Review Alchemy - Global Convergence of Digital Payments

in #crypto • 5 years ago

Greetings to you dear subscribers. I have not analyzed interesting projects for a long time. And today was a new list of projects that are interested in the world of blockchain technologies. Today we will be talking in a financial project. Which allows us to trade and exchange cryptocurrencies, as well as to earn them. The project attracted my interest, and I registered on this platform. Judging by all the information, the project is already working. The project we are considering today is called Alchemy

There are many stores in the world - online or offline - that accept Bitcoin as a valid form of payment. From big online retailers like Overstock and Newegg to local shops, bars and restaurants. Bitcoins can be used to pay for hotel rooms, book flights, buy jewelry, buy applications, computer equipment and even a university degree.

Introduce

The vision of Alchemy Global Payment Solutions Limited is to provide open source protocols and rapid product development platforms for the ecosystem partners to help them with fast, secure, convenient, flexible and fast-growing global payment solutions, based on the decentralization, smart contracts and consensus mechanisms from blockchain technology.

The problems we often encounter

  • Cross-border transactions are costly and inefficient.
  • Items of expenses.
  • A large number of transactions cannot be proceeded because there is no trust between the two parties, and the centralized giant does not provide guarantee services and payment channels.
  • Opaque access rules for merchant/consumer.
  • Serious security and privacy issues.
  • Long processing of transaction disputes .
  • Cumbersome process of reconciliation, settlement and clearing.

Knowing these problems, Alchemy was created and came up with solutions to solve it!
Alchemy is a leading cryptocurrency payment solution and technology provider in Asia Pacific that powers online and offline merchants with fast, secure and convenient hybrid crypto-fiat payment systems and solutions.

About Alchemy

VISION

Alchemy envisions that backed by decentralization, smart contracts and consensus mechanism of blockchain, Alchemy would enable payment industry players to embrace the new era of payment technology by fully utilizing a series of open source protocols and open R&D platform to improve the efficiency of cross-border payments; to provide merchants and customers with a faster, more secure, more convenient, and more flexible global payment solution.

Technical Features

  • Alchemy payment consensus protocol can be deployed seamlessly on various public blockchains to enable acceptance of any cryptocurrencies.
  • Flexible payment models available to support industry needs, including PULLPAY (merchant to scan user) to meet a variety of subscription-based and recurring payment requests.
  • Support scaling solutions such as Lightning Network, Raiden Network, State Channel Network as well as Cross-Chain Payments.
  • Machine learning and AI to mitigate fraud risk and enhance security of network and dynamic strategies to hedge depreciation risk of cryptocurrency price.

How does it work?

  • Online Payment in 3 Simple Steps:
  • Offline Payment in 3 Simple Steps:

Customer

  • Merchant Partners: Alchemy provides you with hybrid payment solutions that will enable your offline and online businesses to accept fiat and crypto payments in simple, fast and secure manner. Alchemy will pay you in your local fiat currency with no settlement risk.

  • Acquirers: Alchemy offers you a full range of payment solutions to help your clients accept fiat and cryptocurrency payments with competitive and timely settlement. Connect with us for market leading solutions and start expanding your merchant network today!

  • Developers: Individuals and enterprise developers play a critical role in the development of our products and services underpinned by Alchemy’s consensus protocol. Let’s work together to solve the pain points of the payment industry!

Products

Usage Features

Roadmap

Management Team

Business Team


Technical Team

Conclusion: This is a good project with a strong and experienced team. I believe that the development of the project will grow in the future. Join now!

See more:

5 years ago in #crypto by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     5 years ago 

    nice project

    $0.00
      Reply
      [-]
       5 years ago 

      A good concept with a solid team.

      $0.00
        Reply