Buyers can pay anywhere with cryptocurrencies or plastic card. Merchants can receive payment from anyone using point of sale accepting both cryptocurrencies and plastic cards. Graft if blockchain-based, decentralized payment processing platform. Graft ecosystem is open, so anyone can participate by maintaining Graft blockchain and implementing network services. Graft employs payment processing protocols and flows similar to traditional electronic payment systems such as credit and debit cards.
Graft is a global, open-sourced, blockchain-based, decentralized payment gateway and processing platform that anyone can use. Any buyer and merchant can use Graft in a completely decentralized and inexpensive way. Graft ecosystem is open, so anyone can participate by maintaining Graft blockchain and implementing network services. Graft employs payment processing protocols and flows similar to traditional electronic payment systems such as credit, debit, and prepaid cards, which are already familiar to and trusted by millions of users and merchants around the world. This approach enables easier and faster adoption of Graft as a mainstream payment platform, while eliminating the need in centralized intermediaries (payment gateways and processors) currently required to facilitate transactions between buyers and merchants.
Graft is an ambitious project, built on the back of great work done on blockchain-based cryptocurrencies of the past. As any large scope, multifaceted engineering and organizational effort, it’s important to be able to mitigate risks, be nimble, and have options when it comes to executing the vision. Below is an example of a fully realized vision for Graft. We will start with specific vertical use cases that are limited in scope and move to expand the use cases as we progress, thus insuring the orderly execution and risk mitigation.