STREAMPAY - Enterprise Supply Chain Risk Monitoring and Payment Tracking Solution

INTRODUCTION

Cryptocurrency is essentially digital money traded from one person to another through the use of pseudonyms. There are no intermediaries like banks, no governmental oversight or authority, and no fees. The “crypto” in cryptocurrency refers to the use of cryptography to ensure the security and privacy of every transaction.

New coins are created through a technique called mining. The process requires powerful computers that solve complex math problems. Each problem should take about 10 minutes to solve, and results in the creation of a predetermined number of coins. The total number of coins that can be created is fixed — there’s a limit of 21 million bitcoins that can be created. The number of coins rewarded for solving each problem dwindles as time goes on.

Bitcoin is believed to have been created in 2009 by Satoshi Nakamoto, an enigmatic figure who has so far proven all but impossible to definitively identify. By using cryptography to control the creation and tracking of a digital currency, Nakamoto took that power away from central authorities like governments.

Bitcoin was the first and most famous digital currency, but you can choose from more than 1,500, including ether, litecoin and even cryptokitties. For awhile, you saw these currencies only in the darkest corners of the internet, where people used them for all sorts of questionable, even illegal, activities. Drug dealers liked them because they made transactions all but invisible, and trolls at the Kremlin-backed Internet Research Agency used bitcoin to finance their campaign to influence the 2016 election.

That started to change in 2014, when Overstock became the first major US retailer to accept bitcoin. Companies like Expedia and Microsoft followed suit.

One of the biggest misconceptions about cryptocurrencies is that you need thousands of dollars to invest. It’s an easy assumption to make, especially in the case of bitcoin, which stayed under $1,000 from about 2010 to 2017. But then it took off, surpassing thousand-dollar milestones at a pace that seemed quicker than you could refresh your phone.

The staggering value is off-putting to many. But unlike most stocks, you can buy a fraction of a bitcoin so you don’t need thousands to get into the crypto game.

As more technological advancements are uncovered, StreamPay, a universal payment and tracking method integrated with all forms of payments and currencies all over the world came on board.

OVERVIEW OF STREAMPAY

StreamPay is a universal payment and tracking method integrated with all forms of payments and currencies all over the world. Integrated into the consumer’s smartphone, the payment will show up on the user’s wallet. StreamPay enables the consumer to deposit funds and transfer them to different parts of the world. The consumer will be given a debit card, either Visa or MasterCard. This will enable him/her to make payments to any merchant which accepts Visa or MasterCard. A powerful tool, a smart contract will help the user to keep their funds safe.

In addition, this new service would be the consumer’s funds make payments to any merchant which accepts Visa or MasterCard. A powerful tool, a smart contract will help the user to keep their funds safe. This new service would be the consumer’s funds.

The Aim

The project aims to provide reliable contracts and distribute distributed accounting books to make articles executed in intellectual contracts.

The StreamPay Features and Tools

Ability to monitor supplier performance

Ability to integrate information from disparate legacy systems

Ability to analyze supplier risk-related performance

A customized, dynamic risk model that automatically calculates the risk of any supplier and alerts relevant staff members if a supplier moves to a higher risk category.

Reduced response time for risk-related incidents through alerts via SMS and email

Ability to analyze risk-related metrics by type, supplier, location, time, or any other variable collected

A streamlining of the entire audit and certification process

Sales and customer relationship management

Collection of customer data (e.g., applications, scope, number of employees)

Price quoting/proposals based on required days, rates, scope, or complexity

Audit scheduling (auto-schedules surveillance per the proper cycle)

Auditor assignments (matches auditor industry codes with customers)

Electronic audits via laptops/handhelds and on-site report writing

The processing of non-conformance, corrective actions, appeals, and complaints

Certification and re-certification management

Certificate generation and the tracking of expiration dates

Financial modules for customer invoicing and the creation of accounts payable records for auditor expenses

Post-audit surveys to assess customer satisfaction

Powerful information dashboards and reporting tools

Immediate availability of important information across the organization

Assistance in quickly identifying new trends and areas needing attention

Facilitation of the prioritization of necessary actions to be taken

Management of certification body compliance to ISO Guide 62, 65, and 66 and ISO 17021 and 17065

Post-audit certification, registration, invoices, and other results on a website

Acceptance and processing of customer requests via an online portal

Processing of online payments for services rendered

Why StreamPay Uses Blockchain Technology to Manage Smart Contracts?

Smart contracts are the backbone of enterprises. Blockchain technology will have important implications when it comes to contract management. Blockchain is becoming an area of interest to design new distributed ledger technologies.

Contract management helps with contracts that are self-enforcing or self-executing. Blockchain’s role in the contract is to replace the third party required to resolve legal disputes. Known as “smart properties” or “colored coins,” tokens can be used to represent any asset, from stocks to cars. The ability to hard-code transfer of ownership when trading these assets can potentially create “unbreakable” contracts.

How does the Blockchain transaction tracking system work?

Thanks to smart contracts and chain based blocks, technology users can also check traffic in the supply chain in real time. It will also manage payment processing on behalf of users, thus offering them an worry-free experience in the supply chain process.StreamPay has a global payment and tracking system, and they also implement blockchain technology in managing intellectual contracts. This system can be accessed through consumer smartphones and all forms of payment and currency around the world. The system is synchronized with the user's electronic wallet, so any payments made on the platform will be reflected on the user's wallet. Users can also make deposits or transfer their funds to other users regardless of their geographic location.

What the StreamPay project has to offer us:

Currency own token STPY.

The absence of a third party (intermediary).

Ability to track the product since the first time thanks to QR code.

Reduce the possibility of fraud and identity theft.

Accelerate the process of delivery of finished products or services.

Full transparency and security of all processes.

Use your own Visa or MasterCard debit card.

Advantages of StreamPay

Improve supply chain

The fact that the platform allows users to track supply chain processes from when raw materials are purchased until processed into finished products, users can identify components in the supply chain that can be altered to improve supply chain processes. The process is faster

Using StreamPay blockchain technology can identify the parties in the supply chain that slow down the process. Thus, allowing companies to get rid of those parties and add new parties that can accelerate this process.

Reduce risk

Through the StreamPay transfer service, users can transfer money to other users without risk of volatility and fraud risk, as platforms eliminate risks on the platform and implement measures to ensure fraudulent user detection.

StreamPay Mobile Wallet App

When users log in to the StreamPay app, the feature screen is displayed as shown above. The QR code will be scanned to automate the release of the payment. After successful payment transfer, the user will receive SENT and RECEIVED notifications. Users will be able to download an application that will allow them to check the history of their accounts and how much they have received or sent. StreamPay clearly shows how it works; the supply chain management looks like the above screen. When a user successfully transfers funds, then that pop-up window that will appear.

Token Sale and ICO Details

The token sale starts on 1st September 2018, at StreamPay.io. 50,000,000 STPY tokens will be distributed during the token sale period. Pre-sale starts 30th June 2018. The Last day of the token sale is 31st January 2019. The price is set at the rate of 1 STPY token per $1.00 USD. Ethereum will be used to purchase in the tokens.

Parameters Of The ICO

Token symbol: STPY

Token Price: 1 STPY = 1.00 USD

Accepted Payment Method: ETH

Standard Token: Ethereum

Soft Cap: 100,000 USD

Hard Cap: 50,000,000 USD