The outbreak of COVID-19 at the start of the year had quite a devastating impact on all walks of life. Many industries, firms, and even the country’s progress worth years have been wiped out due to the pandemic. However, the crypto and blockchain industry has managed to make some ground even during these troubled times. In fact, blockchain plays quite a critical role in helping healthcare workers and governments create new tools and services to help those affected.

One such decentralized startup which has been making all the right noises is Netherland based PayAccept. PayAccept is a decentralized digital asset management and processing platform that promises to create a bridge between the traditional financial market and the emerging blockchain and digital asset market by adding a layer of the interface to render blockchain technology it more accessible.

PayAccept had quite an extensive strategy plan to widen the acceptance and use cases for payments with its easy onboarding process and, later, allow its customers to spend 50 cryptocurrencies at various locations.

 

Christiaan van Steenbergen, the founder of PayAccept, commented on the aim behind creating PayAccept and said:

“The relevance, use, and potential of Blockchain technology to disrupt existing ways of global financial transactions and generate a global digital economy capable of offering traditional blockchain-based financial instruments is a revolution in and of itself. Digital wallets, loans (DeFi), joint corporate accounts, currency conversions, physical credit and debit cards for crypto and fiat assets that are all easily managed is a must for many users looking to explore the world of crypto.”

Digibyte To Offer Wallet Service While Ferrum Would Enable Staking

The platform uses the latest digital wallet management standards to offer users with an intuitive layout, powerful and lightning-fast features, and maximum security of funds. The platform is set to launch with 50 top cryptocurrencies, to begin with, and promises to add more as per the customer demand. The firm promises to bring digital assets to masses with its digital wallet management, allowing for safe and secure transactions.

The payment processing startup has partnered with Digibyte to offer its decentralized wallet service while the Ferrum network would offer staking services to the PayAccept customers. Given the rise of the DeFi ecosystem, PayAccept is trying to take the decentralized finance to masses with its innovation.

While Digibyte needs no introduction, given the blockchain platform has been making all the right noises with its scalable and ultra-fast decentralized products, like DigiAssets and Digi-ID. Ferrum, on the other hand, would offer DeFi staking service on the platform, which will allow our users to earn passive income using the native PAYT token.

PayAccept To Donate 5% of The Funds Raised in the Upcoming IEO Towards Doctors Without Borders

The PayAccept platform conducted its first successful IEO on 14th August on ExMarkets and going to conduct its second one starting from 28th August to 29th August on their website https://www.payaccept.net/. The purchase for the token is straight forward, by sending ETH to a smart contract address, the buyer receives the PayAccept token instantly. After the presale, the token will be listed on ten exchanges, like Stex, Probit, Cointiger, and Uniswap, with quite a great reception within days of listing.

PayAccept has decided to donate 5% of the second IEO funds towards the “Doctors Without Borders” organization. The firm’s decision to donate towards frontline warriors in the time of an ongoing pandemic shows that the DeFi platform is concerned and duly contribute towards a champion cause of the society.

PayAcccept is determined to build a decentralized Electronic Money Institute through its ecosystem comprising various products and services. This would help them create a fully recognized institute that can handle a lot of volume between fiat and crypto without being attached to a bank. The firm will begin with 50 crypto- and fiat currencies, including EUR and USD.

Christiaan Van Steenbergen explained how the ecosystem would function and said:

“PayAccept is a fully decentralized platform that does not require a central organization, by removing the intermediation layer, the user is in control of his digital assets. With current developments from the industry, PayAccept is entering an emerging market, with various exchanges, crypto wallets, blockchains, crypto assets, and products that will be integrated on our platform. Our ultimate goal is to provide everyone around the world with access to financial resources.”

Further info at https://www.payaccept.net/

Direct sale: https://www.payaccept.net/pay-token#sale

Whitepaper: https://www.payaccept.net/whitepaper

Facebook: https://www.facebook.com/payaccept.net

Twitter: https://twitter.com/payaccept

LinkedIn: https://www.linkedin.com/company/payaccept

Telegram: https://t.me/payaccept

Website: https://www.payaccept.net