Small Business here, Just integrated Bitcoin onto our online cart and started accepting at our shop. Any sage advice?
We're a mom & pop tea company in Central California and we just integrated bitcoin checkout onto our website Raizana Tea and at our shop. We're new to this, like many other merchants, and still learning about the currency and the community. We'd appreciate any advice that would make for a good experience for coinbase shoppers. Thanks!
WOW! I'm a total n00b and I somehow figured out how to integrate Bitcoin into my 3dcart shopping cart site!
I have no idea what I'm doing with html whatsoever, but after scouring google, forums, help pages, and tutorials trying to make this work on my own, I did it. BUT.... I think it looks and works like total poop. Customers have to go to the third page of the checkout process and hunt for the tiny little Bitcoin button near them bottom of the 3rd page buried under all the scary and required billing info fields for CC and PayPal payments. I need help drawing attention to Bitcoin as a payment option on the site in a much better way. Ideas? Anyone willing to help? www.massappealinc.us
I've been designing websites for 10+ years, and just received a project request from a client to integrate a bitcoin shopping cart. I don't have much experience with bitcoin but was wondering if anyone can recommend bitcoin/crypto shopping cart software. The client specifically mentioned a shopping cart that generates a bitcoin payment address along with a scannable QR code. Any and all recommendations would be appreciated.
A great time to start accepting bitcoin as payments 🚀! Top Bitcoin Payment Gateways [No KYC]
If you are looking to start accepting bitcoin for your business, now is a great time to do so! Here is a list of top bitcoin payment gateways [No KYC] #1 Blockonomics: Blockonomics offers plugins that easily integrate with your website.
Plugin for: Wordpress, Magento, PrestaShop, Easy Digital Downloads, Open Cart, WHMCS, Joomla/VirtueMart
With 244 million active accounts in 2018, PayPal is one of the most popular payment processing tools out there. PayPal has lots of limitations that slow down the process of running the business and high fees. Here's a list of PayPal Alternatives for Startups
PayPal is a well-known solution for companies looking to accept payments worldwide, manage their finances, and send invoices. With 244 million active accounts in 2018, PayPal is one of the most popular payment processing tools out there. More and more companies are looking for PayPal alternatives these days since this company has lots of limitations that slow down the process of running the business. When it comes to choosing the proper payment solution, you need to pay attention to the fees, data security, and customer service. For those of you who are looking for Paypal replacements or want to know other flexible solutions, in this list, we have put together 32 great Paypal alternatives that work for startups. Source
Payoneer is the first option that crosses my mind when it comes to Paypal alternatives. Payoneer allows you to send money using a debit card, credit card, and ACH payments. It is fast, – the payments can be completed in just 2 hours. Pricing: Processing fee starts at 3%
Skrill has a clean, user-friendly interface. It offers you a prepaid debit card. The fees may be the same as Paypal, but it makes international payments easier since the payments can be sent to the debit card at once. After that, you can use your debit card to withdraw money using an ATM. Pricing: Receiving money into your Skrill account is free. Send payment for only 1.45% fee. Withdraw funds with 7.50 % fee.
Transferwise is a much faster and cheaper solution for international transfers. You can send and receive money on their service without borders. It merely works: clients pay in their currency, and you get the payment right on your bank account within a few hours in the currency of your country. You need to share your phone number and last four digits of your credit card to receive money. Pricing: You need to pay a difference in exchange rates and small Transferwise fee.
Selz is a tool that will help you to create your online store or sell goods on social media. It is not a payment system, but an online store builder with ‘drag and drop’ feature and more. Besides that, you can integrate your payment gateway with Selz without other external services. They offer automatic Tax Invoices for your customers. Pricing: 2% transaction fee; 2.9% + 30¢ processing fee¹
Using Google Pay, your clients can make purchases using your website and app. You can enable shopping across devices to reduce missed conversions and forgotten passwords. This is one of the best options for store owners. It takes a second to get or receive a payment. Pricing: Google Pay has no fees for using debit cards or making bank transfers, though you have to pay a 2.9% fee for credit cards.
2checkout is another perfect Paypal alternative tool. It’s all about accepting payments globally. The commission in the USA is almost the same as Paypal, but when it comes to receiving payment from other countries, they offer better rates. It allows you to sell any product abroad. Pricing: 2SUBSCRIBE pricing plan requires 4.5% + $0.45 per successful sale. 2SELL requires 3.5% + $0.35 per successful sale.
Stripe is a global startup company with a 19% market share. Companies of any type and size use the service to accept payments and manage their business needs. Developers love this service for Stripe’s API that allows quickly add a payment method to a website. Pricing: 2.9% + 30¢ per successful card charge
Wepay features not only excellent customer support but also a virtual terminal that allows you to make purchases online without leaving the website. The company was established in 2008. Pricing: 2.9 percent + $0.30 per credit card payment; 1 percent + $0.30 per bank transfer.
Quickbooks or Intuit is a popular useful tool for small business owners who need help with their finances. It gives you an ability to accept payments both in-person and online. Besides, it can help you to pay taxes, manage salaries, and file payroll tax forms. Pricing: 2.4 percent + $0.25 per swiped, tapped or dipped transaction; 3.4 percent + $0.25 per keyed transaction
ProPay was built in 1997. It provides similar features as PayPal, along with the ability to send and receive payments worldwide. For those who are doing transactions in person, you can use ProPay JAK. It is a mobile phone credit card reader that process cards in real time. Pricing: Pricing depends on the type of transaction and card you have.
For those of you who sell products and services with Shopify, you need to get a closer look at their in-built service called Shopify Payments. It gives you low processing fees, allows you to accept payments using different cards (Visa, Discover, Mastercard, and American Express), and have all your data at one place. Pricing: Online credit card rates 2.9% + 30¢. In-person credit card rates 2.7% + 0¢.
Amazon Pay if the first tool for letting people checkout at your online store. It features an account with user login where all information is stored. It makes the process faster and smoother than with regular shopping cart. Pricing: The fees start with 2.9 percent+ 30¢ per transaction
Dwolla is another tool similar to Paypal. Just like Paypal, it allows you to send and receive payments from individuals and companies. Their main specialization is ACH bank transfers, so that bank transfers are super secure. But the main disadvantage is that you can’t create an account with Dwolla outside of the US. Pricing: The transaction fee is only $0.25.
This tool will come in handy for e-commerce store owners because it offers web and mobile payments. You can store credit cards with Braintree just like Google Pay. Paypal runs this company, but it still provides more advanced list of features and better customer support. Pricing: 2.9% + $.30 per transaction.
This tool will help you to manage payrolls. With Square, your employees can clock in and out of work and set up direct deposits. Besides, Square grants small business loans that you can pay back with a percentage of daily sales. Pricing: 2.9 percent fee + $0.30 per transaction
With Payza you can accept payments using a credit card and bank account. Moreover, the tool also works with cryptocurrency. Pricing: 1.99 percent + $0.25 per transaction
Venmo is famous for its feature to send cash to friends. When you create an account on Venmo, it offers you to make a list of friends. After that, it is way easier to send money to people from this list. The business can use it for the checkout process. Pricing: It’s free to send or receive money from a linked bank account. Electronic withdrawal (standard or Instant) from $0 or 1%* (min. $0.25). $2.50 for out-of-network ATM withdraw.
