GRAFT - Universal Payment Processing Network

[graft-project]

Pre-ICO starts Sept 15 and when does it ends?

September 15-22

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[graft-project]

from the whitepaper, Supernodes facilitate the hosting of service Brokers

may I know what is that means in details?

Also the success of GRAFT network, also depend largely on the brokers.
anyone can be a broker or it need to be a registered entity?

are there anyone confirming that they want to run service brokers in GRAFT network?
if not, with lack of liquidity, im sure users might need to pay much higher price, when they convert their cryptocurrency or fiat money.

GRAFT Network is open platform, so virtually anyone (with necessary expertise and technology) can become a service broker and compete with other service brokers. GRAFT Foundation will provide a "default", "reference" implementation of service brokers to kick off the network.

[graft-project]

NEM Community is the biggest contributor so far to the ongoing GRAFT Network Token Pre-Sale!
It looks like all the bitcoins were sold out last week during the fall...
Don't forget that GRAFT Wallet and Point of Sale apps support BTC and ETH too!

[graft-project]

How to Become a GRAFT Service Broker
Implementing Centralized Features on Decentralized Network

It is not a secret that some payment functions cannot be fully decentralized, even if they are “placed” on top of blockchain technology. One example is credit card payment processing which implies a lot of compliance with various regulations, both local and international. But we still want to use those cards, and we would like them to work together with cryptocurrencies. GRAFT Network resolves this dilemma by introducing service brokers which implement specific features that cannot be fully automated by decentralized network. This short article explains how service broker work in a form of instructions for a newbie.

First of all, there are several types of service brokers: 

• Credit card accept broker
• Instant cryptocurrency accept broker
• Instant cryptocurrency exchange broker
• Payout (exchaging cryptocurrency to fiat currency and transferring to bank account)
• Identity verification broker

Any existing company-service provider (such as credit card payment processor or cryptocurrency exchange) can become a GRAFT service broker, and thus magically extend their business from “traditional” centralized world to the world of decentralized crypto payments.

1. Setup

• Integrate with appropriate GRAFT DAPI and test using testnet;
• Install your own full supernode or make a lease agreement with one or more full supernode owners.

2. Advertise

• Define your service offer:
  Client type (wallet, POS, or both),
  Region (country) or list of regions,
  Service fees (information about fee structure and/or exchange rates)
  
• Identity disclosure requirements (what elements of user identity are required in order to execute the service request).
  GRAFT Network will broadcast the advertisement messages to all supernodes and make it available to all wallet and/or point of sale clients connected to the network and matching the target audience criteria, along with your reputation score calculated by full supernodes based on historic data stored in the blockchain.

3. Process

• When a user needs particular service, the GRAFT software will automatically choose the service broker based on the best match or the user criteria and the broker offer.
  Once your service is selected, just process the service requests and credit or debit the user’s account as a result.   
• Share service fees with the processing supernode owner if you “lease” the supernode, or earn extra fees if you own the supernode.
  

[graft-project]

Off-the-Shelf Solution for Cryptocurrency Liquidity by GRAFT

http://www.newsbtc.com/2017/09/21/off-shelf-solution-cryptocurrency-liquidity-graft/

[bitofc]

From Graft network's FAQ

Full Supernode is both miner and service provider. It cannot perform its instant authorization functions or service brokerage (credit card acceptance, for example) without mining.

So a Graft FULL Supernode can reside in two physical device?
I can run a VPS as a service provider, and run a box of GPUs as a miner, and both can be linked as one Graft FULL supernode?

Thanks

[graft-project]

From Graft network's FAQ

Full Supernode is both miner and service provider. It cannot perform its instant authorization functions or service brokerage (credit card acceptance, for example) without mining.

So a Graft FULL Supernode can reside in two physical device?
I can run a VPS as a service provider, and run a box of GPUs as a miner, and both can be linked as one Graft FULL supernode?

Thanks

That's correct.

[haocoin]

had the project still keep update?
it's few guys know this project,would it spread in this website?

[graft-project]

had the project still keep update?
it's few guys know this project,would it spread in this website?

