Since computers control the majority of modern transactions, fiat currencies bump up against a fundamental flaw: it is impossible to authenticate unique monetary units.

In layman’s terms, when a computer trades in dollars, there’s no way to verify that its money is real. It could be counterfeit.

Banks address this issue with ledger systems, but hackers can alter ledgers to suit their needs.

Cryptocurrency solves this problem by assigning unique encodings to each crypto unit. This fundamental difference cements cryptocurrency as the monetary model of the future. The huge demand of Bitcoin shows us that widespread adoption is already on its way.

The Layman’s Dilemma

Cryptocurrency is unapproachable to many. One needs to track private and public encryption keys and find a “crypto-wallet” solution to store their crypto units.
After doing all this work, the only apparent benefit of getting crypto is that it appreciates and gives people the opportunity to sell and earn more fiat currency. That makes it feel much like a type of stock, with a risk and potential reward associated with it.

But it’s a type of currency. Why isn’t it used that way?

Shouldn’t I be able to order goods and pay for them with crypto? Why don’t most major businesses accept crypto?

The reasons are simple. Fiat currencies are still valuable, and there are so many tools, solutions, and systems in place to support them.

 is a great example of such a solution. You can instantly transfer funds to vendors using Paypal, and the process is painless.

But Paypal doesn’t work in a vacuum. It links up with bank accounts and credit card networks and is a part of a larger monetary system. This web of money moving protocols makes e-commerce work.

 have no such existing infrastructure to use.

If you want to sell a service online, setting up a payment system in fiat currency is painless. Paypal, Apple Pay, Square, and countless other solutions are ready to deploy “out of the box.”

Asking for crypto means you need to set up a unique payment system for your service, and this will alienate a big chunk of your potential customers.

CryptoPay is the Solution

CryptoPay is analogous to PayPal and will allow users to pay for goods and services with crypto. It’s a payment system that plugs into web applications so vendors don’t need to develop their own crypto payment process.

The crypto model eliminates the need for banks; the structure of the network itself provides all of the accounting needed. Thus, the only missing piece of infrastructure is CryptoPay.

The Substratum Network is building the CryptoPay application on their blockchain network, and it will run on traditional web applications and browsers. It’s the piece that will bring cryptocurrency to its role as a transferable unit of wealth.

With CryptoPay, dealing with crypto will be painless and allow business owners to focus on running a successful business.

Get involved! The SUB ICO is happening now!