Payline offers you straightforward, transparent, and flexible payment processing experience. It is a useful service for store owners – you can use it whether you’re in-store, mobile, or online. Pricing: Swiping in person: 0.2% ($0.10 per transaction | $10 per month)
Click2sell is a reliable Paypal alternative that offers almost all the same features. It accepts Paypal, Skrill, and credit card payments. The main difference is that they have potent reports and affiliate tracking. Pricing: Depending on your plan, $1.50 + 7 percent per direct sale or $1 per transaction up to $19.99
Klarna is a service that offers its customers ‘pay later’ feature. It means you can purchase goods online and pay with Klarna. Then, you have from 14 up to 30 days after delivery to pay them back interest-free. Pricing: Free for up to one month
Merchant claim to be a hassle-free payment processing company that gives you more control over your funds than Paypal. They allow a grace period that can help you to resolve disputes rather than freeze your account, just like Paypal usually does. Pricing: Processing fees start at 1.99 percent + $0.25 per transaction
Another perfect payment solution for global companies. Wirecard works with over 100 transaction currencies and 200 payment networks that gives you almost complete freedom. With this tool, you can do in-store payments, mobile payments, value-added services, and much more. Pricing: The pricing is available upon request
BlueSnap allows you to add payment methods to your websites, stores, and apps. Your customers can make purchases with credit cards, bank accounts, or similar online payment systems. Pricing: 3.90% + $0.30 or you can develop a personal pricing plan.
Whether you use terminal, online, or point-of-sale with Worldpay, it does not matter. They provide EMV chip card payments and also alternative payment options in the situations when your customer has no card. Pricing: Pricing is available upon request
FastSpring is an e-commerce platform for software and Saas companies. With this service, you can easily enable payments online or in an app. You can make popup checkout for clients, personalized shopping experience and more. Pricing: Pricing is available upon request
Viewpost is a full-featured payment and billing solution that will be suitable for both single freelancer and huge enterprise company. You can view payment history in your account and keep track of all transactions. Pricing: $14.99/month plus transaction fees
Authorize has over 43,000 merchants and handles more than one billion transactions per year. This is a big company that accepts credit card and electronic payments in person, or over the phone. Pricing: No setup fee, free monthly gateway, 2.9% + 0.30 cents per transaction
Send, receive or request money online with Popmoney. The process is transparent and straightforward: cash moves from one bank account to another without any middle accounts. Pricing: Flat $0.95 per transaction to use it here at Popmoney.com
Without setup or cancellation fees, Charge is a good credit card processing platform. It enables you to accept payments online and in stores. Pricing: Merchant Account Application Fee and Web Shopping Cart are free.
If you have SaaS or e-commerce businesses, you need to take a closer look at Paylane. This tool allows you to accept payments in various currencies and formats. Smashing Magazine and The Next Web use it. Pricing: 2.8% + 0.25 EUR and 0 for Paypal
Coinbase is a cryptocurrency trading platform that allows the business to get Bitcoin transfers. If your client is familiar with cryptocurrency, they can easily send your payment to your Bitcoin wallet. Then, you can merely convert this amount into your local currency, or transfer to another payment service. But remember about exchange rates. Pricing: Pricing varies depending on the cryptocurrency
All iPhone users can get the advantage of using Apple Pay to transfer money. Previously, I used it only to pay products in stores without a card. When a person sends you cash, it stores automatically in your Apple Wallet. You can spend it using Apply Pay or transfer on your bank account within 1-3 business days. Pricing: It charges the banks as a rebate for every transaction. No fee for merchants.
An update to my earlier post describing how I want to set my barber up to accept crypto. I could not find a simple POS (point of sale) app for merchants that works with crypto. Coinbase Commerce does have integrations for several shopping carts, but I want something simple where my barber can click on a button and then the customer scans a QR code to send the payment. So I hard-coded a simple website that he can display on a tablet: https://cryptoformerchants.com/ This uses simple Coinbase Commerce buttons. I can't test it yet because Coinbase put a 6 day hold on my bank transfer - ridiculous! The money left my Wells Fargo account the next day. I'm curious how long it will take the transaction to confirm. UPDATE: The buttons do not appear to work on my iPad. Crap. Works on my iPhone though, weird. UPDATE 2: Someone clicked on the TEST button and paid me $1. Thanks. But for some reason Coinbase said only $.98 was received? https://preview.redd.it/a8904mq8mrt11.png?width=505&format=png&auto=webp&s=9ba186e2f9d57b1f99a7bb28a95dfcd17105f40d
One problem with getting Porn to accept Bitcoin, BitPay doesn't allow it.
Bitcoin payment solutions for merchants that really want Bitcoin
We are living in a world that is changing fast, but old habits and systems still hunt us and keep people minds in the same structures and old systems. Bitcoin come up as a revolutionary technology, that can change totally and from within the existing society, economy, financial structures and instruments. Bitcoin means freedom, means property of your own money, means control of your own money, means totally free market in a decentralized and P2P way that humanity never reached before. In this environment, in the last years I was involved in quite some projects to help integrating Bitcoin payments into merchants web-shops, and all people I tried to help, they wanted a simple solution that meet the following requirements:
to be FREE or at least for basic payments and paid for extra features, pro versions or one time payment. Some small merchants want free plugins (or at least cheap) because they are struggling with money. Some other merchants are willing to pay more for more features.
to be free fee, no extra charges for each tx or total volume of payments. There is no point of charging extra fees for BTC payments. We already have VISA and Paypal for that. We use BTC exactly to get rid off extra fee of intermediaries
to use your own personal/merchant wallet, 100% control of your BTC, no online, no 3rd party wallet, no custodial wallet
to not have involved any extra 3rd intermediary in the process, no tracking, monitoring of txs or account/users. Exposing all your merchant and also customer txs to a 3rd party is a dangerous slip over. You never know when that server can be hacked, seized or monitored by any gov or other institution. Bitcoin was created and designed to be a personal payment processor exactly to avoid any intermediary intervention. Privacy is a right that we should all enjoy.
to be easy to integrate into Woocommerce and other shopping platforms or at least no need to contract a full team of IT specialists just to put in place a Bitcoin payment
do not convert your received BTC into fiat. Doesn't make sense to accept something that you throw it away. You should not accept in the first place if you don't want it.
Many of these people start from the definition of Bitcoin from Satoshi's papers, that stated: Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. That's it, no need for more explanations, simple as it is. So here are some of the solutions I found, studied, tested. Maybe are more, maybe some are not available anymore, but I will enumerate them here so others can see them and decide for themselves. If you know others please post here in the same manner. Please understand that I have nothing against any company in the field that wants to earn some extra money in this business. I am not part of any of these companies or any other company involved in Bitcoin. I am just a tehnical/business consultant that wants to help others to use Bitcoin as it is.
