XRT: Blockchain-Based Food Payment Platform & Cryptocurrency

The food sector has numerous issues; this is especially so when it comes to paying for meals anywhere. For instance, you may fear to pay using your credit or debit card because of fear of credit card details being stolen. Besides that, credit-card affiliated payment processors, which are more secure, can be quite expensive for online retailers. Added to the expense is the lack of interface between processing systems. Resulting in, processing & payment delays, lost transactions and expensive fees. There is sometimes we face the issue of liquidity also. And this, therefore, gives XRT Foundation a reason to thrive and provide a different, efficient payment in food industry through the creation of XRT Project which include in XRT Platform and XRT Coin.

What is XRT? And, how it works? Let's find out in this brief review. 

What Is XRT?

XRT is a project of XRT Foundation, which intends to become a partner of large companies in the food industry. The XRT project will include on the creation of XRT Platform and a cryptocurrency token named XRT Coin. XRT platform is an application platform for payment for services of food industry companies (restaurants, cafes, etc.). While, the XRT coin is payment method within the XRT Platform. Food business developer will be able to collaborate with XRT platform, and consumers will be able to pay the bills in XRT tokens.

XRT aims to solve the vital payment problems occurring in Food industry where the XRT coin will be the substitute of 'card and cash payments'. XRT intends to enhance the performance of transactions and applied application through the Ethereum smart contract, using enhanced ways in providing real applications and lifetime payments through the hashing algorithm for encryption/decryption to provide more secured transactions, lowering the transactions fees, and allowing users to fully depend on XRT Coins to do their real business in a safe and secured manner.

How It Works?

In every sector, A customer always wants such a payment gateway which is fast and secure. By addressing the following purpose, XRT is building a very fast and convenient mobile app which will be available for both Android and iOS users.

In addition, XRT Coin API will make it possible for any developer to add XRT coins as a payment option. Businesses in the food and beverages sector have begun to collaborate with the XRT platform to accept XRT coins. It will be possible for customers to pay at cafes and restaurants for their services with the use of XRT coins.

Why XRT?

As a paynent method XRT provides numerous advantages over current methods such as:

• Secured Gateway: XRT is based on Ethereum blockchain, making it more secure, faster, and lower transaction fees than debit or credit cards
• Credibility: The XRT Token is affordable in its initial offering, but the team has planned for their success in terms of price. The project wants to make XRT reachable.
• Easy to Use: XRT coins based on the Ethereum protocol allow business owner and consumer do direct payment bypassing any intermediaries
• Big Data Insights: You do not need to share any private details

Who Is Behind XRT?

XRT is a project of XRT Foundation, found online at https://www.xrtfoundation.org/, which is a non-profit online food platform founded by two young and enthusiastic entrepreneurs 'MJ Paul' and 'Anil Kumar'. The additional team of XRT consists of 5 others people with experience in marketing, sales, event industry, blockchain, and project management. 

The description of each team member's experience says a lot about enthusiasm and almost nothing about real work experience and professional achievements. XRT team members include in:

Mahesh Jangid (MJ Paul)
CEO & Founder

• 2+ year of experience in crypto market
• Good Experience in B2C and B2B
• Good Financial and advisor skills

Anil Hashwani (Anil Kumar)
COO & Co-founder

• 3+ year of experience in Cryptocurrencies and related terms
• Vast experience in customer relationship management and business development

Govind Prasad Saini

CCO & CIO

• 2+ year of experience in Crypto market
• 4+ year of experience in Customer relationship management, business development
• Strategical and Analytical project development

Sagar

CTO

• 5+ year of experience in technical domain
• Good customer relationship management skills
• 1+ year of experience in blockchain technology

Marcio Teruel

Brand Ambassador

• Márcio Teruel is a Football Player
• Blockchain Influencer
• Serbian Cup 2013 Winner

Suman

MD

• 2+ years in business and project management

Vikas J.

CMO

• 2+ years of experience in marketing
• Good product development strategies

When Will XRT Token Sale Event?

According to the company whitepaper, available at https://www.xrtfoundation.org/public/docs/whitepaper.pdf, the XRT token Pre-sale event has ended. But, the Main ICO is currently underway at the time of this publication, and it will be held on 3 Phases. Below is the image of ICO schedule, price, bonus, and token allocation:

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