It's FUD, how stupid the plaintiffs attorney will look when they bring the NDAs up in court and show proof they had this program all along and shut down the other allegations with proof and facts. Plus Centra Cards are going out, what will they say then? That Centra still doesn't have a product? This is FAILED attempt to bring down a real ICO that had FUD problems but stood with it and is delivering! I for one cant believe people don't realize how great of a product they have being able to spend these assets in real time with real time conversion all running through their own blockchain system for instant settlement. Oh boy 2018 will be fun. -DG |
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@CentraTech Robert, you have still not answered to this post. When the user swipes their card, our application checks the "active" asset selected and if the user balance in that asset, for example bitcoin, is greater or equal to the transaction, the card instantly will be credited the amount from our Mastercard Settlement Account held with the issuing bank to pay the transaction (Real-Time Loading + External Authorization Method), and then deducted from our "active" selected asset. This would require that the payment process interact with your application somehow, I genuinely do not see where this is taking place in the transaction flow. I'm going to have to assume that the issuing bank is offering a service whereby its systems provides for that prior to the authorisation message. In any event, my concern is regarding the exchange rate being fixed prior to the transaction by way of the user 'selecting' it in the app, as opposed to a real-time rate, and is both confirmed by you, The whole point of this service was that users would be able to store the cryptocurrency safely and for the transaction to deduct the equivalent amount only as and when card expenditure is triggered, but this 'selection' process you describe can only be for the purpose of setting a fixed cash value, which means there is no benefit over existing cryptocurrency card services. - That is correct, and that is how the system works. ...and then contradicted When you, as the user, makes a swipe/online transaction, at that instant moment we are giving you a market exchange rate to fiat conversion that allows the charge to be approved. We also have a formula to configure slippage as we use numerous exchanges connected to CCE via APIs to always perform the safest/closest transaction exchange.
So which is it? Does the 'selection' process fix the rate to be whatever Centra is offering until the cryptocurrency is 'deselected' by the user, or does it provide for a real-time exchange rate at the time of the transaction?Because the answer to the question I have highlighted at the end concerns the entire premise of your product and the claims made during its ICO. Instant Real Time, BitPay for example is a load feature, Centra is a instant feature, where it takes market rate at the moment of the swipe. |
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Patience is a virtue. They are verifying everyone's entries. Translators were involved in other countries not included in the spreadsheet through Bitsset for various Asia continent countries. If your not happy that's your problem.
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Smartiphone is not a Centra Manager and does not work for the corporation. This thread title is false. Centra has already mentioned to go to: https://support.centra.tech and File a ticket if you have any issue. Centra's customer service is the best in this industry. They actually respond to every ticket. |
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When can I get my tokens for a bounty company in social networks twitter and facebook? I already did this before but I have not received any payment  Please visit: https://www.centra.tech/ctr-bounty - Press submit they will have your data and will contact you for redemption information. Currently the Thank you page is being fixed. Thanks |
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We have also set up a support center if anyone has any issues/FAQs/complaints/bounty redemption etc.
https://support.centra.tech
Thank you. you can't ignore the fact that you have not paid the bills bounty!and you have a mess,you will be able to control the card and who you trust if you don't keep promises in the little things?of course you can once again removed my post,but I'll write)a lot) am for honesty and the card with podhod maybe no one will see(do not lie to people(tell the truth Their is a new representative to handle Bounties as their was issues with verifying correct information. Please send in your ticket and it will be handled as everyone elses is. |
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Hi @CENTRA,
you say in Twitter "Learn how our new blockchain will be launched and $CTR token swap will be handled!" what does this mean? Are people's current CTR erc20 tokens in total risk of loss if they do not "swap" them and keep them in MEW? Is there a deadline?
When would you publish a written guideline on how to "swap"?
And you highlighted many times that ICO contributors should not change their wallet balance/address or else they won't receive their cards...so how does this coexist with the "swap" statement-> or would you ignore the swap scenario for the card issuance matter?
thanks
This won't happen till Q1 2018 with plenty of time to go over the information in detail on how the swap works. ERC20 will be converted to Centrachain CTR (1:1) Also the only time they stated you couldn't trade your CTR was during the ICO period. You are free to do whatever you want with the tokens you own. Thank you. |
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I Just found out the bank issuer of Centra Tech after continiously researching whilst gathering intellectual information.
Not sure when I am allowed to share it duo to NDA.
Let's give it some time. They will announce as so will users as time progresses. Let's protect the company so that myself and all contributors can see the hard work pay off. |
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i do not what the fuzz is about regarding the Prepaid or debitcard.
Most likely it is prepaid since they are not a bank and any other project will have the same principle-prepaid.
And in the end if the product works and the "upload cycle" is fast enough - who cares.
Exactly, we just have a FUD master in this thread, I choose not to delete his topics this time because they had relevance but his tone makes sense on the direction he is leading. Let the road map work its course. Once everyone has their cards and they see how it works they'll be happy. There is no "load" feature when they use the wallet to use their card, just select the asset your using and let CCE do the rest. It's very simple: Deposit Crypto Select Asset Open or Close app it's up to you the asset selected remains active until switched. If your balance = greater than the charge on the active asset = approved If your balance = less than the charge of the active asset = declined They have tested it and it works. Everyone will see soon. |
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Centra never has made a statement to say they are the bank. They have many times stated the card is issued by the bank and not by Centra. They just run the program through the issuing bank whom facilitates all of the charges that get approved/declined by the card issuer in this case Mastercard. Also I have personally seen the patent application and form. If you want to contact me present your ID and sign an NDA I'm sure they can show you too to prove you wrong.