CoinGate - NOT complying all users requirements 1% flat fee for all txs, no additional ones, but you don't receive BTC, just fiat free plugins for WooCommerce, Magento, Magento 2, OpenCart, PrestaShop, osCommerce, VirtueMart, WHMCS, ZenCart all txs pass through their servers and monitoring, custodial wallet
Blockonomics - NOT complying all users requirements first 10 txs are free, then they start charging a 1% fee for each tx free plugins for WooCommerce, Magento, Magento 2, PrestaShop, WHMCS custom website all txs pass through their servers and monitoring, but directly to your personal wallet
Bitpay - NOT complying all users requirements + is against Bitcoin itself huge fees for each tx and for withdrawals, convert immediately your BTC into fiat free plugins for Magento, Woo, OpenCart, Prestashop all txs pass through their servers and monitoring, their wallets, their rules this payment processor is the Paypal of Bitcoin
Coinify - NOT complying all users requirements Risk and Processing Fee + Bitcoin Transaction Fee - not specified clearly before you sign up free plugins for Magento, Opencart, Woo, PrestaShop, Box Billing, Zencart, ShopRama, Oscommerce, WHMOS all txs pass through their servers and monitoring, their wallets, their rules
CryptoWoo - complying with users requirements, with limitations no fees for txs or for any additional transactions paid plugins in 3 stages from $34 to $99 for Woocommerce with multi cryptocurrencies. Attention: the plugin is not working with standard CRON system of WP, needs hard CRON. That means extra setup and requirements all txs goes straight to your wallet, no intermediary, no monitoring
Piixpay - NOT complying all users requirements 1,75% fees + 5€ per tx. Is converting all txs into fiat and send them to your bank free plugin for Woocommerce, by request and registering all details of your shop/company all txs pass through their servers and monitoring This service is good for paying your bills with Bitcoin, almost anywhere in the world
SatoshiPay - NOT complying all users requirements free plugin for Woocommerce for nano-payments not suitable for all merchant shops
Blockpay + Odoo - NOT complying all users requirements - but is a good start with Odoo as full e-commerce platform that now support native Bitcoin. There are many implementations, but needs help from specialists, free plugins, platforms, but there is a cost for implementation
GoCoin - NOT complying all users requirements GoCoin charges a flat 1% transaction fee, which is charged immediately upon acceptance of payment. This fee may be reduced for merchants conducting a higher volume of transactions. Plus if you want to withdraw in fiat to bank account and BTC withdrawal is min 0.01BTC free plugins for PrestaShop, Opencart, Zencart, Magento, Woo, Oscommerce, Übercart all txs pass through their servers and monitoring, custodial wallet
Coinilla - NOT complying all users requirementsservice fees from $35 to $360 free plugins for Magento, Woo, OpenCart, WHCMS, PHP all txs pass through their servers and monitoring, but directly to your personal wallet
CoinPayments - NOT complying all users requirementsdifferent fees for types of payments, 0,5% + cointx fee free plugins for Woo, Magento, WHMOS, Opencart, PrestaShop, Oscommerce all txs pass through their servers and monitoring, to their custodial wallet also directly to your personal wallet
Electrum Merchant - complying with users requirements, with limitations no fees for txs, just miner fees no plugins developed, but enough documentation for those who know how to integrate code into webs all txs goes straight to your wallet, no intermediary, no monitoring
BitcoinWay - complying with users requirements, with limitations no fees for txs, just miner fees free plugin for Woocommerce, paid plugin for pro version all txs goes straight to your wallet, no intermediary, no monitoring Attention: developer stop supporting this plugin. Seems that there are no further updates. The plugin works correctly, even if there are some complaining that on their system is not working. They setup wrong the plugin and just complain. For those who just want a simple fast and working plugin this is a good start. Is not tested with segwit wallet!
GoURL - NOT complying all users requirements tx fees 1,5%, free subscription free plugins for many e-shop platforms all txs pass through their servers and monitoring, to their custodial wallet
BTCPay - complying with users requirements, with limitations no fees for txs, just miner fees free plugins/integration for major e-shop platforms see more details here all txs goes straight to your wallet, no intermediary, no monitoring Attention: need some help from specialists and setup a server. It is a fork of Bitpay system.
I would like to share some insight on why I am holding Walton (WTC).. Remember this is just my personal opinion and you should always do your own research and come up with your own assessment before investing. When it comes to investing, one of the primary things I look for is growth potential. And when it comes to Waltonchain, I feel like the potential for growth is so extreme that it could be unprecedented. Of course I can't say for certain Waltonchain will make investors wealthy. But what I will say is Waltonchain is no stranger to the rapidly growing RFID technology, nor the market it resides in. About Waltonchain Everyone knows what a UPC code (bar code) is.. it stores the price and helps retail stores keep track of inventory levels. The advancement of this technology is what brought us RFID tags.. Below are the benefits RFID has over the traditional UPC bar code.
RFID chips can store much more information than bar codes.
RFID chips are a read/write technology, so more information can be added to them as needed.
RFID chips don’t require line-of-sight proximity (i.e., the information they store can be read even when products are still encased in boxes or crates).
RFID chips are more robust (i.e., not subject to problems caused by tearing, creasing, or alteration) than bar coding.
RFID chips can enable the tracking of individual pieces of merchandise.
What Waltonchain has done is taken the RFID technology to the next level by combining it with blockchain technology.. (See below)
A dissymmetric encryption and decryption module is integrated into the tag chip of this project, bringing out safer tag communication.
A dedicated storage space is integrated into the tag chip of this project for the storage of hash value of tag status and key information, which makes the tag content truly tamper-resistant;
The tag chip of this project adopts the low voltage and low power consumption design, and applies advanced technology; though with an increased size of design, its power consumption is lower than that of traditional design;
The anti-collision logic is added to the design scheme of the tag chip of this project. As a result, the collision probability is lower, and the probability of skipping - reading is significantly reduced.
Technical advantages of Waltonchain RFID tags.
It is possible to truly trace back to its source;
It is possible to achieve the anti-counterfeiting goal;
Realize the decentralization with less demanding requirements for credence;
Reduce labor costs.
Example of RFID in the real world
Rather than simply identifying an item as a box of Cheerios (as bar codes do), an RFID chip can uniquely identify a particular box of Cheerios and enable it to be tracked all the way through the sales chain, from the warehouse to a consumer’s shopping cart. This level of uniqueness in tracking can, for example, aid in the removal of expired merchandise from store shelves or assist in locating items designated as part of a product recall. - Snopes
Waltonchain's 4-phase development plan.
Walton team has formulated a 4-phase development plan, starting from infrastructure platform establishment to gradually incorporating retail, logistics and product manufacturing, and to finally achieving the full coverage of business ecosystem.
Basically Walton works with retail, logistics, and product manufacturing to improve efficiency on all fronts. The entire process from manufacturing all the way to delivery can be assisted and improved with Waltonchain. Waltonchain achieves this by developing state of the art tamper-resistant RFID (Radio Frequency Identification) chips with storage and encryption capabilities. Waltonchains RFID chips can be applied to any tangible item allowing traceability and improved security throughout its journey. Phase 1
The team has developed the clothing system integration scheme based on RFID. The system has been implemented in Tries, SMEN and Kaltendin. The condition of widely application and promotion has been met. The team starts to research and develop the RFID beacon chip with proprietary intellectual property rights.
The RFID chips will be mass-produced and used in clothing, retail and logistics. This includes store pickup, pricing, order placing, packing and storage, sorting and distribution, store management, dispatching, customer signature, customer assessment and feedback.
Manufacturers will achieve traceable intelligent packaging. The entire processes will be covered, including material purchasing, production, assembly operation, packaging and inventory management. The quality of the materials can be verified and tracked to the source easily. Counterfeit goods can be eliminated to ensure customer interests.
In the future, all assets can be registered in Waltonchain and problems in asset ownership and traceability will be resolved.
Waltonchain isn't just an idea or some dream, it's becoming a reality. Product testing with manufacturers, warehouses and retail stores is already underway. Even though Waltonchain has a long road ahead (Roadmap), I believe there will be a growing demand not just for RFID technology, but specifically for Waltonchains RFID technology. Let's take a look at some Q&A's collected from AMA's and FAQ.
