PEPSCOIN
Vision of PEPS Coins
-Establishment as a function of real money, not as a virtual currency that is only used online!
- Established existence as a future alternative not a speculative currency.
-Enhancing the value of the coin through continuing management, not for temporary issue
Basic Characteristics of PEPS COIN1.Fast speed PEPS COIN was designed to be speedier than Bitcoin. Whereas Bitcoin block creation takes 10 minutes each, PEPS takes only 60 seconds, being 10 times faster. Also, size of the block is 4 Megabytes, 4 times larger than Bitcoin, thus enabling bigger transactions.
2. DecentralizationBy adopting Lyla 2 Re algorithm, our COIN has been developed so that some large mining companies can avoid the COIN monopoly through ASIC system mining and can also be exploited by GPUs and CPUs, which are accessible to the general miners. Compensation will be initially made to POW and will be converted to POS method if 70 % of mining is carried out.The company will take the lead in decentralization so that everyone can mine under equal conditions by providing a mining server.
3. Wallet PEPS COIN provides Wallet for Windows and Linux desktops, in which users will be able to store tokens separately, along with Web Wallet which can be used after joining membership online. Coins stored in Web Wallet service provided by PEPS TECH can be sent to PCs for separate storage any time, and individuals will be able to transfer PEPS COIN without any other additional function.
4. General-purpose PG(Payment Gateway)-systemGeneral-purpose PG-system provides payment for all online sites that require payment, such as online shopping malls, games, content services, and so on, and provide POS system for stores, which will also provide payments through PEPS cards in offline stores. In addition, it is planning to release PEPSCOIN PG API to GITHUB(
https://github.com) so that it can provide various forms of payment in cooperation with technical companies related to mobile Bluetooth payment and Internet of Things (IoT) payment.
5. Robust security systemsPEPSCOIN will have the latest security technology ahead of other COIN and will protect the assets of its owners. It uses a technology that encrypts all data and uses 128-bit SSL to secure personal information. Then use a firewall to block and protect 24 hours from unauthorized access and attacks from outside, such as DDos.
Application of PEPS COIN1. Providing online/offline payment means for anywhere in the worldPEPS will develop a payment system linking real currency with virtual currency, and allow payment on any online website by installing payment API. Also, PEPS will be used like cash, freely in offline shops, by developing PG system only for PEPS.
1-1.Groundbreaking payment function and application on all sorts of economic activity – PEPS PAYWith PEPS card, coin and points can be saved in card without a wallet and can be used for various service facilities. The payment fees for order Cards range from 3% to 5%, but the PEPS card will charge only 0%~1.5%, which enhances competitiveness. Also, all the payment system will be interlocked to support faster economic activity. It also has a physical card and an electronic card, which makes it easy to pay in mobile. The PEPS only portable payment machine and fingerprint verification system are manufactured and conveniently used not only by consumers but also by the merchant.
1-2. Applying universal PG system to various payment systemUnlike other coins, "PG system" of PEPS COIN will be applied to various systems. PEPS card affiliates(online/offline shopping malls and online game development companies) can host many customers through interlocking with PEPS PG system, and customers will be able to pay easily with PEPS COIN. Also, affiliates can interlock conveniently through PG system solution without additional settings. Also, affiliate fees will be minimalized (0%~1.5%) to ease the burden for affiliates. It is used as payment for various online contents through PG-interlocking / Investmentation for entertainment / user payment system for 1 person media broadcasting (Twich TV, YouTube channel) and supports online personal contents (to be applied to Webtoons, web novels, web dramas).
2. Deploy real-time transactions at 100,000 faster throughput per second.The PEPS database provides the best performance by improving several new functions in the existing database. This capability is being enhanced with a focus on significantly improving scalability in hardware in dealing with large multI-thread sizes.
PEPS focuses on database processing speed because the speed of writing in the process of database processing within the platform is the same as the actual rate, even though the transaction in COIN is fast. The PEPS database is currently in operation by designing a database that can handle 30,000 cases per second, and is planning to build and accelerate development of networks that can process 100,000 cases per second by the end of 2018. The platform design to realize rapid transaction is equivalent to proving that PEPS is in the actual real-time trade itself that they want to realize.
http://3. Continuous coin network aiming for futureBitcoin does not have its management organization, and the developer is still unknown. Its value as currency has risen, but its utility is trivial compared to its high value.
