Alchemy - Project Review

We will provide Article to present the “ Alchemy” 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.

Speculative chemistry is a main digital money payment arrangement and innovation supplier in the Asia Pacific that forces on the web and disconnected vendors with quick, secure and advantageous mixture crypto-fiat payment frameworks and arrangements.

The vision of Alchemy Global Payment Solutions Limited (Alchemy is the brand name of Alchemy Global Payment Solutions Limited while ACH is the Token given by the Alchemy, and is utilized as the condensing beneath.) is to give open-source protocols and quick item advancement stages for the biological system accomplices to assist them with quick, secure, helpful, adaptable and quickly developing worldwide payment arrangements, in view of the decentralization, shrewd agreements and accord instruments from blockchain innovation.

Through the rich encounters of Alchemy and its eco-accomplices in portable payment applications, the group is certain to lead the payment business’ innovation application in the blockchain period and to utilize the arrangements where the conventional payment is well known with dealers.

Through decentralized brilliant agreement payment understandings and the motivating forces for the development abilities of different payment innovation organizations, the group expects to enact the human abundance of technical gifts, utilize the consent to arrive at the accord of the business network, and assurance the straightforward usage of standards with innovation, so the digital money can turn into a significant piece of the genuine exchange soon.

Speculative chemistry’s quality lies in the group’s profound comprehension of the payment business and operational experience. The group knows the worldwide payment innovation pattern of wallet payment, cross-outskirt obtaining, corporate finances accumulation, gathering answers for staggered circulation and other conventional payment programs. It has a great system in the tech network in Asian payments.

Video Introduction :

Alchemy is a leading hybrid-crypto-and-fiat mobile payment company in Asia.

The positioning of Alchemy is to provide open source protocols and rapid product development platforms for our ecosystem partners to have access to fast, secure, convenient, flexible and fast-growing global payment solutions. These payment solutions are built based on the decentralization, smart contracts and consensus mechanisms from blockchain technology.

As such, our core positioning is to empower our ecosystem partners (shown in the graph below) by providing the infrastructure of payment solutions which are built upon the blockchain technology.

The Technological Advantages

• Alchemy payment consensus protocol can be deployed on various public blockchains, for example, Bitcoin, Ethereum, Stellar, EOS, Vite, etc., and at the same time, integrate Layer 2 payment solutions including Lightning Network, Raiden Network and State Channel Network.
• Alchemy provides

i) offline cryptocurrecny acceptance solutions over smart POS and mobile devices,

ii) online cryptocurrency payment gateway, and

iii) fast access to various applications for online API, SDK and mainstream plugins, for example, wordpress, magento, zencart, etc.

• Pioneering in PULLPAY protocol in the payment industry: Supporting blockchain to reauthorize two payment methods — PULLPAY and lightning network PULLPAY — to meet the needs of various scenarios in online and offline subscription.
• Offering payment and settlement solutions from crypto to fiat and from fiat to crypto.
• Providing an integrated solution for State Channel Network.

The table below refers to the comparisons between Alchemy Vs Existing Blockchain Payment Platforms. Alchemy focuses on providing payment protocols and open source development platforms that enable payment companies to adopt it with faster and reasonably priced services.

• Based on the Alchemy payment consensus protocol (Alchemy), partners can offer merchants a cryptocurrency bill payment solution, including SDK, Plugin, API and/or Gateway (one-stop rapid access).
• The supply and demand strategy based on Alchemy’s quantitative transaction risk model, the real-time dynamic exchange rate, payment, currency conversion and network mobility manages the risk caused by the large fluctuations of the cryptocurrency.
• Based on Alchemy, the two-layer network expansion schemes such as Lightning Network and Raiden Network are integrated and optimized to compete with fiat payment, accelerate payment and improve experience, and popularize cryptocurrency.
• Based on Alchemy, make an offline solution decentralized for the interaction between fiat and cryptocurrency, and empower partners who possess business networks/resources.
• Alchemy can reward its payment ecosystem participants by issuing and distributing tokens, which come from the transaction profit and the token reserve.

VISION

Speculative chemistry envisions that supported by decentralization, savvy agreements and accord system of blockchain, Alchemy would empower payment industry players to grasp the new time of payment innovation by completely using a progression of open-source protocols and open R&D stage to improve the effectiveness of cross-fringe payments; to give dealers and clients a quicker, progressively secure, increasingly advantageous, and progressively adaptable worldwide payment arrangement.

Objective

The Goal of Alchemy is to plan the payment protocol through network agreement, to manufacture a decentralized, trust controlled framework, to speed up the infiltration of digital currency into our day by day life; and above all to restore the privileges of payment to the shippers, the client, and the market.

One of the most crucial issues of customary payment systems is that legitimate FIAT monetary standards are the elite alternatives for exchanges. This at that point enables brought together organizations to hold control over the clearing and settlement forms.

As a decentralized open biological system, the Alchemy payment system gives access to different resources that can be sold, including however not restricted to different cryptographic forms of money, tokens, credit payments and purposes of credit specialist organizations, different types of computerized resources, and fiat monetary standards; at last opening up alternatives for exchanges and not restrain them to one single type of cash. We accept clients and dealers reserve the privilege to pick which cash to use for payment and repayments.

ROADMAP

For More Information You Can visit This Link :

WEBSITE: https://www.achpay.org/alchemy_english.html

WHITEPAPER: https://www.achpay.org/static/files/V3.8_WP-E_Alchemy_20190906.pdf

TELEGRAM: https://t.me/alchemy_official

MEDIUM: https://medium.com/@alchemyGPS

FACEBOOK : https://www.facebook.com/AlchemyGPS/
TWITTER : https://twitter.com/Alchemygps
YOUTUBE : https://www.youtube.com/channel/UC42hFOO1Jn6qqbvq4IuO4_w

Author : Letty sits
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
MEW : 0x822E5C6A30c4F19EAB048f957e4729eF56bCcA7F