How much money has gone into R&D so far? Will we see pictures of the hardware anytime soon? So far between Silicon, Dr. Kim's Lab, and Waltonchain China and Waltonchain Korea, we have approximately spent $8million dollars in R&D alone. Walton chain RFID system prototype has been fabricated and the photos will be shown next month. Does the Walton team currently hold, or have plans to file for, any patents that directly related to the RFID tag IC it has plans to produce? Walton team has written and submitted at least four RFID-related patents. our senior advisor Dr. Kim owns 10s of patents, our affiliate Silicon owns many patents as well. (As you can see form CEO Mo Bing’s introduction video). All of the above patents should be and will be readily available for our use to product Waltonchain’s IP advantages over our potential competitors. If at some point in the future other companies want to use RFID chips using technology created by WaltonChain, will they pay royalties to WaltonChain for technology patented by WaltonChain members? Yes. What would be an example or scenario, of a RFID chip applying to the average person daily life? Maybe even if they are not aware of their tech surroundings Many, e.g. supermarket merchandise inventory, RFID anti-theft system of clothing store and so on. You can pretty much think that we would almost work in any scenario with tangible products. But our focus is firstly to break through the clothing industry right now. Think about Walmart or Target and Costco, and then think about their suppliers, the businesses that supply to these large retailers. They can all be our clients. Have you tested your RFID tech with any company outside of the clothing industry? Yes, we also test in retail stores and warehouses. Why choose the application of garment industry as the breakthrough point in Phase 1.0 of this project? *The RFID tag has achieved the management of item level in the application of garment industry. Hence, the number of usage is enormous. Large amounts of experimental data can be obtained easily in the development and early application of the chip, as a result of which the chip and system technologies will mature quickly ; *Many core members of the team have years of industry experience in the field of garment, and they are also familiar with the garment industry, the application of RFID intelligent system, and the promotion of software informationization products and other areas. With abundant resources of customer channels, the upfront cost of customer development is low. Therefore, it is possible to enter the market rapidly and to build up customer base in early days. Does WaltonChain has its own blockchain? Waltonchain is a self-developed public blockchain, and the wallet is expected to be online at the end of October. For now, WTC is an ERC20 token but when the Genesis block has been mined the token based on Ethereum will be replaced by the actual Walton Coin with the exchange rate of 1:1. How much testing has been done in real companies who have opted for integration of WTC to see if it will be long term beneficial? Up to now, many companies such as Tries, Joeone, SMEN in the apparel industry, Kehua, Lipson plastic in the manufacturing industry and Xiangyu group in the warehouse industry have applied for our WTC & RFID integration system. What is impressive is that all of them have benefited a lot by integrating our system! Compared to before integration, their yield rate has increased by 1.2%, the stock turnover increased by 5.8%, the distribution efficiency has improved by almost 100%, and the inventory efficiency almost tripled in their stores. For customer information please refer to list below:
With the government subsidizing the project, are you able to provide any other insight into the involvement of the government (including other countries)? Quanzhou Silicon, the technology backup of WTC in China and a subsidiary of the Silicon Group, has been awarded the “second-class international qualification”, and has received project subsidies from the local government of Quanzhou City, Fujian province. Another subsidiary of the Silicon Group, Nanjing Silihua is also involved in the R&D of the parent chain of WTC. The block chain system developed by this company has received substantial recognition by the technology staff of the government. And it is currently applying for the science and technology award of the Nanjing government. Apart from this, Xiameng IOT Technology Co.,Ltd, another subsidiary of the Silicon Group, has received a 5-million-yuan subsidy for the project “Smart Ocean of Fujian Province”. The subsidy will be used for the establishment of an IOT-RFID system and the development of the corresponding series of products, which will be a dramatic driving force to the development of Smart Ocean industry in China. So far, the IOT-RFID product has made its footprint across the provinces and cities of mainland China, as well as in Hong Kong, Macao, Taiwan, other southeastern Asian countries, North America and Europe . Its stability, sensitivity and reliability have been the model in the industry.
The Walton Coin (WTC)
Any child chain creation needs to expend Walton Coins (WTC). As the Walton ecosystem continues to grow, an increasing number of businesses will be joining the ecosystem, as a result of which they will expend a growing amount of WTC to create all kinds of child chains. Thus, the demands for WTC will rise correspondingly.
WTC is the only token of the parent chain in the entire business ecosystem. Any cross-child-chain data transmission and asset exchange will expend WTC. Once the ecosystem has been in place, the demands from the businesses for WTC will keep expanding.
The allocation mechanism of the transaction fees (such as A coins and B coins ) expended in the important officially-released child chains will be adjusted in an innovative manner, such as those in the transaction child chain or the sales child chain which will be used in the high-frequency circulation. Most of the transaction fees (say 90%) will be allocated to the wallets of child chain book-keeping nodes, while a small proportion (say 10%) will be exchanged to WTC and allocated to the wallets of parent chain book-keeping nodes.
As mentioned in the White paper, RFID tags can also play a vital role in smart stores. Although not unique to Waltonchain here are some RFID and smart store examples..
Smart hanger function: when the customer picks up the clothes on the smart hanger, the smart hanger automatically identifies the clothing label in the hands of the customer, the touch screen displays all the information of the clothes in a timely manner and inputs the data into the background server at the same time; the analyzing software automatically counts the data and generates statistical reports of each period for managers to view.
Smart fitting room function: when the customer picks up the clothes and walks into the fitting room, the smart fitting room automatically identifies the clothing label in the hands of the customer, the touch screen displays all the information of the clothes in a timely manner and inputs the data into the background server at the same time; the analyzing software automatically counts the data and generates statistical reports of each period (houmonth) for managers to view and estimate the production plan and popular designs according to the fitting rate.
Quick check-out function: using RFID can automatically identify the target information, the receiver can read multiple tags at once within its effective working range to achieve the simultaneous identification of multiple products, thus speeding up the check-out process and improve customer satisfaction.
Quick Decisions: A customer can't decide which of 3 dresses she wants. To help her decision, she looks at the RFID data and the movement of the dress in the store. It's there that she notices dresses #1 and #2 are often taken to the fitting rooms, but from there, dress #1 outsells dress #2. Dress #3 on the other hand barely makes it to the fitting room at all. Now, she's able to refine her decision making.
RFID technology is a rapidly growing market estimated to reach $40 billion by 2025. It's a competitive market with RAIN RFID (Board of directors include Google, Impinj, AIM, Smartrac and Amazon) but don't let that discourage you.. RFID is still in its infancy in terms of implementation which means there is plenty of room for growth and competition. And let's not forget, Waltonchain also has an impressive team and something RAIN doesn't... Blockchain technology. Waltonchain has patents readily available which gives it advantages over potential competitors. You know.. I am not a writer but I tried to summarize Walton and it's potential the best I could. Even after reading this post you may not understand the probability of success. But i'll tell you this.. Finding manufacturers and retail stores in China to help launch this technology is NOT difficult at all. It would be quite the opposite, manufacturers and retail stores would be more than willing to participate considering the benefits RFID provides. It's the blockchain technology behind Waltonchains RFID chips, the ongoing research and development, the security, the intellectual property and everything in-between that makes Waltonchain valuable. Now I am not saying I think Walton will own every RFID smart-tag in existence, but I do believe Waltonchain's technology has potential to capture a good portion of the market long-term. Now remember, I am just telling you why I am holding Waltonchain and you should always research and come up with your own assessment before investing. Regards, BTC2018 Upcoming Waltonchain Events
Migration to own blockchain - End of October
Wallet released - End of October
RFID and Internet of Things:
The number and range of IoT applications that can be envisioned with RFID devices are simply tremendous. The inherent value of RFID lies in enabling “things” to report data in real time for faster, quicker, more interactive decisions both at the industrial level and — increasingly — at the consumer level. Perhaps the best-known concept, sometimes called the “killer app” for IoT, is the interconnected, automated home, where people can interact with everyday devices in their homes. This vision of the future sees appliances such as refrigerators being aware of their ‘state’, and knowing when to order and replenish groceries; electronics such as lighting, music and TV automatically tuning to individual preferences, which can be managed by presence (proximity to RF-enabled device), by time or by sensory input; access solutions, whether logical ones for Wi-Fi user authorization, or hands-free operation of doors and windows... the possibilities are truly endless. - Smartrac Group
The global radio frequency identification (RFID) technology market is estimated to reach USD 40.5 billion by 2025, according to a new report by Grand View Research, Inc.MarketWatch, May 2017
"We definitely see continued growth in retail, and unfolding to the point that it becomes as common as the barcode," - Carl Rysdon, VP of sales for Checkpoint Systems
"As good as this sounds, and as big as these numbers might appear, RFID adoption is still only scratching the surface — even when looking at retail apparel applications, where RFID tagging is perhaps achieving 1% of the total available market. Looking outside retail apparel, it’s even more obvious that RFID is still in its infancy in terms of implementation, considering the trillions of objects all around us that can be RFID-enabled." - ChainLink Research
I want to start accepting bitcoins for products on my website. Is there any reason I need a service like bitpay or can I just have the customer send the amount directly to my wallet?
