Crypto Finserve
Crypto Finserve
Token: Crypto Finserve


CryptoFinserve is designed as an integrated payment token that connects any fiat and crypto currency directly to the global payments. Crypto Finserve aims to become payment system between crypto currency and local currency.

PreICO dates
Start date: 2020-04-01
End date: 2020-05-30

ICO dates
Start date: 2020-06-01
End date: 2020-07-15

Registrated in: Cyprus

Platform: Ethereum

PREMIUM ICO

Crypto Finserve categories
Banking Blockchain Platform Business services Finance Payments/Wallets
Video
Crypto Finserve token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries Iran,Iraq,Syrian Arab Republic
Soft cap 10000000
Hard cap 40000000
Tokens for sale 40000000
Token distribution in ICO
50%
50%
Sold tokens 3%
Price 0.20 USD
Price in PreICO 0.10 USD
Minimal investment 10USD
Acceppting BCH,BTC,ETH,LTC
Bonus in ICO 1. Register on Cryptofinserve (500CFin) 2. Refer Friends as a successful registration (1CFin) 3. Talk on Bitcointalk, Bitcoingarden, Quora, Reddit, Discord, Medium (10CFin) 4. Join Telegram, Follow Facebook, Twitter, Medium (10Tokens)

CryptoFinserve is built to be worldwide payment solutions that allow users to instantly spend or exchange currency and crypto currency directly from their mobile phone to merchants or other users. It will decrease resistance in the payment process and give users instantaneous purchases. Crypto Finserve will be a convenient alternative to cash. It will be incorporated with over 1000 brands at 100000 superstores and malls and online sites.


Bring trust, loyalty, security and stability in money protection

CryptoFinserve Services aims to offer a multitude of benefits for crypto enthusiast. With your personal crypto account, our mission ascertains multi-currency loyalty card for cross-border payments (which includes both, Fiat and Crypto), enhanced access to e-wallet (via, web and mobile apps) followed by merchant account payments, online shopping, freelancer and other associated digital payment services.

Offer a trusted and accessible wealth management ecosystem

With limited access to worldwide payment platforms, high transaction charges, no global payment systems, CryptoFinserve Services offers a single platform for managing your funds, global payment opportunities, lowest transaction charges, e-wallets, secured payment transfers to merchant accounts, loyalty cards and online shopping.

Problems

No World Wide Platform

Centralised banks exist in their own individual silo’s. They communicate internationally but are governed by their own country’s governments and regulators.

No Safe Transactions

We trust third parties to make the transactions for us. Wouldn’t it be safer if we could do this for ourselves?

No Global Payment Systems

Again, we are reliant on payment systems made available to us by the trusted third parties. These system may communicate with each other however are subject to some restrictions.

Solutions

Global Single-Platform

CryptoFinserve Blockchain is a global solution allowing the decentralisation of the monetary system.

Be Safe and Secure

Transactions are recorded at multiple locations with decisions being made by more than one ‘person’. This peer to peer decision making ensures anonymity together with increased security.

Decentralize Payment Systems

Eliminates the borders inherent with centralised solutions.

CryptoFinserve Existing Payment Ecosystem

Every time a card is used it starts a process with a complex network of stakeholders. Each node pushes the transaction from the user to the acquiring party through multiple intermediaries, often slowly and with fees collected at each gateway. CryptoFinserve  system is designed to leverage every transaction as it passes and is governed by a complex set of guidelines that help resolve any disputes within the network.

Once payment reaches the acquiring bank, the merchant is given access to a system to accept the transaction. This includes the payment terminals, processors and the bank accounts where settled funds are deposited. The credit or debit card issuing bank can then either hold the deposit until it clears or extends credit against the card account.

Mobile Payments

There is massive worldwide growth in mobile payment adoption but limited incentives to use mobile devices for everyday purchases. Most consumers still reach for their plastic to make transactions as they know it is widely accepted.

Online Payments

Online payments create their own set of roadblocks as they require users to enter and expose their credit card and personal info, determine payment options and require the retailer to store and secure the sensitive info while protecting from malicious hacks.

Offline Payments

Offline requires the retailer to sign long-term contracts for transaction fees and to lease credit card terminals.

Cryptocurrency

Cryptocurrency is termed as a digital asset and designed as a medium of exchange. Using
cryptography, this has turned out to be the latest trend for storing data, securing financial
transactions and verifying transfer of assets. Popular known as the, ‘coin” or “token”, of
cryptocurrency is identified globally as a decentralised and independent means of transaction, both, fast and secure.

Cryptocurrency is adopted on a global level where it became mainstream in the year 2017.


Crypto Finserve news, social
Crypto Finserve search trends in Google
Random whitepaper excerpts

Contents
Introduction ...................................................................................................................................... 3
Financial Trading: An Excerpt............................................................................................................. 4
Market Size & Opportunity ............................................................................................................ 4
Blockchain ..................................................................................................................................... 8
Cryptocurrency.............................................................................................................................. 9
CFIN Platform .................................................................................................................................. 10
Overview ..................................................................................................................................... 10
Goal...............

Introduction
Abstract
Crypto Finserve is built to be worldwide payment solutions that allow users to instantly spend
or exchange currency and crypto currency directly from their mobile phone to merchants or
other users. Crypto Finserve will decrease resistance in the payment process and give users
instantaneous purchases. Crypto Finserve will be a convenient alternative to cash. It will be
incorporated with over 1000 brands at 100000 superstores and malls and online sites. Crypto
Finserve is designed as an integrated payment token that connects any fiat and crypto currency
directly to the global payments. Crypto Finserve aims to become payment system between
crypto currency and local currency enabling a revolutionary new payment standard.
Motivation
Rightnow the payment solution depends on cash and cashless.
Apart from that current payment solutions rely on decades-old systems develop around plastic
money that have not kept up with technology. From the first cards in 1946 to mag stripes in t...

