AIGO PROJECT
AIGO’s main objective is to create a decentralized payment ecosystem for its users without forgetting aspects of security, comfort, effectiveness, efficiency, and transparency by involving all parties in the payment industry, such as business partners, customers, producers, and others. AIGO hopes to become the basis for all crypto payment transactions in the world. For this reason, AIGO has been designed to facilitate payment that is strong, structured and flexible. With the various advantages mentioned above added with the adoption of blockchain into the platform, it is expected to significantly improve the e-commerce sector.
The blockchain technology holds a big promise to change the payment industry. Problem described in the previous section can be overcome with a blockchain based on peer-to-peer payments network that allows flexibility and scalability of payment cards through a decentralized platform. Like the Protocol will be able to facilitate transactions between customers and traders, eliminate brokers along the way, save large amounts of funds for traders and customers, increase overall efficiency and reduce risk. The adoption of blockchain can have advantages increase the use of cryptocurrency for everyday transactions.
Online Payments
Some types of payment cards are managed and run on certain networks such as
visa, mastercard, and American express (AmEx). This includes several types of cards such as credit,
debit, prepaid, and fee cards. Payment gateway system such as paypal or stripe and e-wallet
systems such as apple wallets and Google wallets were developed in the payment card environment.
AIGO - Ecosystem
Each card swipes or makes a complicated process, because payment data is generated and sent through a complex network of related private interest activities, each of which costs to drive transactions through:
Card network, which acts as a central point that facilitates transactions between users and acquiring entities, when building protocols and other parties involved in card processing are asked to follow them.
Card network, which acts as a central point that facilitates transactions between users and acquiring entities, when building protocols and other parties involved in card processing are asked to follow them.
They provide access to payment terminals, processing and withdrawal services, as well as bank accounts where stored funds can be saved (Secure Online Wallet).
Problems of banks and processors - maybe deposit holders or related credit card account, because it provides various levels of back-office support, the main goal is to increase security when transferring payment data.
Terminal Payments and interface services - Services like this serve as a portal that connects eCommerce traders and users. Subsequent payments can get personal benefits by offering additional services such as analysis and reporting of transaction results.
For initial adoption, AIGO Token was introduced which has its own network that can be used as a payment tool for industries that are already integrated with AIGO chain. AIGO will work with all partners to create a decentralized basis for all industries, especially the e-commerce sector to be able to adopt AIGO Tokens. But not only that, the business is expected to create a productive market that benefits all parties that have been integrated into the AIGO platform.
OPPORTUNITY AND OBSTACLE
By adopting the blockchain, AIGO will be able to solve the classic problems that exist in the existing payment system, but it also raises other important issues. Disputes between producers and consumers will always occur, not to mention the regulatory problems of each country that is different for cryptocurrency. The problem of volatility in the price of cryptocurrencies is also a matter that must be considered by AIGO.
Apart from the above problems, the idea of AIGO to integrate payments, especially the e-commerce industry, is a very brilliant idea and has great potential going forward. If this project is successful, I personally believe, it is not impossible that AIGO will be an example for others to develop similar industries, apart from financial benefits, of course.
Conclusion
In my opinion, the project has a very high-quality and promising idea, which can solve many problems that currently exist when using cryptocurrency to the full. Also, the use of artificial intelligence indicates that the project team is keeping up with the times and sees its idea of a good future.
For complete information, please visit the following link :
Website: https://aigopay.tech/
Whitepaper: https://drive.google.com/file/d/17K2inOew076KJ_iTKL3n4g0tDz8JXUf0/view
Facebook: http://facebook.com/aigopayment
Twitter: https://twitter.com/aigopay
Telegram: https://t.me/AIGO_Global
Bitcointalk Bounty Thread Link: https://bitcointalk.org/index.php?topic=5155901
By : Rima Valen
Bitcointalk Profil link : https://bitcointalk.org/index.php?action=profile;u=1039568