I was thinking the customer could just use a coupon code like "bitcoin" to get a 100% discount to bypass being charged in USD, then send the amount in bitcoins to my wallet. What would be the implications of doing this instead of using a service like bitpay?
Payment Processing Options for Ancillary Cannabis Products There are three main options when deciding on a payment processing solution and there is a difficult choice to be made. On one side of the equation is processing fees and the other is advertising freedom. In general, US based payment processors have lower fees, but due to federal law can only offer these rates if your advertising and marketing is acceptable. Off-shore payment processors will allow you far greater freedom, but at a much higher overall cost. In this article we will go into more detail about these two main choices, as well as a host of smaller decisions you must make when setting up payment processing for an ancillary cannabis product.
Type - Fees - Advertising
Not a trace - 2.9% - 3.5% - No cannabis, no innuendo
Dual-use - 2.9% - 8% - No cannabis, innuendo ok
Complete Freedom - 6% - 12% - Cannabis ok
Processing Fees vs. Advertising Freedom Every processor is a little bit different in what they look for when disqualifying an ancillary product for payment processing. Some won’t allow green herbs to be used in pictures. Some require “for tobacco use only” to be prominently featured. Some require adult signature on package deliveries. In general, however, there are three different levels of strictness: Not a trace, dual-use, and complete freedom. Not a trace – These payment processors will bolt the second they see an innuendo related to cannabis. These companies do not deal with anything close to the cannabis industry and will deny anyone that has the slightest connection to the industry. Unfortunately, these processors usually have the lowest costs and best terms, but they are extremely difficult to get approval from as an ancillary cannabis product company. Rates are as low as 2.9%, with lower processing rates coming from increased volume. Dual-use – Payment processors with a dual-use determination are ok with accepting ancillary cannabis products, but there must be an additional use for the product beyond cannabis. Two popular categories to achieve dual use are tobacco and culinary. Be aware that many payment processors avoid tobacco accessories as well, or charge higher rates for them. This category has the most shades of grey and you may bounce between a few different processors before you find one willing to accept yours. This arrangement gives you some advertising freedom while still allowing you to take advantage of competitive payment processing rates. Dual-use can range from matching the 2.9% of the low-risk processors to fees as high as 8% in some cases. Explicit mentions of cannabis are usually not permitted, so be prepared to do some creative marketing to get your value propositions across to potential customer. Complete freedom – High risk domestic accounts and most off-shore payment processors will give you 100% control on how you advertise your product. This is the ideal solution for a product that is obviously for cannabis, or one that can not be properly advertised without mentioning cannabis. Look for payment processors that handle CBD, vaporizers, and other high-risk products. Due to the increased risk and power of the processor, these companies usually have much higher fees ranging from 6% to 12%. Complete freedom usually also comes with higher reserve holds and worse payment terms. If you plan on going this route, you should think long and hard about a way to potentially brand as a dual use product and save yourself some processing hassle. Processing Terms and Speed of Payment With such a thick legal document that you are expected to read for payment processing, one thing that is easy to overlook is the payout terms from the processor. Cashflow troubles can be magnified if a payment processor is holding a large reserve amount or takes multiple days to issue a payout. When analyzing a payment processing offer, make sure to take note of the following: Reserve hold – The reserve hold can squeeze your cashflow down to a trickle. Some payment processors will hold 5% of every transaction for up to 180 days to cover against the risk of refunds and chargebacks. Reserve holds are usually anywhere from 5% to 15% of the total sale price and is taken on top of the processing fees. Chargeback process and fee – Different processors charge different amounts when a customer issues a chargeback. Make sure your payment processor has an easy to contest chargeback process and check on what the fee is each time a customer charges back an order. These fees (on top of the refunded amounts) can quickly eat away into sales profit. Some processors will send chargebacks via mail and only accept faxes in disputes. Refund process and fee – Check to see if the processor charges you anything for refunding a payment. Most processors will not charge a fee to refund an order, but if they do the fees can quickly add up. You may also want to run a test refund to see how long the process takes on both your end as well as check in with early refund orders to see how long it usually takes your customer to receive it. Termination policy and fee – It’s best to remain flexible with your payment processing. You don’t want to become too reliant on a single processor and if a better offer comes around you want to be in position to take it. While this should not be a deal breaker if they are the best option in all of the other areas, you should be wary about getting into any agreement that is expensive to get out of. Interchange Plus vs Flat Rate Pricing – Different credit cards cost different amounts to run. Credit cards that offer rewards are the most expensive while debit cards and can be are extremely cheap. Most payment processing is offered to merchants as a flat rate, but it is possible to instead operate on an “Interchange Plus” pricing model. With interchange plus pricing your payment processing gateway charges you what the credit card companies charge them, plus a small brokerage percentage. This can get you a much lower average processing fee, especially if many of your customers use cheaper to process cards. Additional Payment Options If your product falls under dual-use and does not have any specific cannabis advertising, there are additional payment processing options that you can add on top of normal credit card processing. These solutions remove friction for many people, as they rely on profiles and payment information being on file with a third-party company. While there are many options beyond these three, these are the major players that can cover a good portion of your customer base. PayPal – The original online payment. PayPal provides solid service at a good price, but definitely comes with downsides compared to normal credit card processing. The biggest advantage is obviously the large number of people that have a PayPal account already set up. Particularly useful for international customers PayPal makes it easy for members to sign into their profile and send money to you for the goods. The largest downside in PayPal comes from the fact that they are not officially a bank. Unlike most payment processors PayPal has a wider degree of freedom to hold your funds for long time periods. Searching for PayPal complaints show that this restriction to capital puts companies in bad financial positions. If you do end up using PayPal, avoid having a large amount of your funds locked up by transferring money out of your PayPal account at the end of each day. Amazon Pay – Quickly catching PayPal in its user count and ease of use, Amazon Pay allows for your customers to checkout using their login and payment information associated with their Amazon account. Matching the fee structure of PayPal, Amazon Pay automatically transfers money into your account daily and is not subject to the long-term holds that can be imposed by PayPal. BitPay – Take advantage of the booming cryptocurrency Bitcoin by accepting it on your online store. BitPay can integrate seamlessly with many shopping cart solutions and offers the lowest processing rates that we have seen (1%). BitPay works by setting a conversion rate between Bitcoin and USD (or whichever currency you are accepting). Using this system, you are paid in the currency of your choice while your customer gets the security and convenience of being able to check out using their Bitcoin. With how fast the crypto currency space is moving we expect to see a huge movement towards payment processors that work with them. For now, BitPay seems to be the best option in terms of pricing and integration ability, but make sure to do your own research if accepting crypto currencies is something that you want to do.
