Alchemy
INTRODUCTION
Trade on the Internet has come to depend solely on monetary organizations filling in as confided in outsiders to process electronic payments. While the framework functions admirably enough for most exchanges, despite everything it experiences the intrinsic shortcomings of the trust-based model. They ensure resources and set authoritative limits. They set up and confirm characters and annal occasions. They administer associations among countries, associations, networks, and people. They control administrative and social activity. But then these basic devices and the administrations framed to oversee them have not stayed aware of the economy's advanced change. They're similar to a busy time gridlock catching a Formula 1 race vehicle. In a computerized world, how we manage and keep up authoritative control needs to change. Blockchain vows to take care of this issue. The innovation at the core of bitcoin and other virtual monetary forms, blockchain is open, conveyed record that can record exchanges between two gatherings effectively and in an evident and lasting manner. The record itself can likewise be customized to trigger exchanges naturally.
What Exactly is Alchemy
Speculative chemistry is a main digital money payment arrangement and innovation supplier in the Asia Pacific that forces on the web and disconnected vendors with quick, secure and advantageous mixture crypto-fiat payment frameworks and arrangements.
The vision of Alchemy Global Payment Solutions Limited (Alchemy is the brand name of Alchemy Global Payment Solutions Limited while ACH is the Token given by the Alchemy, and is utilized as the condensing beneath.) is to give open-source protocols and quick item advancement stages for the biological system accomplices to assist them with quick, secure, helpful, adaptable and quickly developing worldwide payment arrangements, in view of the decentralization, shrewd agreements and accord instruments from blockchain innovation.
Through the rich encounters of Alchemy and its eco-accomplices in portable payment applications, the group is certain to lead the payment business' innovation application in the blockchain period and to utilize the arrangements where the conventional payment is well known with dealers.
VISION
Speculative chemistry envisions that supported by decentralization, savvy agreements and accord system of blockchain, Alchemy would empower payment industry players to grasp the new time of payment innovation by completely using a progression of open-source protocols and open R&D stage to improve the effectiveness of cross-fringe payments; to give dealers and clients a quicker, progressively secure, increasingly advantageous, and progressively adaptable worldwide payment arrangement.
Objective
The Goal of Alchemy is to plan the payment protocol through network agreement, to manufacture a decentralized, trust controlled framework, to speed up the infiltration of digital currency into our day by day life; and above all to restore the privileges of payment to the shippers, the client, and the market.
One of the most crucial issues of customary payment systems is that legitimate FIAT monetary standards are the elite alternatives for exchanges. This at that point enables brought together organizations to hold control over the clearing and settlement forms.
As a decentralized open biological system, the Alchemy payment system gives access to different resources that can be sold, including however not restricted to different cryptographic forms of money, tokens, credit payments and purposes of credit specialist organizations, different types of computerized resources, and fiat monetary standards; at last opening up alternatives for exchanges and not restrain them to one single type of cash. We accept clients and dealers reserve the privilege to pick which cash to use for payment and repayments.
Technical Features
Speculative chemistry payment agreement protocol can be conveyed consistently on different open blockchains to empower the acknowledgment of any digital forms of money.
Adaptable payment models accessible to help industry needs, including PULLPAY (shipper to check client) to meet an assortment of membership-based and repeating payment demands.
Bolster scaling arrangements, for example, Lightning Network, Raiden Network, State Channel Network just as Cross-Chain Payments.
AI and AI to alleviate misrepresentation hazard and improve the security of the system and dynamic procedures to fence deterioration danger of cryptographic money cost.
ROADMAP
- Q1-Q3 2019
P1: Smart POS integration for accepting payments in cryptocurrency
P2: Payment acceptance on Lightning Network MVP
P3: PULLPAY MVP
S1: Offline payment acceptance solutions for cryptocurrency
S2: Merchant POC for offline payment acceptance
- Q4 2019
P4: Magento, WordPress, WooCommerce, Prestashop, Opencart, Zencart, etc. Shopping Cart Payment Plugin
P5: PULLPAY V0.5
P6: Bitcoin P2P Purchase APP v0.5
S3: Merchant POC for online payment
S4: Online digital entertainment solutions v1.0 is released
- Q1 2020
P7: Alchemy Hub v0.5 is released ( support Raiden Network and State Channel)
P8: Alchemy Hub APP V0.5 is released ( support Raiden Network and State Channel)
P9: Bitcoin P2P Purchase APP v1.0
P10: PULLPAY V0.8
C1: Community working group of Alchemy consensus protocol is establishedC2: Alchemy Consensus Protocol v0.5 is released
- Q2 2020
P11: Alchemy Hub v1.0 is released
P12: Alchemy Hub APP v0.5 is released ( support PULLPAY)
P13: PULLPAY V1.0
S5: Online digital entertainment subscription PULLPAY solution
S6: Merchant POC for online digital entertainment subscription PULLPAY solution
- Q3 2020
P14: Alchemy Hub v1.5 is released
P15: Alchemy Hub APP V1.5 is released
P16: PULLPAY V1.5
S7: Multinational centralized payment acceptance solutions
- Q4 2020
P17: Alchemy Hub v2.0 is released
P18: Alchemy Hub APP v2.0 is released
P19: PULLPAY V2.0
S7: Alchemy Consensus Protocol v1.0 is released
- Q1 2021
Cooperate with business development, continue to iterate related products, solutions and Alchemy Consensus Protocol
The actual distribution is found below:
Alchemy Team: 18%
Private placement and IEO: 18%
Ecosystem Incentives: 5%
Consulting Fees: 2%
Network mobility: 6%
Mining (Payment rewards): 51%
ACH Distribution
6%: Network Mobility
2%: Consulting Fees
5%: Ecosystem Incentives
18%: Alchemy Team
51%: Mining (Payment Rewards)
18%: Private Placement & IEO
Distribution of Funds
Security: 5%
Policy : 10%
Operation: 10%
Marketing: 10%
Alchemy Fund: 25%
The Team
Patrick NGAN: CEO
Bin LIU: Partner / Project Management
Janet KIM: Partner/Strategy
Shawn SHI: Partner/Products
Lance XU: Partner/Operations
Technical Team
Chuan LIANG: Director of Payment Technology
Huarong NIU: Director of Communication Technology
Kai WANG: Director of Blockchain Technology
KT SOH: Head of Singapore Technology Team
Ryan TIPONES: Head of Philippines Technology Team
Kim-Aun GAN: Head of Thailand Technology Team
Business Team
Judy LI: Director of Strategy & Operations
Erica LAM: Director of Business Development
Angie LI: Head of North Asia
Glen LEONG: Head of SE Asia
John TAN: Head of Key Client Servicing
Consultants & Investors
Dr. Justin ZHAN: Scientist of Big Data and Cryptography
Sean MOSS-PULTZ: Scientist of Blockchain Security
Yan MU: Well-known Entrepreneur
Seema Khinda JOHNSON: Scientist of Blockchain Security
Natasha LV: Senior Compliance Expert
Alan TIEN: Product Innovation Expert
Kai Yee GOH: Cross-border Remitttance Expert
Lin LI: Strategic Development Expert
information
TELEGRAM: https://t.me/alchemy_official
MEDIUM: https://medium.com/@alchemyGPS
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