Cryptocurrencies have the potential to massively upgrade the effectiveness of money
worldwide.
They can be sent nearly instantly to anyone anywhere in the world, can’t be diluted or devalued
by irresponsible governments, and can be programmed to operate inside of financial contracts
that rely on code major improvement over fiat money.
International money transfer made by migrants and immigrants and different business
payments done every year is in trillions of Dollars.
Market Size & Opportunity
The Market
The transaction value from the traditional payment systems is huge. Payment cards with global
brands such as American Express, Discover, Mastercard, UnionPay, JCB and Visa together
generated purchase volume of $28.422T in 2018. The volume is expected to grow to $54.8T by
2025. These “card present” and “card not present” payments for goods and services are
generated by credit, debit and prepaid cards. Cards issued in the United States held almost 25%
of global brand purc...

importantly are irreversible unless the recipient agrees to do so. No more issues with buyers
improperly submitting payment reversals. Fees are another area where cryptocurrencies comes
out on top. crypto currency transactions avoid many of the complicated costs such as payment
processor fees and exchange rate charges.
Existing Payment Ecosystem
Every time a card is used it starts a process with a complex network of stakeholders. Each node
pushes the transaction from the user to the acquiring party through multiple intermediaries,
often slowly and with fees collected at each gateway. This system is designed to leverage every
transaction as it passes and is governed by a complex set of guidelines that help resolve any
disputes within the network. Once payment reaches the acquiring bank, the merchant is given
access to a system to accept the transaction. This includes the payment terminals, processors
and the bank accounts where settled funds are deposited. The credit or debit card issuing bank
can t...

fill this role as a conduit from e-
commerce sites to acquiring banks. The process providers (MSP’s
and ISO’s) work as intermediaries that charge merchants for the processing service.
Payment Card Transaction Structure
Credit card transactions take place in three distinct phases, each drawing on the specialists noted
above. Here are the steps required to complete a hypothetical $100 purchase.
The consumer starts the transaction by swiping the credit card through the POS card reader. The
card is read and the terminal reaches out to the card’s authorization network. That network
connects to the card’s issuing bank to verify funds and to confirm the card is not locked or
reported stolen. Once the issuing bank approves the transaction, an authorization code is shared
with the card network and on to the acquiring bank. The acquiring bank responds by sending a
confirmation back to the retailer, completing the authorization process. This process only takes a
few seconds but is just the start of a ...

These are variable and are charged per incident: AVS (Address Verification), VAF (Voice
Authorization Fee), Retrieval Request Fee, Chargeback Fee, Batch Fee, NSF (Non-Sufficient
Funds) Fee, etc.
Retail Risks
Merchants are continually subjected to numerous risks associated with the current payment
card system. Although the issuing companies have worked hard to mitigate risk with card-
present situations, they still exist. Countermeasures such as “chip & pin”, holograms, special
materials, and embossed security characters have made card replication more difficult but not
impossible. C
oded magnetic strips and signature lines also verify the cardholder’s identity but
can be spoofed and are difficult to accurately verify in a busy retail environment (many people
are now advised to not even sign the back of their card). If the card is thoroughly authenticated
the merchant is not typically liable for fraud. On the other hand, online purchases typically use a
card-not-present (CNP) protoc...

Dealing with customer disputes is a very labor-intensive task and especially frustrating when
paired with chargebacks. What was originally designed to protect consumers has become a
headache that costs merchants valuable time and money. Eliminating chargebacks would be
ideal, but as they are an inevitable part of running a business the goal should be to minimize
them. At best, they are a nuisance, but at worst they create an expensive and complicated
process that consumes a significant amount of business resources.
When a cardholder initiates a dispute, their issuing bank typically reverses the charges and
refunds the cardholder. The payment facilitators recover the funds and the acquiring bank
claws back funds from the merchant. Chargebacks often occur weeks or even months after the
transaction, making it difficult to recover the funds from the merchant. This leads to acquiring
banks by applying special policies such as reserves, holdbacks and personal guarantees from
business owners to mitigate their ri...

Summarizing the facts, blockchain functions as a trusted intermediary imparting a frictionless
service within an organization. Along with its varied functions, blockchain makes
cryptocurrency a truth.
The primary function of blockchain serves as the ‘trusted intermediary’ without the ove
rhead,
friction, or time associated with a company or organisation. Blockchain technology also makes
cryptocurrencies a possibility.
Cryptocurrency
Cryptocurrency is termed as a digital asset and designed as a medium of exchange. Using
cryptography, this has turned out to be the latest trend for storing data, securing financial
transactions and verifying transfer of assets. Popular known as, ‘coin” or “token”,
cryptocurrency is identified globally as a decentralised and independent means of transaction,
both, fast and secure. Cryptocurrency is adopted on a global level where it became mainstream
in the year 2017.
2
The volume of Cryptocurrency trading has seen a considerable rise si...

Crypto Finserve Roadmap

1
Roadmap
2017- Concept Design 2018 q1 - Team Design 2018 Q3- Business Analysis 2019 Q1- Product Development 2019 - Alpha Version Developed 2019 Q4 - Product Test and Checking Bugs 2020 - Referral and Launching