Illinois legalized weed yesterday by way of our state legislature, as opposed to a voter-approved ballot measure. We're the first state to legalize weed this way. The new law goes on the books 1/1/2020. There are some real pluses to this thing, including clearing the records of people who got busted for 30 grams or less. Anyone who got tagged for between 30-500 grams can petition the courts for expungement. This could involve as many as 750,000 cases. Communities hit hardest by prohibition can cut the line on the licensing process as "social equity applicants" as well as benefit from $30million put into a low-interest loan program for those same communities to launch start up weed shops. (This will boil the blood of people who consider the black community to be a "victim constituency" ...which makes me like it even more.) Per Marijuana MomentTaxes on cannabis sales would be based in part on THC concentration. Flower containing up to 35 percent THC would be taxed at 10 percent, whereas products with more than 35 percent THC would be taxed at 25 percent. Cannabis-infused products would be subject to a 20 percent tax. The state’s 6.25 percent sales tax would also apply, with local jurisdictions having the option to impose an additional 3.5 percent tax. I've never had flower with more than 35% THC, nor do I expect to. I think 30% is the highest level I've ever tried. It was plenty. Pritzker's budget includes expected revenue from weed taxes, with some studies saying it could bring in as much as $500million in 2020. My state rep is a guy named Marty Moylan. He's a Democrat from Des Plaines. For those of you from out of state Des Plaines is pronounced Dess Planes, which I'm sure pleases Luis Jolliet & Jacques Marquette to no end. Marty voted against legalizing weed, saying it's addictive and destructive. So fuck Marty Moylan. In related news, Marty has a fucking casino in his town and I'll be very interested to see how Marty votes on legalized sports betting today, or maybe tomorrow. They're working Sunday, because the next legislative get-together is in October. I'm against legalized sports betting. It's actually addictive, unlike weed, and it truly has destroyed countless lives, unlike weed. Unless you count weed prohibition, and the lives it fucked up. Back in the day I had the pleasure of working with a large number of degenerate gamblers. The limo company I drove for was owned by a dickhead named George Jacobs. George was (maybe still is) the head of the Illinois Chapter of Gamblers Anonymous. George recruited limo drivers at the GA meetings. Of the 250-300 drivers he employed I'd guess that no fewer than 40% were people who came from Gamblers Anonymous, including Vyto Spakauskus, a member of my golf foursome for about 10 years. One day at a local track named Cog Hill, our regular course, we were on the 7th hole when Vyto announced he had to leave. He called up to the pro shop and asked them to send out a cart to pick him up. Told us he had an emergency and he would explain later. About 5 holes later, the Cog Hill people shuttled Vyto back out to us and he finished the round. We finally got him to tell us what the fuck was wrong. He had forgotten to buy the daily $30 in Lotto tickets for himself & his 80 year old mother and tonight was the big roll-over, monster, gajillion dollar blah blah blah. I simmered with fucking anger for the last 5 holes. When we got to the 19th hole and ordered a pitcher of beer I explained to Vyto that he was out of the group. As I explained to him...I love you buddy, but you're a 49 year old man who lives with his mother. You're a degenerate gambler to begin with, but even worse than that you're a degenerate gambler who gambles on possibly the dumbest game ever invented. You spend almost a grand a month on the stupid fucking Lotto despite the fact that you're in debt up to your fucking eyeballs. And that's your problem, not mine. You want to flush your money down the toilet, by all means go right ahead. But here's the thing Vyto...you borrowed money from me to pay for your fucking golf, and then you walked out in the middle of the round. So fuck you. Get help. I was a former limo driver by that point so the only time I ever saw Vyto was at Cog Hill on Fridays, so it came as no surprise that was the last thing I ever said to Vyto. Never spoke to each other again. I got a call recently from another member of the old foursome. Mark lives in Vegas now. Just called to shoot the shit, and in the process he asks me if I heard about Vyto. I said something like "No, but is this about Bitcoin?" Turns out Vyto's mom died, left him the house, and something like six months later he had pissed away the house playing the poker machines at a casino in Aurora. The whole house. Supposedly something like $140,000. Took out a reverse mortgage and blew it all gambling on possibly the second dumbest form of gambling ever invented. Don't know exactly why I'm so adamantly opposed to gambling, but I am, and especially sports betting. It's the only vice I can think of that riles up the puritan in me. I'm a huge sports fan, and I can only see bad shit happening when gambling and pro sports start inter-mingling. Players and referees are human beings. Some can be bought for the right price. There's a reason the Black Sox were all permanently banned from baseball. Pete Rose same. Whether it's Tim Donaghy fucking around with the spread in NBA games, Northwestern running back Dennis Lundy shaving points, or the Boston College basketball team doing same the lines get blurred. One doesn't have to "throw a game" to see how gambling can fuck up the integrity of a contest. Those cases all came when gambling was illegal. Imagine what it will be like now. If we're going to talk about destructive addictions I can say with certainty that gambling is one of them. I suppose it goes back to all my interaction with twelve-stepping chauffeurs. I mean sure, if somebody wants to fuck up their life that's their business but don't fuck up my golf game.
CHIMPION: A PLATFORM SET TO REVOLUTIONIZE THE E-COMMERCE ECOSYSTEM.
https://preview.redd.it/uw7rplt09xb21.png?width=696&format=png&auto=webp&s=728c41a3fa5bdc6a9ad558460c4b8467387b5d13 One of the main benefits associated with accepting cryptocurrency payments is that there are no middlemen involved. Bitcoin’s peer-to-peer technology is designed to facilitate instantaneous, secure settlement of values, affordability, transferability across international boundaries without the intervention of any middleman, that is no banks or other financial institutions. This is the reason why the Chimpion platform is birthed. The Chimpion’s mission is to build a blockchain-enabled economy by allowing merchants of all sizes like small, mid and large enterprises to adopt e-commerce through digital currency. This new crypto is designed to drive e-commerce adoption. In other words, Chimpion’s innovative technology enables e-commerce merchants to readily accept cryptocurrency payments, setting altcoin of their choice as the base currency denomination.
