PrepayWay

PrepayWay

Created using Figma
Created using Figma
PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries.
Pre-Sale
Apr 18, 2019
May 31, 2019
5% completed
Raised funds - no Data
ongoing
Token Details
Accepted Currencies
ETH, BTC, LTC, BCH
Company Details
Registered Country
Switzerland
Additional Details
MVP/Prototype
Yes
Whitelist
Yes ,
KYC
Yes
Categories
Platform, Finance, Payments

About PrepayWay

Global commerce is burdened by unreliable and largely manual paper-based processes characterized by a lack of transparency and an absence of secure, trusted information. As a result, suppliers, buyers, and transporters involved in international transactions suffer cash flow delays, payment disputes, and difficulty in maintaining liquidity. However, the advent of blockchain technology can eliminate these difficulties, ensuring the validity and security of transactions involved in the global movement of goods and delivery of services. Moreover, by automating payment methods such as letters of credit, it can eliminate inefficiencies, streamline business processes, reduce operational complexity, and reduce transaction costs.

The PrepayWay’s mission is to remove the aforementioned burden by integrating decentralized blockchain and self-executing smart contracts with business processes to introduce a new paradigm in international commerce. Specifically, PrepayWay offers the following:

  • legally binding contract templates developed by legal experts in accordance with the appropriate national laws and regulations and translated into multiple languages;
  • self-executing smart contracts containing coded terms and conditions of the contracts;
  • an integrated gateway for digital and fiat currency transactions powered by licensed escrow partners;
  • cross-border decentralized financing solution;
  • secure storage of records of smart contracts and transactions on a blockchain;
  • efficient and enforceable dispute resolution by SmartArb, the International Smart Mediation and Arbitration Institute.

No single company can unlock the potential of blockchain alone. The PrepayWay Blockchain Ecosystem integrates blockchain with existing business functions, leveraging it to generate value and accelerate growth. The resultant synergy will result in opportunities for strategic partnerships and access to innovative technology. 

PrepayWay Roadmap

  • 2017-2018

  • Seed investments round successfully closed;
    PrepayWay Core Team;
    PrepayWay AG (HQ in Switzerland) founded;
    PrepayWay Systems Switzerland AG founded – Escrow service provider;
    PrepayWay Systems Estonia OÜ founded;
    PrepayWay® trademark application and registration;
    SmartArb® trademark application and registration;
    Inbit® (token) trademark application and registration.
  • 2017-2018

  • PrepayWay Ecosystem business logic;
    PrepayWay Real Estate business logic;
    Elleeo business logic;
    SmartArb business Logic;
    Elleeo prototype;
    SmartArb model clauses published;
    Elleeo fully functional demo;
    PrepayWay Real Estate contract creation and negotiation process proto closed testing,
  • Q1 - Q2 2019

  • Fundraising stage 1;
    SRO membership application;
    PrepayWay Real Estate visual prototype;
    Real estate agreement creation process demo version;
    SmartArb Rules published.
  • Q3 - Q4 2019

  • PrepayWay Global Trade prototype;
    SmartArb as a fully functional mediation and arbitration institute;
    Elleeo MVP,
  • Read More
  • Q1 - Q2 2020

  • PrepayWay Real Estate MVP;
    Multilingual country-specific legal templates;
    Fiat-crypto gateway framework;
    Crypto-crypto gateway framework.
  • Q2 - Q3 2020

  • Fundraising stage 2;
    Beta version and release of PrepayWay Real Estate;
    Beta version and release of Elleeo;
    Beta version and release of PrepayWay Global Trade;
    Smart-Arb regional offices in EMEA, APJ, NCSA.

