XRT Foundation is a non-profit online food platform founded by two young and enthusiastic entrepreneurs’MJ Paul’ & ‘Anil Kumar’. Itseeksto be partnered with the big companies working in food sector, using its own Crypto currency named XRT. It aimsto solve the vital payment problems occurring in Food industry where the XRT coin will be the substitute of ‘card n cash payments’. The primary goal isto use Blockchain technology to solve the many inconvenience of the payment processin restaurants and otherfood storeslike cafes and all, using their XRT platform. Through their XRT mobile app, they will be providing customers an instant & secure payment method solution using their XRT Token. Card payments will finally be hassle-free and the customers will become more comfortable while paying at a restro or anywhere else.
Problems in food industry
They generally face problems when they pay at a restaurant or anywhere else. For example,sometimes they afraid of paying with a credit or debit card asthere are chances of the theft of their card detailslike PIN or etc. Credit card – affiliated payment processors while more secure, can be expensive for online retailers. Added to the expense isthe lack of interface between processing systems. They have to be dependent overthe third partieslike Banks or other Financial institutes. Even they face sometimesliquidity issues also. Resulting in, processing & payment delays, lost transactions and expensive fees. It all results in the disreputation of the restrosthat’s why the both owner & the
customer are uncomfortable in this method. XRT Foundation has come in the existence to solve thisissue.
XRT will be used as a payment mode in food industry. In every sector, A customer always wantssuch a payment gateway which isfast & secure. By addressing the following purpose, they are building a very fast and convenient mobile app which will be available for both Android and iOS users. XRT will have some specific featuresthrough it’s different platforms. These are :
Secure Network :
It istechnically more safe than a credit or debit cards asit is using a secure network of ethereum blockchain.
Low Fee :
XRT has a minimum transaction feesthrough it’s network asit isfollowing ERC20 protocol.
Third Party Intermediaries:
With blockchain, cryptology replacesthird-party intermediaries asthe keeper of trust, with all participantsrunning complex algorithmsto certify the integrity of the whole. The use of blockchain can reduce overhead costs when partiestrade assets directly with each other, or quickly prove ownership of information.
Fully digitalized :
XRT will lead to a digitalization of XRT to the common public through it’s revolutionary mobile application which will be easily acceciable throughout the world.
XRT will be available to trade on authentic and popular Global & Domestic exchanges which has a very high volume on theirtrades. A good Exchange has a very specialrole in the growth of a crypto currency.
User Protection :
XRT protects users against his personal information, privacy, histransactions and other data while using their platform. It providessecure accessto the web and web-based applications with the help of their advanced featured network and technology which makes a trusted and healthy environment for users.
XRT Services and Crowd-Projects are considered asthe back-bone of XRT coins, The main purposes of XRT CoinsIssuance are demonstrating a real life applications with global usage for XRT users with the opportunity of contributing to XRT Projectsin different fields. XRT Foundation offerssome of the advanced products and servicesthrough the Global Decentralized Network based on the Blockchain Technology such as wallets, Global exchanges, mobile app, e-Bills, crypto e-pay, XRT Advertising etc.
XRT Users are eligible to send and receive their XRT Coinsthrough ERC-20 Wallets on Mobiles, Tablets, PCs, and Laptops. Also they are bringing their own walletsfor Android, iOS and Web.
XRT Coins will exchanged into any other currency like $,€, £, ¥ etc, and into any other crypto currency like BTC, ETH, BCC, LTC, etc, through different global exchanges. Thisservice is considered as a breakthrough in the crypto currency market that reveals a clear desire of the XRT Foundation to embrace the crypto currency market with stability and credibility as a fundamental element of its growth and userfocusstrategies.
The electronic bills can be generated through their advanced mobile application when a customer pay atrestaurants and cafes. The bills could be generated through calculating the total XRT paid by a customerto the owner which will include some necessary featureslike transaction time, date, amount, discounts, cash backsreceived owners name and wallet address.
Source: youtube/XRT Foundation