Crypto technology has launched a new crypto-currency which is being called the most secure coin in the world, namely TokenPay and the token used in the process is called TPAY. It has been launched as a decentralized and self-verifying payment platform project to initiate secure transactions between multiple parties on block. Based on Ethereum platform it has a wide range of advanced safety features. Its transactions are carried out through TPAY which is its own proprietary and is an untraceable digital asset. The characteristics include encrypted messaging, completely anonymous trading, and stealth addressing system and uniquely designed hashing algorithm that ensures secure and fast confirmation under all circumstances.
This digital ecosystem is robust and is fuelled by 2-of-3 Multisignature Transaction Engine (MTE) which is custom built. The user of TPAY token is protected by the advanced protocol as all the parties must publish the corresponding data after approving the transaction on the blockchain. It is different from the traditional payment services as there is no centralized handling of user funds at any point in time in TokenPay. The users or the participants have their own pair of private keys that are kept as secret and public addresses can be distributed by the users freely. So, to initialize a transaction on TPAY blockchain the corresponding private key is signed by all the parties.
|The transactions are done with anonymity, complete security and without any counterpart risk unlike typical conventional way of payment platform. TokenPay has incorporated A peer to peer encrypted instant messaging system has been incorporated by TokenPay using algorithms.|