HOW IT WORKS:
According to Chimpion’s official website, this company will begin operating fully in early this year 2019 with Chimpion stores to be opened in waves, starting with Asia and progressing to Europe, South America, Middle East, and Africa. Chimpion will launch CHIMP Academy to assist small business owners in starting their own crypto e-commerce storefronts. The organization also has plans to add plugins for eBay migration, Amazon import and inventory control, all developed by Shopping Cart Elite. Based on Bitcoin Diamond’s BCD Pay Wallet, this new platform has plans to release the Chimpion Wallet in early 2019, including trading integration. Furthermore, Chimpion as well offers merchants income flow flexibility by providing security from unpredictable inflation, ongoing trade wars, and fluctuating interest rates, independent of whether they deal in fiat currency or cryptocurrency. Be part of the Chimpion community today! For more information about the Chimpion project, please visit: Website: https://www.chimpion.io/ Whitepaper: https://www.chimpion.io/whitepape Bounty0x Username: hiboat
New Cryptocurrency Chimpion Set to Revolutionize E-Commerce
https://preview.redd.it/rgghtd7xc7d21.jpg?width=401&format=pjpg&auto=webp&s=9954f0c4884c9f958276e36623ef2f227da0c44e Shopping Cart Elite, Paytomat and Bitcoin Diamond (BCD) have contributed technology to make possible the launch of Chimpion (CHIMP), a new cryptocurrency designed to further drive e-commerce adoption. Chimpion's mission is to create a blockchain-enabled economy by empowering merchants of all sizes to adopt e-commerce through digital currency. Combining the features of major e-commerce platforms with the benefits of cryptocurrency, Chimpion is a community-driven project in which anyone can participate. Since the early introduction of Amazon and eBay, e-commerce has become a massive industry. In 2017, retail e-commerce sales alone totaled $2.3 trillion, on top of which B2B e-commerce sales made up for another $7.7 trillion. As e-commerce popularity grew, so did the demand for faster transactions, lower fees and more accessibility. Cryptocurrency has since rapidly emerged as the next evolution of e-commerce transactions. Matching the functionality of fiat currency, cryptocurrency goes beyond in features such as security, transaction speed, affordability, transferability across international boundaries and, in some cases, even immunity to inflation. "A major problem that persists with e-commerce is that it's difficult for small businesses," said Alex Arnaut, Chimpion's chairman and co-founder. "E-commerce merchants face security issues, payment delays and difficulty selling internationally, not to mention the expensive fees charged by payment processors. Chimpion is providing merchants with a platform that leverages cryptocurrency to eliminate these issues and open them to new markets." Chimpion's innovative technology allows merchants to easily accept cryptocurrency payments, setting their altcoin of choice as the base currency denomination. Chimpion also offers merchants income stream flexibility by providing protection from ongoing trade wars, unpredictable inflation and fluctuating interest rates, independent of whether they deal in fiat or crypto. Most importantly, Chimpion is simple to use with no need for advanced technical knowledge, making the platform accessible to nearly any merchant. Beginning in early 2019, Chimpion stores will be opened in waves, starting with Asia and progressing to Europe, Middle East, South America and Africa. To assist small business owners in launching their own crypto e-commerce storefronts, Chimpion will launch CHIMP Academy. The organization also has plans to add plugins for eBay migration, Amazon import and inventory control, all developed by Shopping Cart Elite. Chimpion also plans to release the Chimpion Wallet in early 2019, based on Bitcoin Diamond's BCD Pay Wallet, including trading integration. About Chimpion Chimpion is a cryptocurrency e-commerce platform that enables any merchant to begin accepting cryptocurrency payments online. By holding Chimpion (CHIMP), merchants can gain access to Chimpion's robust crypto e-commerce platform for free, without needing to pay a monthly subscription fee. Chimpion was developed using technology from Shopping Cart Elite, Paytomat and Bitcoin Diamond (BCD) and combines comprehensive e-commerce features with convenient payment processing. Chimpion's primary goal is to drive the adoption of cryptocurrency as a payment solution by operating a rich e-commerce platform centered around digital assets. New startups and established merchants alike can become part of Chimpion's vast network to take advantage of its fast and affordable transactions and user-friendly infrastructure. Website: https://www.chimpion.io/ Whitepaper: https://www.chimpion.io/whitepape Bounty0x ID: ecamli
FINALLY !! A CHIMPION CREATION! ALLOWS MERCHANTS ADOPT E-COMMERCE THROUGH DIGITAL CURRENCY
https://preview.redd.it/kj0mt2cfofe21.png?width=1600&format=png&auto=webp&s=69476eb9d1653873ca82eacbb408c14008af7cc3 INTRODUCTION Since the inception of cryptocurrency and the bitcoin technology, there has been different platform and trading for cryptocurrency blockchains, we know that the bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Chimpion is an all in one ecommerce, point of sale, digital wallet with crypto to fiat settlement system. Chimpion’s is launching e-commerce storefronts that allow merchants to accept cryptocurrency payments, choosing their favorite altcoin as the base currency denomination and allowing the merchant to settle their crypto into fiat through a stablecoin. Chimpion (CHIMP) provides merchants with a simple yet sophisticated cryptocurrency payment system with a custom e-commerce and settlement backend. Through Chimpion’s innovative technology, merchants can launch full-fledged e-commerce storefronts and accept cryptocurrency payments online, with the option to set the coin of their choice as the base currency denomination. With a built-in incentive program and dedicated wallet, Chimpion gives businesses a seamless connection to the world of digital commerce.
THE CHIMPION BRAND
Chimpion is derived from the word “champion”, to signify both the coin’s superiority over incumbent cryptocurrencies and the organization’s core mission of championing the adoption of crypto for e-commerce. The word “champion” has a similar pronunciation in many widely-spoken languages, making Chimpion a highly relevant name to numerous cultures. Monkeys have historically played an important role in both Chinese and Indian culture. The chimpanzee was chosen as a mascot to represent Chimpion because of the species’ association with exploration, being one of the first animals to travel into space. Likewise, Chimpion is pioneering a new era of transacting by driving the adoption of cryptocurrency for e-commerce. Chimps are also known to be highly intelligent compared to other animals, even surpassing human memory of numerals in some cases, which symbolizes the benefits of a blockchain-enabled economy. Highly community-focused and even capable of empathy, altruism and self-awareness, the chimpanzee is a fitting symbol for Chimpion, which aims to drastically improve the way humans exchange value.
Chimpion (CHIMP) powers our merchant storefronts and e-commerce ecosystem. It is the bounty incentive to onboard merchants in an effort to drive adoption. CHIMP will also be the base currency denomination in the Chimpion Store, which will feature our exclusive apparel product line along with gift cards from major retailers and merchants from the Chimpion directory. Banana Token (BNANA) is the reward layer of the Chimpion ecosystem. BNANA is earned through purchases from Chimpion merchants using CHIMP or any other cryptocurrency. BNANA functions like points on a loyalty card, which can be redeemed for promotional offers, discounts, and exclusive products.
Chimpion is hosted on the EOS blockchain using Delegated Proof-of-Stake (DPoS). DPoiS, a method invented by Dan Larimer, resolves many of the problems seen in Proof-of-Work (PoW) and Proof-of-Stake (PoS) systems. In a DPoS system, a technological democracy is created by a community of block producers and staked users that agree to a certain set of rules. DPoS and PoS are two different protocols; in a PoS system, every wallet that contains coins is able to participate in process of validating transactions and forming consensus, thus the more coins in your wallet, the more coins you will eventually receive. With DPoS system every wallet that contains coins is able to vote for representatives. These representatives validate transactions and form consensus, and are paid for their efforts through the system. This avoids a pitfall of PoS, which is that, just like in PoW, consolidation will eventually occur.
Chimpion’s crypto e-commerce platform is powered by a unique, delegated proof-of-stake (dPoS) consensus. Our engineers have developed the Proof-of-Store as Proof-of-Stake (poS as PoS) protocol, allowing any Chimpion-powered merchant storefront to become a masternode on the CHIMP blockchain. The Chimpion blockchain will initially operate in the form of an EOS smart contract, which will migrate to its own chain upon the launch of our mainnet. This will enable us to integrate our advanced e-commerce platform with a secure smart contract blockchain that will feature loyalty rewards, dApps, and token creation for our merchants.
By holding Chimpion (CHIMP), merchants gain access to Chimpion’s robust crypto e-commerce platform for free, without a monthly subscription fee. Developed by Shopping Cart Elite, Chimpion’s crypto e-commerce platform combines the features of popular e-commerce platforms like Shopify and WooCommerce with the convenience of payment processors like Stripe. Our cryptocurrency storebuilder does not require any additional plugins and will be further enhanced with future dApps. Chimpion also functions as a payment processing system and checkout method, similar to Stripe. Unlike with Coinbase and BitPay, Know Your Customer (KYC) processes are not necessary, as merchants can choose to either settle their funds in cryptocurrency or automatically sell for their preferred stablecoin with assured privacy. The following stablecoins are supported: USDT, TUSD, USDC, GUSD (NYDFS-approved), and PAX (NYDFS-approved).
Chimpion’s in-house developed proprietary system is currently being migrated to EOS and includes Paytomat Core in the form of an EOS smart contract and services responsible for maintaining merchant accounts and balances, merchant interfaces (Merchant Web Panel, Merchant App, POS integrations, and e-commerce plugins), and consumer apps (non-custodial cryptocurrency wallets).
