The OPEN Platform enables users and developers of mainstream apps to use and accept cryptocurrency while avoiding restrictions imposed by current payment infrastrucftures. The platform provides a technology stack that addresses the problems developers face for in-app purchases. These problems include centralized merchant entities that charge fees for their service and long wait periods to access the funds. The OPEN platform solution solves these problems by utilizing the blockchain and bridging the gap between users, the developer and the application database. This is done through Scaffolds, an intelligent solution for storing data on the blockchain. There is no need to flood the ecosystem with a multitiude of tokens for various in-app items as this would lead to unnecessary complexity.Now there is truly a way for decentralized payment in addition to accepting cryptocurrency in mainstream applications. By providing open source tools and a utility token for this technology stack, we encourage adoption and invovlement in the OPEN ecosystem. Other benefits of the OPEN platform include being easy to implement with very little re-work of existing applications and redistribution of gains after staking a token to token holders.
Please read more about all of OPEN platform's features in the whitepaper! http://go.openmoney.digital/obmtwp
Sounds very interesting. I am not so close to the mobile app market but for me Scaffold is something that will realy help to all app developers.
Hey gigaoptic, thanks for sharing your thoughts! The Scaffold will definitely make the lives of developers much easier. It removes lag time for developers to accept payment and is very modular, so it can be implemented with minimal modifications to existing applications - the OPEN API makes this a seamless and simple operation.