HomePi Network Latest NewsSuper heavyweight application! The first pi global independent payment system solution is released! Once successful, pi will completely become an important component of the world’s payment field!*
Super heavyweight application! The first pi global independent payment system solution is released! Once successful, pi will completely become an important component of the world’s payment field!*
*Super heavyweight application! The first pi global independent payment system solution is released! Once successful, pi will completely become an important component of the world’s payment field!*
Speaking of Pi’s ecological application development is currently the hottest topic of discussion, because Nicholas said that June to July will be an important time period for pi ecological application development.
The homepage has just been updated two days ago and it belongs to the global technical staff to develop the Pi ecological application. In the past two days, a very large pi global independent payment system planning plan has flowed out of the communication platform. I believe that soon there will be technical personnel engaged in the research and development of related technologies. This planning plan is called: Pi Pay, which is intended to be assigned Payment, the details are as follows:
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The Papay system will provide global users with the ability to use any product of Papay. As I mentioned in the summary, the PiPay system (PPS) will provide its users with the ability to pay for any products and services in the world. It’s like a POS system. But how to do it? It will be possible to integrate the world currency system while keeping pi independent of these systems. Through the new transaction system, the payment system will be developed, which will take care of the integrity of integration, security, and scalability. Sexuality and adaptability.
We will call this new system the Transaction Protocol (PTP). How will it work?
Because Pi is mineable, PTP will bear transaction costs in any successful transaction.
Review this project proposal: “My successful transaction (MST) model, which is the model in PTP. Whenever a successful transaction is made through PTP, the new pi transaction protocol currency will be automatically generated through the PiPay payment system. The amount is proportional to the number of transactions and the parties involved in the transaction, and the new PTP generated will be used to pay the sender’s transaction costs.
For any transaction to occur, there must be a PTP token as the transaction fee and the identity verifier of the transaction. PTP tokens can be mined through transactions because its mining rate will increase as the number of transactions performed by the entity increases. PTP tokens can also be purchased from those who make pie transactions more frequent. “Everyone will like to cover your transaction costs on something.” Through this model, Pi will be able to be used in daily business activities around the world and will maintain its value.
Review this project proposal: The Pay Payment System will make the following work possible:
1. The adaptability of Pi increases as the number of Pi users continues to increase, and the difficulty of mining also increases. (value)
2. The PI payment system (PPS) will make it possible for banks to conduct business in PI when it is not necessary. Why? Because PTP tokens can only be generated through Pi Transaction, and Banks can generate more PTP orders than any other company. Card. These banks will issue PTP tokens to customers at a competitive price. These banks will encourage their customers to use the Pi Pay payment system because the payment system brings additional revenue to the bank. Who will buy PTP tokens from the bank? PTP tokens can be generated to pay the sender’s transaction costs.
These PTP tokens will be sent to the bank to facilitate the pi of the transaction, usually in the pi payment system. If the sender sends a certain number of Pi, the transaction will generate a certain number of PTP tokens, but if the number of PIs sent by the user is greater than a certain defined number, then the number of PTP tokens that will be generated will cover this transaction + extra PTP token. The transaction cost of the payment system always flows to the bank that facilitates the transaction.
With the increase in the number of PTP tokens, the number of PTP tokens generated will decrease, the payment system network will increase, the demand for pi will increase, and the demand for PTP tokens will increase. Banks will earn $ by issuing PTP tokens, and At this time, more than half of the payment systems will join the pi payment system, which will make the system an inseparable part of the social and world payment system.
The successful transaction model mining (MSTM) can provide application programming interface (API) developers willing to integrate the Pi payment system in their projects. Pi Wallet must include the pi payment system, which will provide a wide range of use cases. Once this plan is successfully implemented, pi will completely become an important part of the world’s payment field, and will completely change the way the world’s payment field is used. Digital assets will bring us unlimited possibilities in the future payment field, and Pi Pie will be the future The leader in digital assets!
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OMINI ABIODUN MICHAEL [a.k.a] BANKEY MILL (BM) is a blogger and the CEO of Aschoolz.com. We Share Education School News of Universities, Polytechnics, Colleges for both Nigeria Schools, Ghana Schools and American Etc like JAMB, Waec, Scholarship, Job opportunity, Learning, Story books and Blog etc