PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries.

https://prepayway.com/

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been hard efforts to implement blockchain on several aspects of global business processes, Blockchain technology has been described as having the potential to disrupt many industries at low cost. transactions, eternity, and enhanced security. In the following years, many other blockchain implementations have been developed with each showing unique features tailored to specific use cases.

Blockchain has made it possible to issue almost all assets through the distributed ledger framework. With the help of cryptocurrency tokens, these assets can be given economic value to start and validate some transactional processes. Several on-chain protocols have been developed by a number of startups and companies that were established to create blockchain-based solutions.

On this occasion I will provide interesting information, especially in the world of Cryptocurrency. This ICO project related to the world of Commerce, called PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries. Before the discussion, it's a good idea to read reviews that can help get information in seeing their vision and mission. Hopefully this information, of course, will give you a little insight and interest in getting involved with the ICO PrepayWay Project.

About PrepayWay

We all know that being to run an international business always experiences several problems such as a manual payment system using a lot of paper documents which are very vulnerable to transparency, a low level of security and reduced trust. The effect of all this is that finally all stakeholders who have an interest in this business such as suppliers, buyers, until the transporters experience problems with stunted cash flows, payment disputes, and difficult to maintain liquidity problems. These problems exist and continue to run if we make payments on international trade transactions by manual method and will give a big domino effect too. For this reason, PrePayWay is here to provide an international payment solution that is able to solve problems by building a blockchain ecosystem.

PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracts and payments for companies in various industries. The solutions presented by PrepayWay will revolve around combining the functions of banks, lawyers, arbitration agencies and escrow agents through digital contracts, self-run smart contracts, payment options for fiat and cryptocurrency, escrow services, and dispute resolution.

PrepayWay Blockchain Ecosystem has been designed to be self-expanding and effortlessly scalable to support all types of international business operations, ranging from real estate to global commercial trade, with market size of up to 15 trillion USD.

The idea for PrepayWay was born in Switzerland, where computer science, banking, international business, and legal professionals came together to revolutionize business processes. Coming from a plethora of professional backgrounds, the diversely experienced team is dedicated to creating an ecosystem that facilitates secure, swift, transparent commercial transactions, all while reducing transaction costs.

All solutions developed by the Blockchain ecosystem PrepayWay focus on helping traders, logistics, crypto industries, and personal users.

Solution

• PrepayWay RealEstate: This solution makes real estate transactions direct, safe, flexible, and transparent by eliminating third parties and enabling digital contract signing.

• PrepayWay Global Trade: With this blockchain solution, international business transactions are safer and more convenient through smart contracts that run themselves and store transaction data on the blockchain.

• SmartArb: This is a dispute resolution network with international mediation and arbitration experts who use smart contracts to provide fair, reliable and efficient dispute resolution services.

• Elleeo: Elleeo is a loan market where Prepaid users can borrow or lend to each other using real assets as collateral.

Benefits

• Integrated Payment Gateway: Secure money transfer mechanism and integrated payment channels in the form of digital currencies and fiat currencies with reliable and licensed escrow partner support.

• Tamper Proof Transactions: By combining decentralized data storage on the blockchain with smart contracts that are self-implemented for all transactions, PrepayWay ensures there is transparency and the ability to track all transactions. This, in turn, reduces fraud and theft of funds.

• Smart Contracts: All smart contracts in PrepayWay are automatically executed which reduce the risk of fraud and eliminate the need for intermediaries to carry out contracts. This reduces legal fees, arbitration fees, and other transaction costs. However, to activate or access smart contracts, users must obtain an InBit token.

• Agreement Customization: PrepayWay has an intuitive and user-friendly interface that can adjust agreements. The interface also displays recommendations and detailed explanations that can be accessed in various languages.

• Enforceable Agreements: In Prepaid ecosystems, participants can obtain legally binding agreement templates designed by legal experts and lawyers in accordance with the laws and national regulations of a particular country.

• Smart Dispute Resolution: SmartArb gives members of the PrepayWay ecosystem efficient and enforceable dispute resolution methods for international businesses.

Token PrepayWay (InBit)

InBit tokens are required to access and activate Smart Contracts. As long as the Smart Contract remains in force and effect, the service fee paid in tokens is locked as part of the Smart Contract.The more Smart Contracts are in use at any point in time, the more tokens are locked. The number of InBit tokens frozen at any point in time has a direct correlation with the demand for our Smart Contracts.

Token details

• Token: InBit
• Platform: Ethereum
• Token type: ERC20
• Available for sale: 6,500,000,000 InBit (50.93%)
• Pre-sale price: 1 InBit = 0.003 EUR
• ICO time: April 18, 2019 - TBA
• ICO Price: 1 InBit = 0.01 EUR
• Receive: ETH, BTC, LTC, BCH
• Hard stamp: 50,000,000 EUR
• White List / KYC: White List + KYC
• Country: Switzerland

Roadmap

2017-2018

• The seed investment round was successfully closed.
• Prepaid Core Team.
• PrepayWay AG (HQ in Switzerland) was established.
• Prepaid System Swiss AG is established - Escrow service provider.
• Prepaid Prepaid System Estonia OÜ was established.
• Application and registration of the PrepayWay® trademark.
• SmartArb® trademark application and registration.
• Application and trademark registration of Inbit® (tokens).

2017-2018

• Prepaid Ecosystem Business logic.
• Prepaid Real Estate business logic.
• Elleeo's business logic.
• SmartArb business logic.
• Elleeo's prototype.
• The SmartArb model clause is published.
• Elleeo demo is fully functional.
• Prepaid Real Estate Prepaid contracts and closed testing negotiation processes.

Q1 - Q2 2019

• Stage 1 fundraising.
• SRO membership application.
• Visual prototype of Prepaid Real Estate.
• Demo version of the process of creating a real estate agreement.
• SmartArb rules are issued.

Q3 - Q4 2019

• Prepaid Global Trade Prototype.
• SmartArb as a fully functional institution of mediation and arbitration.
• Elleeo MVP,

Q1 - Q2 2020

• MVP Prepaid Real Estate.
• Multi-language country-specific legal templates.
• Framework for Fiat-crypto gateways.
• Crypto-crypto gateway framework.

Our team

Our partners

Conclusion

PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracts and payments for companies in various industries. The solutions presented by PrepayWay will revolve around combining the functions of banks, lawyers, arbitration agencies and escrow agents through digital contracts, self-run smart contracts, payment options for fiat and cryptocurrency, escrow services, and dispute resolution. PrepayWay Blockchain Ecosystem has been designed to be self-expanding and effortlessly scalable to support all types of international business operations, ranging from real estate to global commercial trade, with market size of up to 15 trillion USD.

For more information about PrepayWay, please click the link below:

• Website: https://prepayway.com/
• WhitePaper: https://prepayway.com/PrepayWay_Blockchain_Ecosystem_Whitepaper_V1.1.pdf
• Twitter: https://twitter.com/PrepayWay
• Facebook: https://www.facebook.com/PrepayWay/
• Telegram: https://telegram.me/prepaywaychat
• Linkedin: https://www.linkedin.com/company/prepayway/ 
• Instagram: https://www.instagram.com/prepayway/
• Medium: https://medium.com/@prepayway
• Bitcointalk: https://bitcointalk.org/index.php?topic=5065060
• ANN Thread: https://bitcointalk.org/index.php?topic=5065060.0

Author: Tasya Nabilla
Profile: https://bitcointalk.org/index.php?action=profile;u=1785676
ETH: 0x5D18c94812D17a1Bf1CBe43b30585a3BEBf56b9d