Review on Request by francis fernandez
Request: a universal payment ecosystem
Request is a payment platform that operates on the Ethereum blockchain in a decentralized way that offers any user the possibility to request and receive payments reliably and quickly.
One of its advantages is its compatibility with all the digital currencies of the world to order payments and to receive them. For this, it has the support of decentralized Financial Organizations (DEFI) that allow it to be part of a global financial ecosystem and generate a flow of payments without restrictions or intermediaries that delay the process of commercial operations.
Request has many utilities, its main functions being the following:
* Allows you to design tools for the execution of scheduled payments.
* Allows organizations to issue cryptographic commercial invoices and receive their consideration in cryptocurrencies and stablecoins such as USDC.
* Allows entrepreneurs to design and share payment requirements easily and simply.
What technology does Request use?
Request works as an open source platform with free access to design, save and view invoices and payment documents in a public portal with global access. This represents a unique advantage for accounting services organizations, audit firms, billing and payment services companies since they will be able to interact on a single and truthful record book that remains unchanged and that also provides the possibility of establishing authorization levels for those who want privacy in their operations.
Its interface between blockchains is easy thanks to the use of the HTTP API protocol and its privacy is guaranteed by GDPR, an elliptical curve computer programming that allows only authorized persons to view the data.
Request is also highly scalable due to the large volume of data being massively stored on IPFS instead of the blockchain, ensuring high performance. What is stored in the blockchain is the hash, making its alteration impossible. This gives you security.
Pros
- It is an open ecosystem to make payment requests and receive consideration in cryptocurrencies and stablecoins.
- It has a quick and easy access interface
- Offers secure, private and reliable transactions without loss of time
Cons
- There are no disadvantages in its use.
