NUPay - Project Review

We will provide Article to present the “ NUPay” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

NUPay in the midst of a technological revolution that is distinct and unprecedented in its scope, scale, and impact. i Evolving at an exponential speed, the technology introduced by the transformation will soon migrate into our lives as the basic tool of everyday transaction. 

In 2018, cryptocurrency is making its presence known. With its first appearance in 2009, cryptocurrencies, powered by efficient, secure, and cost-effective blockchain technology, are considered “the natural next step” for money and are now expected to become a mainstream payment instrument, readily usable for day-to-day transactionsii in the near future.

NUPay aims to connect users and the borderless retail markets by providing a reliable underlying infrastructure that will enable a “natural” transition or adaptation to daily crypto payments.

Starting with the launch of NUPay Wallet and NUPay Card, our crypto-based payment system will support various transaction methods in future.

The NUPay payment platform plays a crucial role in connecting users and merchants, and it will act as a solid foothold for the NUPay Project, giving it a head start. Our extensive partnership with on- and offline stores throughout Korea will provide scalability of the TPCT token, which will eventually fulfill its role as a real currency. NUPay is a simple and efficient payment system that will allow users to conduct easy, cost-effective cryptocurrency, voucher, and reward point transactions in the same way as using credit cards and fiat money.

The NUPay payment system plays a role in Linking users and retailers, and it’ll work giving it a head start. Our partnership with online — and offline shops throughout Korea will offer scalability of this token, which will meet its position as a money. NUPay is a payment system which will enable users to run cryptocurrency and benefit stage trades as using fiat money along with credit cards.

Vision and Mision

In the belief that cryptocurrencies will soon become the norm as a payment tool or “money,” numerous startups and companies are preparing to launch cryptocurrency-related services and technologies.

TPCT, NUPay’s brand token, functions as a medium of exchange and a store of value that can be spent and collected, credited, or accumulated through the NUPay Payment System. The NUPay system, spanning both on- and offline markets, will allow the use of TPCT tokens and other major crypto coins, along with reward points and vouchers. Promoting everyday payment in cryptocurrencies, increased TPCT’s utility and practicality will enable its function not only as a means of payment but also as a valuable asset.

Upon the completion of the NUPay platform, our team will launch our services to consumers and merchants, with the ultimate goal to create an environment in which numerous partners co-exist and in which NUPay maintains its position as a blockchain-based project that encompasses both the on- and offline realms. ( Read Whitepaper )

Benefit NUPay

• Blockchain-based execution will remove all the intermediaries of the current transaction procedure, enabling the lowest possible transaction fees through providing effective blockchain based decentralized payment process.
• Various means of payment, including cryptocurrencies, gift cards, vouchers, and reward points, will be compatible with this platform and may be used to purchase goods and services.
  When a payment is made on the NUPay platform, a maximum 2% of the total purchasing amount will be credited to the user’s account in TPCT tokens. The credited TPCT tokens may be used just like other cryptocurrencies, reward points, and vouchers in the user’s NUPay
  account.
• Technical support will be provided to existing cryptocurrency holders when they use their TPCT tokens and other cryptocurrencies, not only as a medium of investment but also as a payment tool in our vast network of partner stores.

NUPay Blockchain function as cornerstone of NUPay, and, users Retailers shops and allots all payment- history at a master node like transaction details, account balances, and payment speeches.

Designated nodes for validation from the master node will Effectively validate transactions when required, and might incorporate a new network of participants and users.

By linking to the payment gateway providers, Transactions will be enabled by nUPay Blockchain in cryptocurrencies in precisely the exact same fashion as payment procedures that are current. Tender and cryptos will be classified and handled as a single set from the procedure within the NUPay Blockchain. This permits governance to be performed by the NUPay blockchain.

A bulk is needed by every change Vote between nodes. Bitcoin, the, utilizes a PoW algorithm to facilitate an arrangement between nodes. But, the slow PoW algorithm of Bitcoin isn’t acceptable for payment solutions because of the rate. This dilemma is resolved by the NUPay Blockchain by enabling a string of validation nodes that are authorized to employ consensus every couple of seconds, thus.

After an arrangement is reached by the neighborhood of nodes, the older Settlement ledgers are removed, and ledgers are made as the blockchain status. This NUPay Blockchain’s nodes maintain exactly the ledgers that are closing. Thus, the NUPay Blockchain supplies a payment system which carries out a trade with no delay or period lapse and eases, unlike any payment procedures.

NUPay Scan is NUPay Blockchains. Contract, and every trade holder’s wallet could be searched. NUPay Scan works to BTC’s BlockCypher or even the Etherscan of ETC.

After NUPay millions of trades happen per hour Blockchain is linked into the payment method. NUPay Scan monitors indicators info that is necessary, these trades, and immediately mass information when required.

User Membership Ranking System

NUPay Users will be ranked into different membership levels based on their TPCT Token deposit holding amounts and the number of purchases. The conditions for the membership rankings are as followed:

Token Detail

Token Name : TPCT

Platform : Ethereum

Total Token Issue : 2.500.000.000 TPCT

Standard Set : 1 ETH = 15,625 TPCT / 0,000064ETH = 1 TCPT

ICO Amount : 64,000 ETH = 1,000,000,0000 TPCT

Softcap : 500,000,000 TPCT

Hardcap : 1,000,000,000 TPCT

The ERC20 token will be used by the NUPay Project Team Through the sale that is personal, chief ICO, and the way into the list. After Conclusion of the evolution along with also the NUPay mainnet launch of this NUPay Platform, Investors will be free to swap their own ERC tokens through the NUPay Wallet or That the exchange markets in a ratio.

Minimum Balance System

The NUPay Users will be required to put in a minimum balance of 5,000 TPCT Tokens. This will create an increasing correlation between the number of the NUPay Users and the TPCT Token value.

As the # of the NUPay Users increase, TPCT Token purchased amount by the NUPay Users will increase. This will eventually result in the TPCT utility level to increase as well. For example, if the NUPay User # increases from 10,000 to 100,000, the TPCT Token Purchased Amount will increase from 50,000,000 to 500,000,000 due to the required minimum balance of 5,000 TPCT Tokens. This increase will result in the rise of the TPCT utility level.

Roadmap

For More Information You Can Visit Link Below :

Nupay Website : http://nupaymentalliance.com/

TPCT ICO Website: http://tpct.io/

Whitepaper : http://tpct.io/filedownload_white.php?lang=en

Bitcointalk username : Letty sits

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1349446