The presale is still ON:
https://www.graft.network/pre-ico/

[BitcoinArsenal]

If your wallet is full of crumpled cash and countless credit cards, then you’ve probably felt like throwing these all out one day. However, what are you supposed to use instead? Cryptocurrency? Well, not a bad idea. However, there are so many traps and pitfalls. Fortunately, the GRAFT team has resolved the issues and made the process easy
and bulletproof.
Graft is a universal payment platform that is based on blockchain technology and can be used by merchants and users alike. Our online platform combines features of both cryptocurrency and a decentralized point of sale. It means that whether you are a merchant or a user, you have an unprecedented opportunity to have all your finances controlled by a single means–a special credit card. If you want to know more details, you are welcome to get acquainted with our white paper.

[joae1975]

I got some.  Bought with NEM.  First time I've ever used NEM.  Is complicated.  I have no clue what to do with these tokens.  How to send them, etc.  Fortunately I don't have to worry about that for a while.  I understand how to send ETH tokens and such but this is a different beast.  I'm hoping these tokens skyrock.

[graft-project]

GRAFT Pre-Sale is ON,  get 30% discount:
https://www.graft.network/pre-ico/
Extra Pre-Sale Bonuses:
25 grf:token bonus on 500 grf:token purchase
100 grf:token bonus on 1,000 grf:token purchase
300 grf:token bonus on 2,000 grf:token purchase
1,000 grf:token bonus on 5,000 grf:token purchase

[bitofc]

I got some.  Bought with NEM.  First time I've ever used NEM.  Is complicated.  I have no clue what to do with these tokens.  How to send them, etc.  Fortunately I don't have to worry about that for a while.  I understand how to send ETH tokens and such but this is a different beast.  I'm hoping these tokens skyrock.

Using NEM with Nanowallet is very easy.
To send them, just click on "send" on top
check the checkbox "mosaic transfer"

From Attach mosaic, select currency dropdown box, select the mosaic you want to transfer, then click attach
below that, mosaics attached
in the amount text box, key in the quantity of mosaic you want to transfer, put in your wallet password, then click send

Screen capture shown below


https://imgur.com/a/uDzCG

Ouch seems that imgur is not working here, shall try to upload somewhere else and link below

[bitofc]

screen capture for post above


https://postimg.org/image/wu8eh72r9/

For more information about Graft network, you can join the official telegram group
https://t.me/GraftNet

For more information about NEM, you can join NEM telegram group
https://t.me/nemred (NEM related topics only! No price speculation talk!)
https://t.me/nemberia (Price speculation chat here + other casual chat with other Nembers)

[adsdas]

one month. this thread seem very quite. dev still countinous project? you should run some marketing campaign

[joae1975]

screen capture for post above


https://postimg.org/image/wu8eh72r9/

For more information about Graft network, you can join the official telegram group
https://t.me/GraftNet

For more information about NEM, you can join NEM telegram group
https://t.me/nemred (NEM related topics only! No price speculation talk!)
https://t.me/nemberia (Price speculation chat here + other casual chat with other Nembers)

Awesome!   Thx!!!

[graft-project]

one month. this thread seem very quite. dev still countinous project? you should run some marketing campaign

Dev is going on.
There are PoC apps available for download.
Learn more about Combined PoW/POS algorithm, CryptoNote enhancements, supernode, service brokers in GRAFT FAQs
https://www.graft.network/frequently-asked-questions/

[graft-project]

Say “Enough” to Cumbersome Crypto Wallets – an Easier Way of Using Cryptocurrency with the New Solution by GRAFT - CryptoCoinsNews
https://www.cryptocoinsnews.com/say-enough-cumbersome-crypto-wallets-easier-way-using-cryptocurrency-new-solution-graft/

[graft-project]

Off-the-Shelf Solution for Cryptocurrency Liquidity by GRAFT
http://www.newsbtc.com/2017/09/21/off-shelf-solution-cryptocurrency-liquidity-graft/amp/

[patrik1012]

Does the bounty is still alive? What is the next start of the campaign? I'm interested on becoming an ambassador I'm an educator. Thanks!