Whenever, Where Ever and In Real Time : STK !
The presence of Stack (STK) in the world of Cryptocurrency will be increasingly refreshing new things in the field. This is definitely a breakthrough, come on!
STACK (STK) is a new personal finance platform, which is built on the idea that using money you should be free. Universal accessible, STACK is an alternative to traditional banking that allows you to safely store money, access it instantly and transact with it anywhere in the currency including crypto, directly from your smartphone.
STK Token will provide instant crypto-kardiakal payments at point of sale, allowing cryptocurrency integration into daily transactions and financial services in the STACK wallet. The STK Token will be implemented on the public Ethereal blockade as the ERC20 token.
VISION
STK Global Payment’s vision is to create a globally accessible alternative to traditional banking, allowing you to store your money safely, access it instantly and transact with it anywhere, in any currency including crypto by using the STK token, right from your smartphone, using the STACK app. Creating a digital wallet as a companion to a traditional card solution, the STACK app enables you to use any of your currencies at point of sale, anywhere in the world.
Mobile Tap-To-Pay Crypto Currency
The STK Token will provide instant crypto payment at the time of sale at any merchant, whether it be for your morning coffee or weekly grocery. Your STK Token will allow you to access real-time exchange, which means you can use your crypto account for transactions whenever and wherever you like.
HOW WILL STACK WORK
HOW TO USE STACK (USER)
- The user loads STK token into the STACK mobile wallet,and authorizes the creation of State Channel with the STK platform.
- User’s of device and STACK save local copy of the current state of the channel. This requires an on-chain operation.
- When the user initiates a point of sale transaction using STACK, they receive a visual prompt in the STACK wallet showing the value of the transaction, similar to using traditional tap-to-pay mobile applications.
- The user authorizes a transaction to send the equivalent cryptocurrency to the STK platform and the user authorizes a transaction by sending the equivalent cryptocurrency to the STK platform. STK platform receives the signed transaction, counter-signs and stores a copy of that new state off-chain. STK then authorizes its local currency account to pay the requested purchase through its global payment network rails on behalf of the user. Because the transaction occurs off-chain, there is virtually no delay except for a small amount of computation time and network latency.
- State Channel is open, no fees for conducting any number of transactions between the user a
- When user wants to retrieve all or part of their STK token in the channel that has not been sent to STK, this can be done by withdrawing their funds. The user signs and publishes a withdrawal request, this requires an on-chain operation. It is possible to make partial withdrawals, so the user is always secure in being able retrieve his or her ether while still keeping the channel open for future transactions with the STK network.
- Closing: To close a State Channel, one of the parties signs and publishes a close request to the State Channel. This initiates a period during which either party can submit their most recent transactions, which determines the final state.
ABOUT TOKEN SALE AND DISTRIBUTION
Pre-sale Begins: October 11, 2017
Pre-sale expires: October 24, 2017
Sell Start: October 25, 2017
Sales End: November 3, 2017
Pre-sale expires: October 24, 2017
Sell Start: October 25, 2017
Sales End: November 3, 2017
For Information :
Created by TahuDiniHari
Eth : 0xeD6B42137176E010027Bd4F11cE22386d84c89Fd
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