Tuesday, December 12, 2017


TokenPay’s platform has been designed to combine the strengths of an established banking institution with the flexibility and future-forward potential of cryptocurrency. The network enables the exchange of Bitcoin, Ethereum and other major cryptocurrencies by bridging the transition gap to fiat. It also enables unfettered user access to cryptocurrency funds at a merchant point of sale locations and ATMs worldwide. Users will have the ability to store Bitcoin and other cryptocurrencies in a secure and insured wallet similar to what customers at a typical bank provide for fiat accounts. As a result, counterparty risk is naturally minimized with a licensed and bonded bank. The TPAY token sale funds are intended to be used to complete a banking acquisition. This bank will operate in a manner that will cater to and understand the unique needs of global cryptocurrency holders.

TokenPay's goal is to afford clients the ability to facilitate ordinary cryptocurrency to hard asset transactions with ease.

TokenPay is in negotiations to form a new bank charter, acquire a bank or partner with a 20 year old bank, in an attractive, privacy-driven jurisdiction. In addition to cryptocurrency holder consumer benefits, TokenPay plans to introduce a complete suite of merchant services through the robust TokenPay banking platform. All billing and fees collected will be denominated in the TPAY digital token, which has already been thoroughly tested and developed. TPAY is an ultra-privacy coin that is functionally superior to Bitcoin in many ways. It contains several unique features such as multi-signatures, ring signatures, dual-key stealth addresses, ZK proofs (zero-knowledge), along with a fully encrypted and decentralized Tor network integration. TPAY is the backbone of TokenPay’s fundamentally core cryptocurrency-friendly banking integration


Multi-Signature Transactions
Standard transactions on the TokenPay network could be called “single-signature transactions,” because transfers require only one signature — from the owner of the private key associated with the TPAY address. However, the TokenPay P2P network supports much more complicated transactions that require the signatures of multiple people before the funds can be transferred. These are often referred to as M-of-N transactions. The idea is that TPAY coins become “encumbered” by providing addresses of multiple parties, thus requiring the cooperation of those parties.

Ring Signatures
In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members' keys were used to produce the signature.

Dual-Key Stealth Addresses
These addresses are different from the standard addresses commonly used in cryptocurrencies and allow for better privacy. A dual-key stealth address can be shared publicly by the recipient yet any transaction made out to this address cannot be linked back to it. When the stealth address has been revealed to the payer(s), it will enable the payee to receive infinite unlinkable payments. Meaning that each payment to a Stealth address computes a new unused normal address on which the funds ought to be received, any eavesdropper will be unable to link the two addresses. TPAY combines these features available to make the user experience a private and secure one.

Zero-Knowledge Proof
In cryptography, a zero-knowledge proof or zero-knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier) that a given statement is true, without conveying any information apart from the fact that the statement is indeed true

If proving the statement requires knowledge of some secret information on the part of the prover, the definition implies that the verifier will not be able to prove the statement in turn to anyone else, since the verifier does not possess the secret information.

Tor Network Integration 
Tor is a distributed overlay network designed to anonymize low-latency TCP-based applications such as web browsing, secure shell, and instant messaging. Clients choose a path through the network and build a “circuit'', in which each node (or onion router) in the path knows its predecessor and successor, but no other nodes in the circuit. Traffic flowing down the circuit is sent in fixed-size "cells," which are unwrapped by a symmetric key at each node (like the layers of an onion) and relayed downstream.

TokenPay SCI or Secure Communication Interface
TokenPay has incorporated a peer-to-peer encrypted instant messaging system using algorithms to maintain private conversations when using the TokenPay wallets.

All of the messages sent and received are encrypted by the proven AES-256-CBC algorithm and distributed between nodes in such a way as to prevent the recipient's messages from being hacked or viewed by anyone that it was not intended to, even if the hacker can view the entire network and/or run nodes of the network

To reduce significantly the risk and inconvenience of sharing passwords, we implemented the proven and trusted method of Elliptic Curve Diffie-Hellman or also known as an ECDH key exchange. This level of encryption is at the same level as what governments use for top secret files.

Uses of Blockchain Technology

TokenPay’s blockchain and integrated technology allow users the ultimate private, secure method of conducting transactions and communication. Below is a real-life example of how the TPAY coin technology can be used.

Blockchain is Based on Bitcoin

Since its launch in 2009, Bitcoin was developed and designed to operate as a transaction settlement network. It is, therefore, the logical platform destination for payment processing based coins. Bitcoin is also viewed as a haven asset similar to gold. Bitcoin is deflationary and scarce. Rival network Ethereum, on the other hand, is inflationary and abundant. Its network infrastructure is driven almost entirely with the purpose of facilitating the growth of decentralized applications (DApps). Its native ETH token was never designed to operate as a digital currency, only to be used to fund DApps running on the Ethereum protocol.


TokenPay’s secure encrypted wallets employ breakthrough Proof-of-Stake automation technology that is powered by the fully decentralized TPAY blockchain. Desktop wallet users receive rewards for simply leaving the wallet open. The processing power of the computer graphics card drives the TPAY settlement engine. This is a decentralized network, powered entirely by its users.


The creation of a a bank that is fully committed to customers with cryptocurrencies is utopian. TokenPay intends to offer traditional banking services with regulatory oversight and fiduciary status. AML and KYC procedures will apply the same, as with customers with fiat currencies. TokenPay plans to operate in the Hong Kong dollar which is pegged to the USD. Most desirable is the partnership or acquisition of a bank that has many of the existing correspondent banking relationships that are necessary to transact in major currencies.


A user’s digital tokens like TPAY or Bitcoin can be accessed whenever needed thanks to the closed-end real-time private exchange that will be part of the TokenPay banking platform. Accordingly, there is no need for the user to have to convert exact quantities of digital tokens to conduct a fiat transaction. This will allow TokenPay clients the ability to maintain unfettered access to cash at thousands of automated teller machines worldwide and millions of physical and online merchants.

TokenPay Cardholder Benefits

Low Cardholder Fees: TokenPay will provide some of the lowest fees in the industry to make sure owning and using the BlueDiamond card.

Low Cardholder Fees: TokenPay will provide some of the lowest fees in the industry to make sure owning and using the BlueDiamond card.

Real-time Conversion: When transactions are made via the BlueDiamond card it will automatically convert to the currency of the merchant.

Multi-currency Support: TokenPay will allow transactions in cryptocurrency and fiat linked to the BlueDiamond card. Users will be able to setup a default currency

Blue Diamond Card Purchase Rewards: All transactions paid with TPAY will receive a 1% “crypto-back” reward.

Details of Token Sale

ICO Begins: November 7, 2017
ICO Expires: January 17, 2018
  • TOKEN PRICE : 1 TPAY = 0.0005 BTC
  • SUPORT TOKEN : Bitcoin
  • TOTAL SUPPLY : 25,000,000
  • HARD CAP : 5000 BTC

    More Info

    Ann Thread : https://bitcointalk.org/index.php?topic=2400499
    Website : https://www.tokenpay.com/?rc=1713U
    Whitepaper : https://www.tokenpay.com/whitepaper.pdf
    Facebook : https://www.facebook.com/tokenpay
    Twitter : https://twitter.com/tokenpay
    Telegram : http://telegram.me/tokenpay
    Instagram : https://www.instagram.com/tokenpay/

    Author : mriansa
    Share This
    Previous Post
    Next Post