PAYPAL OF BLOCKCHAIN

PAYPAL OF BLOCKCHAIN .

IoT and smart contracts
An exciting challenge of the coming years will surely be to imagine how objects, machines and artificial
intelligences will interact with each others, and how they will automatically negotiate and define payment
terms. They will need a payment framework which specifies the payment and help to define the reasons and
conditions of the transaction.
One can imagine a self-contained car order a new wheel to a virtual garage, make a down
payment and pay the remaining 90% only at delivery.

Token
While it is built on the blockchain ledger of Ethereum, Request aims to be independent from other currencies,
monetary policies, or technological choices so that we build the most robust system possible. We believe this
is the key to evolve through time with a growing community and develop an ecosystem around our framework
where more DAPP (Decentralized applications) are created.

Incentive for a secure ecosystem of applications
REQ tokens are ERC20 tokens which are necessary to participate in the network, create advanced Requests
and reward various parties who will help build the request ecosystem.
When using the network, the participants will need to pay a network fee in REQ which will be burned.
Burning the tokens could potentially increase the demand on the remaining REQ tokens.
The fees will be adjusted by the Request Network operators depending on the decreasing supply of REQ
and the exchange rate with the different currencies authorized by the network.
As an example, a request at the beginning of the system might burned 10 REQ out of the total supply
of 1 000 000 000 REQ. Later, after the system has been used for a while, a Request might burn 0.0001REQ
out of a total supply of 100 000 REQ.

Other urls found in this thread:

docs.google.com/document/d/168GRr4WmmTCAMMkyE-3UfoWWOXj2Ccr0n5S0jfYdiLU/edit?usp=sharing
twitter.com/AnonBabble

The network will have a built in system to reward platforms on top of the protocol who decide to charge
a REQ fee. In this way we favorize the creation of an entire financial open platform.
The costs we expect on the platform are 0.05% to 0.5% of the transaction. These costs will then decrease
when the volume of the network increases in order to remain competitive and to avoid incentivizing the
development of alternatives. With the global market transiting more than $ 5,000 billion a day, minimal fees
will become ample when the platform grows to a larger scale.

Use cases
The use cases of this technology are extremely wide. This system automates real-time global accounting,
replaces an entire branch of the audit, eliminates manual tax collection, simplifies international payments,
allows machines to communicate on the same financial field, replaces payment systems such as Paypal,
and makes the most advanced payment terms available to everyone.

docs.google.com/document/d/168GRr4WmmTCAMMkyE-3UfoWWOXj2Ccr0n5S0jfYdiLU/edit?usp=sharing

I'm already pretty invested in it.
But it keeps going down in price for whatever fucking reason.
It could really be something in a year or two, but I don't know if I will be able to hold that long.

It should be worth something EOY 2017 they're ahead of their roadmap read their blog but I don't expect it to fully moon until mid 2018

FOR COMPARISON :

MARKET CAP

PAYPAL : 85.52 BILLION $
OMG: 702,4 MILLION $
REQ : 27.5 MILLION $

DYOR and make your decision !!!

I respect how hard you are trying to offload your heavy bags. Godspeed user.

Once the product drops it'll pass ICO.

This is the best deal on a speculative token atm

Realistically if the roadmap is met what price do you see this at Q2 2018?