They have also stated that it is a Prepaid card to their users in AMA's, and that picture was posted by Robert(COO) . They obviously blanked out the issuing bank information for now until mass production is ready so people cant go try to undercut and steal their program. Try calling around, it isn't that easy to find a bank to do a crypto program. They did it though!
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i think centra will boom by 2018!  You are right now it is very close to enter into new year I also have some good hope for this project. This industry is really high so that from point of view it has good chance to become big thing in next coming days. This a great market! Market Cap over 225+ Billion. Lets spend those cryptos |
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I'll look at the address from which tokens were paid, the last payment was 4 days ago, so they have already paid everything or are paid in installments?
They paid 100% for signature and rest is all incomplete,8 weeks are completing this weekend and they are increasing the time to pay to protect the dump of CTR tokens.It's totally unfair to make bounty participants wait for more time. Please fill out https://www.centra.tech/ctr-bounty if you did not receive your verifiable social bounty. Thank you |
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A prepaid card, not a real-time debit card? Wasn't this project's entire thing about it being a debit card? Isn't the whole premise surrounding the supposedly innovative 'CCE module' that it converts cryptocurrency to cash in real time as the transaction is being made in-store? Otherwise, if all you're offering is a pre-paid card which has to be credited with cash prior to use, then you're really only offering a back-end exchange service with withdrawal of fiat to the card balance account which isn't at all the ground-breaking 'real time' conversion/spending claimed. Their will be standard PIN to use just like a typical debit card. Your assets are always stored as cryptocurrency. The way CCE works is through its patent-pending technology which when the user swipes it'll convert it into real time fiat to approve the charge and deduct your cryptocurrency as the result of the purchase. I think you don't quite understand the logistics of what actually happens with these prepaid debit cards as opposed to checking/current-account debit cards. Centra Tech are not a bank. They are issuing these Mastercard prepaid debit cards as a reseller, not as the entity which actually holds the funds for the cards. The card accounts are held by Mastercard and when the card is used for a transaction the card-reader pings to the Mastercard account with the intended amount to be debited for that card to verify that the required funds are available. Centra Tech's 'App' appears to simply allow the user to sell their cryptocurrency to Centra at a rate determined by Centra, in order for Centra's own fiat funds to then credit that user's Mastercard account in a regular electronic bank transfer process. Centra would no-doubt be 'buying' the crypto at a below-market price and selling it on an open exchange for a not-less-than-the-purchase price as soon as possible following the purchase from the user, I figure. The limits of the 'real time' speed of Centra's bank being instructed to make a payment to a particular Mastercard account and for that prepaid card account to then register the credit as being available for a transaction to complete isn't even the major hurdle here, it is the fact that they would need the card-reader process to trigger the credit from Centra's account to the user's Mastercard account in the first place. That isn't going to happen with a Mastercard pre-paid debit card. The card-reader process will ONLY ping the card account for availability of funds in order to approve the purchase, which means the credit has to be there BEFORE the transaction commences. You don't work for banking, you have no clue what your talking about. Please go look at how a REAL Authorization flow chart looks and you'll see how you got that one wrong. I for one have sat in on one of the phone conferences with the company and heard how the model works and it makes all the sense in the world that is why they actually FILED For patent for it as the CCE didn't exist before. Only time will show you wrong . But your too busy policing cryptos to know that. |
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A prepaid card, not a real-time debit card? Wasn't this project's entire thing about it being a debit card? Isn't the whole premise surrounding the supposedly innovative 'CCE module' that it converts cryptocurrency to cash in real time as the transaction is being made in-store? Otherwise, if all you're offering is a pre-paid card which has to be credited with cash prior to use, then you're really only offering a back-end exchange service with withdrawal of fiat to the card balance account which isn't at all the ground-breaking 'real time' conversion/spending claimed. Their will be standard PIN to use just like a typical debit card. Your assets are always stored as cryptocurrency. The way CCE works is through its patent-pending technology which when the user swipes it'll convert it into real time fiat to approve the charge and deduct your cryptocurrency as the result of the purchase. |
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If you have any issues with your bounty PM me I am in charge of all bounties and have the escrow. PM me what information you have from spreadsheet # to ETH # so we may validate. We have been paying bounties every week. Please PM if you have any further issues and no spamming the thread.
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@Centra Team will you ever release a wallet for MAC computers or any computer at all? and do we still earn interest for keeping the coins in that wallet?
There will be a mac and windows wallet in the future - currently their is a Web App which can be used on Mac or Windows via your web browsers (Chrome, Mozilla, Safari, Internet Explorer) Thanks |
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Just some latency with our bounty manager so we are trying to help at this point. Please send me a PM if you have not received so we can handle for you immediately.
Thank you
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sorry, guys, when will be bounty distribution??
Please send me a PM if you are missing bounties so we can handle thanks! |
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Hi,
We have been having distribution issues, I will be handling them personally please PM if you are still missing your bounty.
Thank you!
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Centra Tech - Official ANN Thread is open for discussion.
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