[IMPACT]
Make easy and affordable for small-scale businesses as: coffee shops, restaurants, food services, repair shops, bakeries, small stores, to receive payments from their customers in cryptocurrencies.
Benefits
For Small Business
There are several benefits for merchants to collect payments in cryptocurrencies:
1. Lower transaction feesThere are fewer fees associated with cryptocurrency in comparison to credit cards payments.
2. Increased securityBecause of its decentralized nature, cryptocurrency protects merchants against fraud.
- No chargebacksThe blockchain stops customers without appropriate funds to make a payment, reducing the likelihood of the chargeback.
Empower merchants with easy to use mobile application Mobile App and the DApp to receive payment for goods and services in cryptocurrency, as an alternative payment method, without an additional hardware or software.
Costs Of The Problem
Small-scale businesses losing money on credit card transaction fees, between $10,000 and $250,000 in annual payments; from 2.87 percent and 4.35 percent per transaction.
With additional cost of hardware leases and software subscriptions.
Slow crypto adaptation in real life.
Cryptocurrency price fluctuation.
While novelty to small businesses, convince of use our application to collect payments.
Most of the small business owners are not crypto-savvy, they don’t know how to set-up crypto currencies payments.
- We will help the merchants who are willing to use our application, select crypto wallet with is the most suitable for particular business.
To reduce risk merchant must researching cryptocurrency companies before determining which crypto coins is the most suitable.
[FEASIBILITY]
Our proposal will be executed once we receive funding.
Our project will take from 3 months to 5 months to develop.
And few more months for promotion, and testing.
Software Architecture and Design: User interface design including wireframes, high-fidelity designs with a prototype and app flow. hours 96 x $80 = $7,680
Software Development: Coding and Testing hours 145 x $90 = $13,050
Data Base Development: Coding and Testing hours 108 x $90 = $9,720
Mobile Application with Data Base (iOS and Android) Development: Coding and Testing hours 190 x $80 = $15,200
dApp Development: Coding and Testinghours 305 x $130 = $39,650
Software and Data Base Implementation:hours 54 x $90 = $4,860
Mobile App and dApp Deployment:hours 90 x $120 = $10,800
Testing and Debugging: hours 48 x $90 = $4,320
Documentation and Tutorial: hours 80 x $90 = $7,200
Maintenance and Advertising: hours 24 x $80 = $1,920
End to End development of a dApp, cost about US$ 48,000 or more
Mobil application with data base (iOS and Android) development and deployment cost about US$ 21,970
For software and data base development and implementation need US$ 42,510
Promotion and advertising US$ 47,600 or mote.
Total needed US$ 162,000 for our project.
If more information are needed, we will provide it on request.
Project Manager
Mr. Wlodek Sass
President & CEO of Eario Inc. Canadian Federal Incorporation
Toronto, Canada
Computer Programer and Webmaster Content Site Designer
George Brown College of Applied Arts and Technology, Canada.
Seneca College of Applied Arts and Technology, Canada.
Diploma With Honours
Over 17 years’ of experience, website and mobile application development.
Extensive experience in mobile apps design and development, for iOS and
Android platforms, with multiple functionality.
CV - http://payecrypto.com/cv/cv_wlodek.pdf
Program Architecture and Documentation
Dr. Fernando Lopez Irarragorri
Doctor of Technical Sciences
Monterrey, Mexico
Associate Professor of Operations Research Graduate
Program in System Engineering Department of Mechanical and Electrical
Engineering Autonomous University of Nuevo Leon.
Master’s Degree in Computing Applied To Engineering And Architecture
Computer Networks Specialist
Universidad Autonoma De Sinaloa, and Tecnologico National De Mexico
CV - http://payecrypto.com/cv/cv_fernando.pdf
Software Design and Development
Mr. Frank Antonio Rodriguez Diaz Senior Software Engineer Montevideo, UruguayComputer Sciences Master Degree Informatics Sciences Engineer, Machine Learning and Artificial Intelligence. Senior Software Developer, URUIT, Montevideo.CV - http://payecrypto.com/cv/cv_frank.pdf
Database Design and Development
Mrs. Meralys Vilches Rodriguez
Data Base Developer and Software Analyst
Montevideo, Uruguay
Computer Science Engineer
Developer and Software Analyst, ODOO, Python Empresa Datamatic,
Montevideo.
Developer Analyst, SQL, Kettle Topaz Company, Montevideo.
CV - http://payecrypto.com/cv/cv_meralys.pdf
Mobile Application and dApp Development
Mr.Lokesh Patel
Master of Computer Application
Indore - India
Bachelor of Computer Science (Hons) DAVV, Indore
Master of Computer Application (M.C.A) Senior/Team Lead Mobile
Application
Experience in Mobile app development with multiple functionality.
Mobile Technologies; creation and maintainability of mobile apps and
back-end app.
Teklead Software OPC Pvt. Ltd, Indore
Sr. Hybrid Application Developer/Team Lead
Aplite Info Solution Pvt. Ltd, Indore
Sr. Mobile Application Developer
CV -http://payecrypto.com/cv/cv_lokesh.pdf
Project Manager Experience
Develop over 30 apps for iOS and Android developed by Wlodek Sass
- Eario Inc.
Apps created and own by Wlodek Sass
- App Store / iOS: https://apps.apple.com/us/app/electric-cars-ev/id1388349994
- Google Play / Android: https://play.google.com/store/apps/details?id=com.electriccarstrade.electriccars
PC and Mobile websites created and own by Wlodek Sass
- Eco Brake-By-Wire an Electrorheological fluid brakes, a pure electronically controlled brake system. http://ecobrakebywire.com
- Electric Cars Catalog http://electriccars-online.com
-Auto Mechanic App https://carwarninglight.com
-Cuba Travel Guide http://netssa.com
[AUDITABILITY]
We will post information on progress on our project on the website.
Work in progress: http://payecrypto.com
Everyone one can access to see our project time line and work in progress on our website.
Broad adaptation of our application.
High number of registered users.
Easy to use by the small business in every day payments.
For Merchants, the merchants must download and instal our mobile application or dApp, set up merchant account and connect to cryptocurrency wallet.
While novelty to small businesses, we will help merchants who are willing to use our application, select crypto wallet with is the most suitable for particular business.
Monetization
Our cashflow will come from three channels: fiat/crypto exchange fees, transaction fees, and transfer fees.
This is entirely new project proposal.
SDG Rating
SDG subgoal:
9.3 Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
Key Performance Indicator (KPI):
9.3.1 Proportion of small-scale industries in total industry value added