Payfair

Contents

Overview of Payfair

  • PayFair’s “Smart Wallet” technology will allow Escrow node holders to easily connect and communicate with other Escrow node holders (unless they wish to stay anonymous.) This new type of networking gives the PFR token a clear advantage over similar coins because Escrow node holders can more easily organise themselves because they know who each other are.
  • PayFair is the first and currently only independent initiative enabling banks to offer consumers and merchants a truly SEPA compliant European payment method which is future proof, supporting contactless as well as mobile payments and low value payments, at an attractive transaction cost for merchants and banks.
  • PayFair brings competition to the European card market and offers an alternative for the national payment cards which are coming to the end of their existence soon, while offering consumers a new modern and convenient payment experience.
  • PayFair is easy to enrol and implement within a current system giving consumers comfort and security while providing banks with an efficient alternative that secures the profitability of their card payment activities.
  • PayFair supports dozens of cryptocurrencies, including ETH, BTC, BCH, LTC, PFR, 0XBTC, AURA, BAT, BBN, BNB, DENT, FUN, GET, HOT, HYDRO, ICX, LINK, MAN, OMG, PRL, REN, TFD, TUSD, VEN, WTC, ZCO, and ZIL.
  • PayFair is a new decentralized escrow platform and a peer-to-peer cryptocurrency exchange for buying popular cryptocurrencies which include Bitcoin, Ethereum and Bitcoin Cash as well as many other coins.
  • PayFair partners with all market players to promote real transparency, great price competitiveness and profitable payment activities in an open market environment.
  • PAYFAIR (PFR) is a decentralized Escrow stage and p2p trade which guarantees the vital security of all digital money exchanges made between two gatherings.
  • PayFair’s business model is organised around a SEPA and PSD-compliant system that allows it to make payments simpler, faster and safer.
  • PayFair collects a small fee to keep it running and also distributes a percentage of this fee to the Trust nodes every month.
  • Blockchain

    Payfair does what the escrow service did for Susan and Tim but on a blockchain.

    Network

    PayFair uses “Smart Wallet” technology that lets escrow node holders connect as well as communicate with other node holders if they wish.The PayFair team feels that this networking provides an advantage for PFR tokens, since escrow node holders have the ability to easily organize themselves via communication.This is a sharp contrast to the current masternode systems on other platforms that do not allow for any human-to-human connections.

    Support

    As with the Euro for cash, the European Authorities also want a single market for card transactions and bank accounts.In addition, some national payment card systems – such as Bancontact/MisterCash in Belgium, Pin in The Netherlands, Bancomat in Luxemburg, Laser in Ireland – will not become SEPA compliant and will have to be replaced by European schemes.SEPA (Single Euro Payments Area) for cards alone is expected to make substantial cost savings for individuals and companies in transaction costs.

    Transactions

    Take the time to read the Trade Conditions, and if you agree, click “Accept Trade Conditions.” The escrow protection on PayFair only applies for transactions where both parties accepted the trade conditions, and the platform warns against sending funds before this occurs.

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    How Do You Find a Buy or Sell Offer on PayFair?

    You can search for a buy or sell offer right from the PayFair homepage.Either select one of the five cryptocurrencies listed in tabs as a default option, or click “More Cryptocurrency” to find another one.Once you click on the cryptocurrency of your choice, you will see filter options with listings immediately below.Options to buy are on the left with options to sell on the right.

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    Female CEOs Are Rare, But Is Their Pay Fair?

    Many companies have recently doubled down on their focus on diversity, equity, and inclusion (“DE&I”) initiatives, and gender diversity is among their top priorities.Additionally, proxy advisory firms and a growing number of institutional investors now consider board gender diversity when assessing director election proposals.Despite increased awareness, female representation among executive leadership still appears to be lagging.Provided in this CLEARthinking is an analysis of Russell 3000 CEOs to determine whether female CEOs’ pay is lagging too.

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    Can anyone use Bitcoin Revolution software?

    Yes, anyone can use Bitcoin Revolution software in order to trade cryptocurrencies or even standard currencies.Our app is designed with both novice investors and seasoned traders in mind.Its user-friendly interface allows for complete customisation of trading parameters regardless of the user’s experience level.

    How do Bitcoin and Bitcoin Revolution work?