Chimpion’s primary goal is to grow the adoption of cryptocurrency as a payment solution by creating a rich e-commerce platform centered on digital assets. We look to not just onboard merchants, but also to create partnerships with the core teams of established crypto projects. Through Chimpion, new startups and established merchants alike can utilize our vast network and propose their business concepts to various cryptocurrency projects. If core teams do not take notice, Executive Diamond Node holders can vote to select that project to receive funding. As an example, take the following scenario: Carlos wants to start a dress shirt brand by launching a Litecoin-denominated storefront through Chimpion, where all products are listed at 1 LTC regardless of price volatility. He wants to cater to the Litecoin community so he buys a given amount of CHIMP and submits a proposal to receive funding. Carlos needs $20,000 as initial capital and a $5,000 monthly allowance. The Chimpion community votes in favor of his project, so he receives the funding in CHIMP and his storefront is listed in the Chimpion directory. Charlie Lee, founder of Litecoin, takes notice and promotes Carlos’ business to his 700,000 Twitter followers. By pairing the right concept with the right core team, Chimpion creates an ecosystem where real businesses selling physical goods and services will help drive the adoption of various cryptocurrency projects, benefiting everyone – merchants, developers, and investors. Our target audience consists of three customer types including cryptocurrency core teams, merchants wanting to accept crypto, and customers paying with crypto.
The Chimpion network will be secured with 256 bit SSL encryption and advanced security measures will be taken to ensure privacy and data protection. The Paytomat centralized merchant dashboard and Shopping Cart Elite databases will remain on Shopping Cart Elite-hosted servers and the database vault will be hosted on Amazon EC2 for the duration of 2019. In 2020, the database vault will be migrated to the Chimpion blockchain.
BCD PAY WALLET
BCD PAY WALLET is integrated with #chimpion network, it is a mobile wallet that can be downloaded from google play store with a friendly and an easy to use interface. Every smartphone could become a sophisticated banking platform where users can transact and place orders on the go. Users can use it to send and receive a vast range of digital assets, pay for deliveries, shop online securely because it has the latest security functionality. BCD PAY WALLET GOOGLE PLAY DOWNLOAD BCD PAY WALLET APK ANDROID DOWNLOAD The mobile application will also be made available on iOS (Apple Play Store) soon, the app will serve as a mobile payment gateway, users will be able to use digital assets to pay for services rendered to them instead of the use FIAT (Government issued currency.) that was traditionally used for payment. The wallet supports all ERC-20 tokens, all EOS tokens, Bitcoin Diamond, Bitcoin Core, Litecoin, Dash, Ethereum, Waves, Bitcore, and many others. https://preview.redd.it/6eqhiljgpfe21.png?width=1717&format=png&auto=webp&s=5063a80e5dddbba589ee7a9a1037b25b86dfa6a4
CHIMPION CURRENT MERCHANTS
Mahone’s Wallpaper Shop
ABOUT CHIMPION TOKEN (BNANA)
BNANA is the abbreviation of CHIMPION TOKEN which was created on the EOS blockchain, it is EOS compliant. BNANA is a digital asset that is virtual & electronic which will be used as the standard mode of payment for services rendered on #chimpion platform. Users or holders can purchase merchandise from any merchants on CHIMPION powered online stores without any hiccup.
COIN NAME: CHIMPION TICKER: BNANA NETWORK: EOS COMPATIBLE TOTAL SUPPLY: 100 BILLION BNANA
Why is does the New-Left defend the CIA? It's a hypocritical for a group that values Universal Equality to support a CIA that uses racial, sexualilty, gender profiling as threat-assessment to Target Individuals on a Disposition Matrix, and cyber-harass them in various ways.
The Intelligence Community's Disposition Matrix is Racist The New left wants equality:
For all genders
For all sexual preferences
For all races
For all religions
For all creeds
For all substance usages, preferences
For all religious clothing preferences
For all dietary choices
For all lifestyles, recreational choices, habits
And yet each of these things are being micromonitored by the state and put on a threat-assessment. If you are black, you are considered a higher threat than a white. If you are male you are a higher threat assessment than a female. If you are a Muslim, you are a higher threat assessment than a Christian, unless you have a bullhorn and a stack of bibles in your home and you've been visting the local university to request a permit to acesss the student union (ie: you're an evangelical provocateur unwelcome on campus). If you believe in Scientology you're a bigger threat than an Atheist. If you smoke you're a bigger threat than if you don't. If you have tatoos you're a bigger threat than those who don't. If you've attended a Wicca meeting you may be a bigger or lesser threat depending on which political party is running the Threat Assessment Software at the time the assessment is made. If you are a vegan, you're a larger threat than if you aren't (they want you to eat industry's milk and industry's meat and get cancer and weird diseases and be unhealthy---each industry makes money off you at every stage of your life). They consider you more of a target (threat to their money) if you are gay depending on who is running the software; as well as whether you are a political enemy or not. Or if you are gay AND use drugs or not, which many do (club scene)--by the numbers. They consider you a threat (to their money) and make you a target if you are on disability. All of these things make one a target for a cyber-harassment campaign. If you complain about the CIA, or FBI or are critical in any way of the Government or a public figure within the government, or the deep state or a member of the political elite---especially on REDDIT or VOAT, and write God-bothering essays almost every day, then you set yourself up as a target. Usually though, people only engage in this activity as a RESULT of realizing heuristically and by evidence they've been targetted already. It makes people crazy. Their only empowering response is to fight back with information warfare. It's just some are better at it than others, and as we've seen, keyboard warriors--long considered lumpen trolls--have changed the course of history. President Trump being evidence that people can block a wicked war witch and criminal from becoming POTUS. What is Cyber-harassment This is a sampling of things that tightly-integrated big-data systems and Disposition Matrix software can accomplish, causing degradation of someone's life, leading to them to social isolation with the hopes of eventually killing themselves.
Degrading people's communications
Aggressively interrupting voice communication
Sending important inbound phone calls to voicemail, from prospective employers
Delaying or silently dropping emails
Flagging emails as spam putting legit emails into spam (for example someone in contact list)
Constantly flagging legit credit card purchases as fraud
Delaying / dropping / losing US mail, esp Voter Registration or Absentee Ballots
DDOS attacks on your computer equipment (ex: bitcoin miner) that appear to be from various other countries (why is china/russia attacking my computer, I'm John Q. Shouldn't Matter to Them) *
Can Numbers be Racist? One would expect this system would cause outrage. But the justification that is thrown up as a kind of social justice hypocrisy firewall is the idea that all of this Disposition Matrix is simply run "by the numbers". It's fed historical and live data from police districts all over the world. It's vaccuming massive amounts of data from Bureau of Prisons, from private security firms like Infragard, USGIS, FBI, JTTF Fusion Centers; purchase data from large retailers; your amazon shopping cart; to build this "perspective"
How can numbers be racist? How can a system be racist?
Well, first of all raw numbers ignore policy and culture, but that's for a longer essay. Somehow, we can't even get beyond the numbers because there is this aggressive defense of the Establishment that's based on a very poor read of History and a very poor relationship that the New-Left has towards actual social justice and actual criminal justice
For example, if someone isn't doing anything wrong, but they just happen to be political enemies of the prevailing party that is in power, is social or criminal justice being done when they are targetted and harassed by software in various ways? The answer is a resounding NO. But try to tell the New-LEft that.
Threat Assessment With that in mind, instead of the New-Left lashing out to their neighbors--who ought to have a right to make judgments and have opinions of their own, opinions that don't really affect others--they should take a deep look in the mirror instead and ask themselves why they are supporting a biggoted system that treats EVERY EQUALLY as UNEQUAL. Because under this system, NO ONE is a match for some kind of assumed ideal-person a "Perfect individual" with a very low threat assessment: A perfect orwellian white anglo saxon protestant christian churchgoing technoserf that is both highly skilled and politically inactive, stable at work and personal finances, borrowing lots of money for the biggest house he can just barely unafford, who has perfect hair and teeth, is charismatic and never talks politics--only fashion; someone who follows all the rules without question and never talks about the rules and never wants anything to change and wants everyone to be just like him.
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