EASIPAYER TECHNOLOGY


A Low cost international payment platform designed to replace letter of credits and invoice factoring that is fast, safe and easy to use
How does it work? When a client from overseas buys fertilisers at an agreed volume and price, they have to provide proof of funds, normally by letter of credit or make an up-front payment.
By utilising the easiPayer system, the client buys easiPayer tokens using their preferred fiat currency is accepted on easiPayer using the web or a mobile app. A transaction fee of 0.50% will be charged for this service plus the mining fee.
The easiPayer token is valued with real assets by independent auditors, which fixes the value at the time of purchase. The client allocates these tokens towards the purchase of the fertiliser and this authorisation cannot be withdrawn. This provides them with the comfort that the client has sufficient funds to trade and he can only refuse the product based on poor quality or insufficient volume.
If there should be a dispute it will be referred to an independent ombudsman and will aim to have a resolution within 28 days.
When the client is happy with the quality and quantity of the received goods, the easiPayer tokens are released to us. It can be done simply by an app on client’s mobile phone that confirms payment to the app on the delivery driver’s mobile device.
If this transaction method of payment has any technical glitch then payment can be manually through a double or treble authentications method. Once payment is released they will then convert it to their local currency and pay a transaction fee of 1.5%.
Through this platform other terms of payment can be agreed, for example stage payments.
£10 million transaction daily limit Initially, they will have £10 million tokens that are asset backed. Therefore, they will be limiting the daily volume of transactions to be within this limit. Thus, no new easiPayer tokens can be created until they are backed with real assets and can be independently verified using a completely transparent system.
easiPayer tokens are backed with real assets and not listed on crypto exchanges.
easiPayer technology is mainly for commercial trades like a dairy farmer who wishes to be paid on delivering milk, or a business who trades cross borders on credit.
Provision of fiat currencies
They will ensure that easiPayer tokens can easily be traded for fiat currency. This will be done through conventional banking systems. easiPayer tokens will be directly deposited into the user’s nominated bank account, where fast payment systems exist thus allowing completion of transactions within 2 hours, rather than waiting 5 – 7 days for cleared funds as can happen in some cases. Unlike many crypto exchanges, they will make this as easy as possible with a high level of security control that which can even use telephone calls to verify transactions that exceed the limit set by the client.
Transaction fees They will be charging a very small transaction fee of 0.50% + mining fee.
The low transaction fee is aimed to attract wider acceptance and increase the number of transactions. As a result, they will generate greater income by trading higher number of volumes and offering an alternative method compared to current conventional international trading options.
They will also charge 1.5% for trading easiPayer tokens for fiat currency.
Potential revenue Assuming 74% of £10 million is traded at 0.50% this will return £13.4 million revenue per year. 50% exchanged at 1.5% will return £27.3 million per year. Therefore, the potential total revenue from easiPayer transactions is around c.£41 million per year.
This revenue can only can grow by creating more asset backed coins that are independently audited
Road map
They intend to make profits to generate significant returns for all investors and to enable them to invest in developing technologies built around notions of sustainability, cost-effectiveness, and minimalism.
They see future where Organicco, through its affiliates becomes a leading pioneer in converting unwanted organics into useful products. They intend to develop cost effective solutions to reduce costs to their clients, but more importantly, to create a sustainable supply of fertiliser to prevent soil erosion and to contribute to a continual production of natural food products and natural capitals.
Our plan is to use Organicco to generate profit and evolve the easiPayer system into a viable and leading alternative to conventional modes of financial transactions establishing Organicco as a forerunner in the world of electronic currencies.
Our comprehensive analysis of the technologies will ensure that easiPayer uses distributed network servers for a faster response, and to avoid single point failure. Security will always be a major concern and they intend to invest heavily in the continuous development of the platform to address this issue.
Organicco tokens will be floated on crypto exchanges no later than first quarter of 2019
The first project will be on the Welsh Borders converting chicken muck into granular fertiliser using ecoHERO technology that is capable of producing
They have many years experience in delivering complex and difficult projects. So far, they have successfully delivered
systems to the UK, Canada, Ireland, Vietnam, Malaysia and Bangladesh. They have opportunities developing in New Zealand, South Africa, Portugal and Greece and with proper funding, they can realise the full potential of their green technology solutions.
They have a strong team that can deliver high quality products with emphasis on making profit from natural capitals. Thus providing a good return for the believe placed in their technology and vision.
Initially, the funds raised by Organicco ICO will be loaned for developing potentially five projects:
around 40t of fertiliser per day by Q3/2018.
Another similar project is to be developed in Kent, England. Q4/2018.
They have number of options for developing two similar projects in Canada, one for paper-mill by-products and another for waste water treatment plants. Subject to the level of funding they achieve, they may deliver two 5t/ day fertiliser plants by Q4/2018. They already have successfully delivered
a government project there that will be started in Q1/2018.
They will also be launching the renewable fuel system in Northern Ireland for producing 1,000 litres of methanol from farm waste by Q2/2019.
Other Specific Targets:
Q2/2019: Launching easiPayer for selected suppliers and clients for testing the platform and resolving initial problems.
Q3/2019: Producing small quantity biomass fuels from the mixed waste material using ecoREDUCER.
Q4/2019: Launching an integrated anaerobic-aerobic digester (IAAD) solutions to produce both electrical energy and low-grade fertiliser from unwanted organic materials.
Q1/ 2020: Launching a methanol (road fuel) and ethanol (aviation fuel) plants, focusing in emerging market such as Africa, India and South America.
Q2/2020: Launching easiPayer for wider usage.
2021: Increasing the production of fertiliser, biomass, methanol and ethanol fuels by delivering more projects.
2022: Setting up systems for farmers worldwide to collaborate on producing food primarily using their organic fertiliser and helping to recover lands that are destroyed due to soil erosion.
2023: Setting up a cooperative food chain distribution network of farmers worldwide, finally creating a loop economy that will close the food production life cycle and enrich many farmers around the world for sustainable food production.
Q2/2020: easiPayer launch for wider usage.
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