Last Update
Aug 2, 2018
AgateChain is a complete set of a decentralised blockchain, with two mobile apps, an fiat pegged ecosystem, API Suite, plug-ins, add-ons and a physical POS terminal and operating with multi coin mechanism and works as a comprehensive crypto infrastructure for everyday banking and a gateway to connect millions of developers, users, and in-store and online merchants to the cryptoeconomy.
With different blockchains designed for different purposes, we realised that we needed a specific blockchain to meet our criteria and be independent of other current, multipurpose slow, expensive blockchains. We have summarized below some of the Agate blockchain capabilities: high speed, very low transaction fees, scalability , smart contract, decentralised, mining, secure, token generator engine, block explorer.
One of the most interesting elements of Agate is the Agate iFiat Ecosystem. It uses decentralised blockchain technology (Agate blockchain) to resolve many of the fundamental issues in the cryptoeconomy, which will facilitate transactions very economically and in real-time.
In Agate’s user app, users can deposit five crypto assets including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple. Up to 17 cryptocurrencies are in the development phase and are expected to be released in Q4 2018.
Traditional POS terminals are expensive in rental and fees, and we believe the Agate merchant application and Agate POS terminal are the ultimate solution for all of these problems. Currently the Agate POS terminal is available in two types, for mobile users and for physical stores, and both come with unique features.
Agate Gateway API, which is an open-source API and available in GitHub, will let anyone create his or her own payment gateway within the Agate iFiat Ecosystem and run on Agate blockchain.
The comprehensive and defined API Suite has been designed to not only work as another income generation stream for Agate coin and token holders but also to let anyone use Agate as a white-label solution to acquire more customers.
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AGATE is a decentralized blockchain platform with two mobile applications, an ecosystem API Suite, add-ons and a physical POS terminal which works as a comprehensive crypto infrastructure for everyday banking and a gateway to connect millions of developers and users and in-store and online merchants to the crypto economy.
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The platform use promotes instant payment without volatility risk to the mainstream crypto adoption through the use of Agate blockchain making the project viable and I would highly invest in it.
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