OPEN PLATFORM- Decentralized Payments for Applications
OPEN has created a blockchain agnostic platform with a comprehensive API structured to specifically create ease of access and integration into pre-existing application infrastructure. The OPEN API abstracts away the complexities of the OPEN platform’s decentralized architecture by introducing an application layer across a decentralized platform developers can connect to with their existing codebases. This makes it easy for a developer to switch out centralized functions, like a payment gateway or a hosting environment, for functions that utilize OPEN’s decentralized application platform.
At the moment, the functionality that OPEN seeks to provide with its platform and API primarily deals with payment gateways. The OPEN API will leverage functionalities already present in external libraries like web3.js and ETHJS to develop a secure way to interact with the blockchain. With this implementation, OPEN will unlock the potential within blockchain technology in order to fundamentally alter the way applications are built, hosted, trusted and monetized.
Currently, there is no easy solution for application developers to integrate blockchain technologies into their core infrastructure. Infrastructure to accommodate an application’s specific pricing scheme and the ability to determine which users on a decentralized platform have met conditions of a specific pricing scheme, i.e paid or have enough in application currency, are lacking.
Centralized systems display incredibly inefficiencies that can easily be eliminated by incorporating aspects of a decentralized stack. Often times developers must go through a long auditing process by a centralized figure in which every single application update is scrutinized, often resulting in long backlogs for developers to publish their latest update containing a more efficient data structure or pricing model. Further issues with payment verification gateways exist as the current flow of in-app purchases go through countless processes and third-parties, adding unnecessary time and cost until reaching the developer’s account.
Benefits of Open Platform :
App Payment Gateway
OPEN's payment gateway acts as any other centralized payment gateway except that it will feature faster transaction times, lower fees, and verification through the blockchain. Developers can access the payment features via OPEN API in the same way that they use third-party payment gateways, making cryptocurrency accessible to any application immediately.
App Payment Gateway
OPEN's payment gateway acts as any other centralized payment gateway except that it will feature faster transaction times, lower fees, and verification through the blockchain. Developers can access the payment features via OPEN API in the same way that they use third-party payment gateways, making cryptocurrency accessible to any application immediately.
Gaming App Flexibility
Game and app developers can choose to hold payments in ETH, convert to another cryptocurrency or even fiat, at point of sale. Enabling successful fiat based gaming apps to immediately tap into the cryptocurrency market and accept cryptocurrencies.
Game and app developers can choose to hold payments in ETH, convert to another cryptocurrency or even fiat, at point of sale. Enabling successful fiat based gaming apps to immediately tap into the cryptocurrency market and accept cryptocurrencies.
Decentralized Users
Our OPEN State serves as a decentralized and secure receipt of ownership. Once propagated by our OPEN Scaffold, the receipt of user payment is stored on the blockchain, and can be viewed by developers or users at any time. Enabling the process of verifying payments over a blockchain, bringing required verification by developers for decentralized applications and their decentralized payments.
Our OPEN State serves as a decentralized and secure receipt of ownership. Once propagated by our OPEN Scaffold, the receipt of user payment is stored on the blockchain, and can be viewed by developers or users at any time. Enabling the process of verifying payments over a blockchain, bringing required verification by developers for decentralized applications and their decentralized payments.
Replace App store and Third parties
Accept payments in a trust-less environment while eliminating significant fees of hosting and payment environments such as app stores. Utilize OPEN's Scaffolds to accept cryptocurrency for any payment scheme your application may use with immediate transactions and no waiting periods to receive your funds.
Accept payments in a trust-less environment while eliminating significant fees of hosting and payment environments such as app stores. Utilize OPEN's Scaffolds to accept cryptocurrency for any payment scheme your application may use with immediate transactions and no waiting periods to receive your funds.
for more information visit-
Token Sale: https://www.openfuture.io/
Token Sale: https://www.openfuture.io/
Website: http://go.openmoney.digital/3lm0
Telegram: http://go.openmoney.digital/o9b2
whitepaper: http://go.openmoney.digital/fxbw
Profile bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2036593
Ethereum Address: 0x0EBa9b2b8289FDDB926cbA2F39390aE85d91c9c7
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