Activity

Activity:
60
LOW
Posts:
76
VERY LOW
Views:
10 705
VERY HIGH
Activity:
574
VERY HIGH
Merit:
292
HIGH
Posts:
648
HIGH
Views:
8 957
HIGH
Users:
63
LOW
Posts:
106
MEDIUM
Followers:
9 189
HIGH
Likes:
8 328
HIGH
Followers:
10 702
VERY HIGH
Tweets:
130
MEDIUM
30 Days Growth:
3078
Alexa

Rank:
601 942
LOW
Delta:
-4 978 525

PrepayWay Team

Verified 33%

Attention. There is a risk that unverified members are not actually members of the team

Prof. Dr. Frank Emme...
Co-founder
verified
Nikolai Kalinin
CEO & Сo-founder
verified
Dr. Vahe Sahakyan
Co-founder – investor
verified
Antonio Gurei
Community Manager & Co-founder
verified
Dr. Mihnea Constanti...
CPO & Co-founder
verified
Eduard Langebraun
CFO & Co-founder
verified
Artemiy Haimi
Marketing Manager
unverified
Mosun Oke
Legal Development
unverified
Sergei Gerasimov
Software Development
unverified
Vadim Vohmjanin
Software Development
unverified
Yiyang Yang
Marketing Lead | Asia
unverified
Torgom Varzhapetyan
Business Development
unverified
Evgeny Varlamov
Software Development
unverified
Vladislav Davarashvi...
Software Development
unverified
Aleksander Kalinin
Social Media Manager & Co-founder
unverified
Hyo Jeong Chang
Digital Marketing | Asia
unverified
Anna Nishcheret
Content Writer & Coordinator
unverified
Oliver Nedela
COO & Co-founder
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Vazgen Melikyan
Advisor
unverified
Dr. Artashes Karapet...
Advisor
unverified

PrepayWay Interviews

Prof. Dr. Frank Emmert
As a team member, сan you tell us about your role in the ICO project?
Co-founder and legal advisor, ensuring compliance in all major jurisdictions, in close collaboration with our law firm partners.
What do you think about idea?
Exciting project with stellar team and very professional implementation! Expect great things from this start-up. Join us while you can and ride to the top with us!
Nikolai Kalinin
As a team member, сan you tell us about your role in the ICO project?
I'm the co-founder and CEO of the company.
I'm responsible for creating and implementing the company vision and mission, leading the development and execution of long-term strategies.
What do you think about idea?
I truly believe that by developing an ecosystem for blockchain projects we are doing a really great things. Most of the projects cover technical aspect but most forget about very basing things like AML, GDPR, Legal aspect of the deal and of the contract. And last but not least dispute resolution. It is very common when enforceability of the contract just stands for automatic processing one or another action while our project offers solutions that are really and legally enforceable in more that 150 countries around the world.
I believe that our project is really unique and offers an all-in-one solution that hasn't been offered by anyone before.
Dr. Vahe Sahakyan
As a team member, сan you tell us about your role in the ICO project?
I am one of the early investors and the cofounder of the project. My involvement has been limited to only providing financial support to the project.
What do you think about idea?
It is a comprehensive solution for companies across wide range of industries and will revolutionize how international business transactions are conducted.
Antonio Gurei
As a team member, сan you tell us about your role in the ICO project?
I am co-founder and community manager in PrepayWay. Working closely with our marketing unit, I am in charge of disseminating timely and transparent updates on the development of the project.
What do you think about idea?
I believe that the PrepayWay concept is awesome because it applies the latest, revolutionary technology to make the world a safer and better place by streamlining international transactions.
Dr. Mihnea Constantinescu
As a team member, сan you tell us about your role in the ICO project?
I am engaged in strategic market analysis and defining relevant product features. I am focused primarily on finding friction points and inefficiencies present in the traditional transaction flow and, leveraging our ecosystem's features, propose improved solutions.
What do you think about idea?
We offer a unique mix of legal, financial and technology elements rebundling different services for a customer-friendly digital transaction experience. We see blockchain as an enabler, but not the end goal. We therefore develop our solution starting from the needs of market participants and work backwards towards the tech implementation.
Eduard Langebraun
As a team member, сan you tell us about your role in the ICO project?
As a startup co-founder, I have done everything from budgeting and hiring to assisting the product team with building prototypes. As a CFO, I focus mainly on financial planning & analysis and cash flow management and collaborate with other co-founders in setting clear operational goals; I am also responsible for meeting with investors and building relationships with industry experts and potential partners.
What do you think about idea?
It's about time we brought the real estate market out of the stone age where it still operates and rid it of the lengthy paper-based procedures and manual verifications prone to fraud and error. At PrepayWay, we aim at doing exactly that by applying smart contracts and blockchain technology.

PrepayWay Last News

4.34
positive
5.0 18
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