Wednesday, July 11, 2018
XRT
Hello everyone this is a great opportunity to discuse about a great project that is full of live changing benefits. I am delighted to write about this project and I wish everybody seats back to read in order to have better understanding.
The XRT Coin API allows any developer to add XRT coins as a payment option. Enterprises in the sector of food and drinks began to cooperate with the platform XRT to accept coins XRT. Customers will be able to pay for their services in cafes and restaurants using XRT coins.
Understanding of opportunities
It is worth considering a fairly simple situation to understand the relevance and importance of the XRT project. Many of us often visit restaurants and other similar establishments, but the existing payment systems are not perfect. Customers often do not want to calculate cards - there is too much chance of loss of personal data, fraudsters use innovative schemes to seize data, as well as user funds. You have to constantly spend time on entering the security code, working with intermediaries - all this is too complicated and inconvenient. The developers of the XRT project want to make cooperation between owners and customers of restaurants as profitable and simple as possible. Now you can use crypto assets for payment - the transaction will be really fast and high quality. Smart contracts help protect user data from fraud. The owners of XRT tokens receive a huge number of advantages, in addition to security and speed of transactions, they can count on certain discounts in restaurants, which became the first partners of the project.
XRT security algorithm
The XRT platform engineers decided to use the Ethereum smart contract because of the secure hashing algorithm that it uses to protect the data of users who are participants in the transaction. This algorithm is used to generate XRT tokens. It comes with a digital signature. This ensures that instant and private transactions can be executed using XRT coins. At the same time, customers do not have to deal with multiple intermediaries, enter personal data and security codes.
XRT Double Spending Proof
Bilateral evidence is a solution to a potential problem with digital currencies . Here the coin can be carried out more than once. The XRT coins were specifically designed to provide immunity to double-spending.
Problems in the food sector
There are many problems in the food sector; this is especially important when it comes to paying for food anywhere. For example, you may be afraid to pay with a credit or debit card because your credit card information has already been stolen. In addition, credit cards, affiliated payment systems that are more secure, can be quite expensive for online stores. In addition, there are problems with payment delays, high fees and even lost transactions. There is also a liquidity problem. That is why the developers of the XRT project want to make cooperation between customers and restaurant owners easier and more convenient, using the unique capabilities of the blockchain and smart contracts.
XRT Blockchain food Foundation Solutions
XRT will create a coin that can be used to make payments in the food industry. It has various advantages over current methods such as:
More secure than debit or credit cards
Reduction of fees due to the lack of intermediary organizations
You do not need to share personal data or provide security codes
Services offered by XRT
Wallet
Users of the XRT coin can receive or send their coins through the ERT wallet, which will be offered on PCs, mobile phones, laptops, and tablets.
Layout
Proof of share is the use of an algorithm to achieve consensus. It's better than proof of work because it doesn't use that much energy.
Airdrop.
About 13 days there will be Airdrop. If you are among the first 8000 people, you will receive 400 tokens. To understand the features of the action, you can see the project website.
More and Detailed information can be obtained through this links:
More info in:
Website: https://www.xrtfoundation.org/
WhitePaper: https://www.xrtfoundation.org/public/docs/whitepaper.pdf
Telegram: https://t.me/joinchat/GEN9Dg_sdouCzz9LqV9UAg
Twitter: https://www.twitter.com/XrtFoundation
Facebook: https://www.facebook.com/xrtfoundation2018
Ann: https://bitcointalk.org/index.php?topic=4496581.msg40465791#msg40465791
My Bitcointalk Username: Abbey84
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2143170
My Ethereum wallet adress: 0x323e8Fe8fC7a863cd424aF0149B4d764c9E32f55
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