Also, Peps will operate the payment guarantee system after being listed on the international exchange to increase the value of coin, contributing not only to the survival of the coin but also to the rise of its value. After development, unlike other coins, the headquarters will continue to operate and manage coins. so that PEPS project will support the coin's growth into a substitute for cash in the future.
<Payment Guarantee System>
The Company will retains up to 20 % of the value of coin sales as an actual offline asset, and ensures that the Company holds the coin as a safe asset under any circumstances receives the basic value of coin. For this purpose, the company not only specifies legal matters regarding payment guarantees, but also publishes the transparent asset status through the company's website once a year.
<Asset Protection System>
This system is a system in which virtual money can be protected by law just like ordinary assets, and the company can help in giving inheritance or gift. The system is designed to prepare for heirs who do not know the password of their wallet in case of sudden failure in the owner's safety.If documents are submitted through a legal company in partnership with the Company, which is recognized by the coin owner country's law, the documents may be protected under the legal procedures relating to the general inheritance of assets.
4. Application of PEPScoin in sharing economy business. One of the most popular sharing economy businesses in recent years is Uber and Airback. For instance, suppose someone leases a house from Airbnb. Block-chain technologies can be used to automatically pay for housing reservations with PEPScoin, automatically lock doors when leaving home, and automatically notice the owner. Also, how convenient would it be to use Uber's taxi service to request a pickup on the PEPS platform and to use the PEPS payment system? Using these sharing economic systems, the low cost of PEPScoin only will cause further gains. Of course, if sharing economy is connected to a non-profit business, the transfer fee would be zero percent. In the sharing economy business, the PEPS payment system will expand the system to provide not only simple payments but also interfaces for each system.
Is PEPS payment possible in real time? In the Japanese capital city, there are many stores where bitcoin and other virtual currencies can be used instead of cash. But it is not used as common as before. Because unlike cash, the currency of bitcoin fluctuates a lot, so people have to check the price and make payment accordingly, making it very inconvenient for both buyers and sellers. To resolve this inconvenience, pepscoin connects the going price with the PG-system at pepscoin market. Now payment can be made according to the current market price. Pepscoin platform is nowdeveloping a system that shows real-time rates with pepscoin cards or mobile apps which facilitates payment.
-Plans for usage of coin revenue1. Core platform development and maintenance (15%)
2. Advertisement/Marketing (20%)
3. Card and finance system development (20%)
4. Operations and Management (Asset Protection System) (45%)
Stages on PEPS Business and Development Plans
LEVEL 01
- JANUARY 2017 : PEPS COIN idea planning.
- June 2017 : PEPS COIN Planning Validation.
- July 2017 : Organizeda PEPS project developer and support team.
- August 2017 : Started the development of the PEPS COIN platform.
- December2017 :PEPS COIN manual Version 1.0.
LEVEL 02
- February 2018 : PEPS COIN manual Version 1.2
- Apr 2018 : opened PEPS TECH ICO Web site and web wallet
- May 2018 : opened PEPS COIN 1st ICO Open.
- June 2018 : opened PEPS COIN 2nd ICO.
- June 2018 : published PEPS COIN Official App BETA Version.
LEVEL 03
-July 2018 : PEPS COIN Cloud Sale proceedings
- July ~ August 2018 : PEPS COIN was listed on the International Exchange.
- July 2018 : published PEPS COIN Universal PG-System BETA Version.
- August 2018 : provided PEPS COIN Universal PG and Formal API.
- August 2018 : recruitment for PEPS COIN PG-Application agency and franchise store has started.
- September 2018 : opened PEPS Mining POOL Source.
- September 18: issued PEPS COIN exclusive cards (Including an electronic card).
LEVEL 04
- signed Strategic Partner and Alliance Agreement in September 2018.
-PEPS COIN Partner with commercial game developers and websites.
- Developed solutions and other services using the PEPS infrastructure.
- established PEPS ATM inpublic places.
- Always keep up with market and users' needs
※The schedule above can be changed according to the development schedule, please check the website for details
