With the incredible popularity of cryptocurrency, financial institutions have been forced to change their attitudes and behavior towards this new technology, seeing blockchain as a necessity rather than an option. Blockchain revolutionizes the world of payments by fulfilling the desire of banks to process faster, more detailed audit information and a higher level of security to increase efficiency and customer satisfaction.

The most widely used payment and transaction method in recent years is through a BANK which is known to be centralized. The centralized nature of the bank makes it an intermediary between two or more different transactions. The only way transactions can be done between two or more traders is BANK but this same bank is controlled by the central authority which has been the reason why many irregularities have occurred in the system. But today, we are pleased to see a new technology known as BLOCKCHAIN ​​that has come to decentralize the sector and solve all the problems facing payments and transactions.

Blockchain technology promises to facilitate fast, convenient and inexpensive global payment processing services by using an encrypted distributed ledger system that offers reliable verification of transactions and actual time exchanges without the involvement of intermediaries such as correspondent banks and clearing institutions.

Alchemy is a leading cryptocurrency payment solution and technology provider in Asia Pacific that provides online and offline merchants with a fast, safe and convenient hybrid crypto-fiat hybrid payment system and solution.

Alchemy Global Payment Solutions Limited's vision (Alchemy is the brand name of Alchemy Global Payment Solutions Limited while ACH is a Token issued by Alchemy, and is used as an abbreviation below.) Is to provide open source protocols and a fast product development platform for ecosystem partners to help them with a fast, secure, convenient, flexible and fast-growing global payment solution based on decentralization, smart contracts, and consensus mechanisms from blockchain technology. Through Alchemy's rich experience and eco-partners in mobile payment applications, the team is confident to lead the payment industry payment technology in the blockchain era and to use solutions where traditional payments are popular with merchants.

some of the following features:

• An open and scalable Alchemy consensus protocol for the purpose of establishing payment industry norms and promoting changes in the payment industry in general.

• The project will use flash network technology to achieve real-time transactions from existing electronic payments.

• It will provide the most comprehensive support for various cryptocurrency payments to be chosen by businesses and consumers.

• Projects will have one-stop offline / online orders. There will also be seamless integration with mainstream smart POS and fast access to various applications for SDK / Plugin / API online.

• It will have a decentralized infrastructure network, operations and government network including prisoners, dispute arbitration, credit assessment, risk control, clearing, anti-fraud, among others. This will greatly help improve operational efficiency and also minimize operating costs.

• There will be basic payment functions and solutions for large scale commercial applications.

• PUSH PAY, PULLPAY; consolidated payments, targeted payments, subscription payments, and other types of account systems.

• There will be a simple and visual-standard smart contract market that will help minimize the threshold for commercial use of smart contracts.

• There will be a community of self-involvement and open ecosystems that will attract more innovative technology companies to be part of the community and promote the development of the payment industry public chain.

• This platform will also provide enhanced localization compliance and anti-money laundering programs for various regions and countries.



The goal of Alchemy is to plan payment protocols through network agreements, to create a decentralized framework controlled by trust, to accelerate the infiltration of digital currencies into our daily lives; and especially to return payment rights to shippers, clients and the market.

One of the most important problems of the customary payment system is that the legitimate FIAT monetary standard is an elite alternative to exchange. At this point it is possible for joint organizations to take control of clearing and settlement forms.

As a decentralized open biological system, the Alchemy payment system provides access to a variety of resources that can be sold, including but not limited to different cryptographic forms of money, tokens, credit payments and the needs of specialist credit organizations, various types of computer resources, and monetary standards fiat; ultimately opening alternatives to exchanges and not holding them to one type of cash. We accept clients and dealers who have the privilege to choose which cash will be used for payments and payments.

Some features of ALCHEMY include: Offline and Online Transactions, Secure and High-Speed ​​Transactions, Fraud Risk Reduction, Self-Regulating Community Ecosystems, Rewards Loyalty in Platforms, Flexible Payment Models.

ALCHEMY has also designed its own original token which will be used in the platform mainly for Protocol Fees, Service Fees, Arbitration Fees, Disputes and Many More Benefits

TOKEN DETAILS
Total Supply => 10,000,000,000

TOKEN DISTRIBUTION

  • 51% allocated to mining
  • 18% allocated to the team
  • 18% was allocated for Private Placements and IEO
  • 6% Allocated for Network Mobility
  • 5% Allocated for Ecosystem Incentives
  • 2% allocated for consultation fees


FUND DISTRIBUTION

  • 40% allocated for R&D
  • 25% allocated for ACHPAY Funds
  • 10% Allocated to Law and Compliance
  • 10% Allocated for Operations and Support
  • 10% allocated for marketing
  • 5% allocated for cyber security


ROADMAP

CONCLUSION.
Alchemy is the solution to all these problems with the integration of advanced technology that will bring the payment industry a new wave of development. This is a project that will help introduce other world digital currencies to cryptocurrency. Blockchain is slowly but surely becoming a part of our daily lives and Alchemy is here to help it come true. Payment rights must be returned to traders, customers and markets. That is the power of decentralization!

FOR MORE INFORMATION, VISIT THE LINKS I HAVE GOTTED BELOW;

WEBSITE: https://www.achpay.org/alchemy_english.html
WHITEPAPER: https://www.achpay.org/static/files/V3.8_WP-E_Alchemy_20190906.pdf
TELEGRAM: https://t.me/alchemy_official
FACEBOOK: https://m.facebook.com/AlchemyGPS/
TWITTER: https://mobile.twitter.com/Alchemygps
MEDIUM: https://medium.com/@alchemyGPS

Author: Yassin
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=996224