wallet is allocating a percentage of the available processing power to enable the decentralized network to complete a blockchain. The person is then rewarded in additional TPAY coins for allocating processing power to the system.
Proof-of-Stake is the proof-of-work mining system Proof-of-work or PoW is a capital-intensive process to earn Bitcoin. Any entity with the right equipment and knowledge of blockchain can "mine" or earn bitcoins.
The process to mine bitcoin consists of acquiring expensive computers or "mining equipment" that uses the processing power of graphics chips and electricity to solve advanced mathematical puzzles.
When puzzles are solved, the computers confirm transactions that allow it to
earn Bitcoin as its reward. In 2017, the cost of mining a single Bitcoin reached
over USD $ 1000. As fewer bitcoins are available as rewards the
costs only escalate as mining competition intensifies.
TokenPay is a 20-year-old bank, in an attractive and privacy-based jurisdiction. In addition to the consumer's cryptocurrency benefits, TokenPay plans to introduce a full suite of merchant services through TokenPay's powerful banking platform. Digital currency TokenPay digital currency, which has been extensively tested and developed. TPAY is an ultra-low-cost coin that is functionally superior to Bitcoin. It contains some unique features such as multi-signature, signature ring, dual-key stealth address, ZK (zero-knowledge) proof, as long as the Tor network integration is fully encrypted and decentralized. TPAY is the fundamental backbone of the fundamental cryptocurrency economy of TokenPay integration.
VISION TOKENPAY
TokenPay's goal is to help clients to facilitate
well-known crypts on hard asset transactions with ease. Why does TokenPay base its Blockchain from Bitcoin? In 2008, Satoshi Nakamoto released the whitepaper and source code from Blockchain Bitcoin Nakamoto's goal was to create a digital currency. One that is not centralized by government or federal reserve. It's open source and allows other cryptographers to fix the code. By 2017, various developers have produced many different cryptoes. All claims to have superior technology. However, Bitcoin still dominates the market.
Nevertheless, the risk of new obstacles is more vulnerable to security and privacy risks. This is a risk TokenPay that does not want to be given the critical nature of the application. TokenPay has combined the most secure and secure features ever with its unique blockchain with a combination of Bitcoin core sources coupled with legacy proven, secure and privacy-focused features.
TokenPay SCI or Secure Communication Interface
AES-256-CBC Algorithms and are distributed among nodes in a way as to prevent the recipient's messages being hacked or viewed by anyone network and run the network node.
TOKENPAY TECH SPECIFICATIONS
Transaction
ROADMAP
2015 Q4 - eFin. Platform beta version launched in autumn 2015.
2016 Q2 - Partnership with USTOCKTRADE and London Stock Exchange Tony Weersinghe.
Feature Presentation at Fintech with Conference.
2016 Q4
Due to the tremendous user demand for blockchain assets, its founders shifted focus on cryptographic technology.
Presents corporate headquarters in the British Virgin Islan privacy jurisdiction.
2017 Q1
The world class onboard team dev builds a more secure and untraceable version of Bitcoin.
Integration of Tor's exclusive network cabling technology,
Built-in stealth and encrypted messaging messaging system.
2017 Q2
Launched Multi-Signature Transaction Engine, Released Linux, Windows, MacOS and Paper Wallets.
2017 Q3
Agree to get established bank, Added Ring Signature feature for TPAY blockfain.
Zero-Knowledge Proof advanced automation is added.
2017 Q4
Remove TokenPay Token Sale Whitepaper.
2018 Q1
Completion of Token.T sales
add TPAY to the stock exchange.
TPAY Apple iOS Mobile Wallet.
Completion of due diligence of bank integration
2018 Q2
TokenPay site launches for commercial use.
Complete acquisition or partnership from the bank.
P2P multi-screen payment platform.
Implementation of global merchant services is available.
2018 Q3 OR Q4
BlueDiamond debit card sent to account holder
2019
TokenPay Bank to expand new areas in APAC ..
TEAM
ADVISORS
For more information:
Website: https://www.tokenpay.com/?rc=1713U
White Paper: https://www.tokenpay.com/whitepaper.pdf
Twitter: https: // twitter.com/tokenpay
Facebook: https://www.facebook.com/tokenpay
Telegram: https://t.me/tokenpay
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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