    Bitcoins are essentially secure and encrypted blocks of data that have financial value just like regular money does.Therefore, cryptocurrencies can be used in similar ways.For example, when purchasing an item or multiple items with Bitcoin, the currency is transferred from the buyer to the seller just like euros or dollars would be.Thus, Bitcoins can be exchanged for various goods and services, or even cash, and this is exactly why they are so valuable.

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    What is Bitcoin and how much is it worth?

    Bitcoin (BTC) is a digital currency known as cryptocurrency in the trading world.While its functions are similar to those of traditional currency, Bitcoin is not centralised by a bank or a financial authority, which gives investors full control over transactions.Other than that, you can use it just like you would any other currency.

    How Do You Trade on PayFair?

    Once you find a trade offer you like, you can open trade with the buyer or seller.Take the time to read the Trade Conditions, and if you agree, click “Accept Trade Conditions.” The escrow protection on PayFair only applies for transactions where both parties accepted the trade conditions, and the platform warns against sending funds before this occurs.

    What are the key takeaways from your book?

    Robin: Readers will walk away with convincing proof that the real problem is the alignment between performance and pay, not the absolute levels of executive pay.In addition, they will have a clear understanding of the definition of alignment, and how to determine whether a given company’s pay is aligned or not.Finally, they will develop an understanding of the root causes of misalignment and what to do about it.For example, ad hoc pay decisions that occur outside of the normal pay programs and frequent changes in program design can wreak havoc with alignment.

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    What are Cryptocurrencies?

    Cryptocurrencies are digital currencies that operate independently from governments, financial institutions, or other regulatory bodies that usually control transactions.The way their worth is defined is simple and that not much different from the way we evaluate traditional currency.Simply put, the more people invest in cryptocurrencies, the more their value goes up.

    Did Banks Pay Fair Returns to Taxpayers on the Troubled Asset Relief Program?

    The U.S.Treasury invested almost $700 billion in the country’s financial firms in 2008–2009 to stabilize the financial system under its Troubled Asset Relief Program (TARP).An important piece of this program was the Capital Purchase Program (CPP), under which the Treasury bought preferred equity in financial institutions.Bankers and market observers often stress the fact that TARP recipients paid the taxpayers back with a positive return.The Treasury also takes the financial return on TARP investments as a key performance metric.The fact that TARP investments were paid back with positive return has often been used as an argument in favor of ex post renegotiation of contract terms and broader policy changes in the banking sector after the recovery from the financial crisis.

    What Are Trust Nodes?

    Trust nodes help support the token price for PFR, ensuring it can resist dramatic changes and remains stable.Trust nodes also perform jobs like securing, maintaining, and updating the ecosystem for PayFair.

    Are there any fees on Bitcoin Revolution?

    No, trading on Bitcoin Revolution does not involve any hidden fees, broker fees, or commissions.Joining and using the platform is 100% free and you will get to keep your deposits, investments, and profits in their entirety.What is more, withdrawals are not taxed in any way and are processed in a maximum of 24 hours after you put in your request.

    Is Bitcoin legal everywhere in the world?

    Bitcoin is legal in many countries around the globe, including The United States of America, Canada, Australia, and the European Union.However, each region has the authority to regulate cryptocurrencies independently from decisions taken in other parts of the globe.Therefore, you should always check local laws before starting to mine Bitcoin or any other crypto for a profit.

    How Do You Set Up an Escrow Node?

    As with a trust node account, you must create a separate escrow node account to have an escrow node.It needs a unique username but can share an email address with your other PayFair accounts.Click on the link in your confirmation email, and once you log in, you will get a warning message that you do not have enough PFR to provide escrow services.

    How Bitcoin changed everything?

    The story of Bitcoin starts in mid-2008, when the financial crisis of 2007-2008 was still in full swing.It was then that the domain Bitcoin.org was registered by person or group operating under the pseudonym Satoshi Nakamoto.This is when the process of peer-to-peer digital currencies was first defined.

    How much money can I make with Bitcoin Revolution?

    The possibilities of making a profit when trading with Bitcoin Revolution are endless.It all depends on how much cash you are willing to spend on the transactions you pursue.The more money you invest in Bitcoin Revolution, the more you will get in return in terms of sheer earnings.

    How is your book different than other executive compensation books?

    Robin: Historically, other books on compensation are ‘how to’ books.For example, they talk about how to choose peer groups, how to determine target pay levels, how to value stock options and what legal constraints affect executive pay today.These books are helpful, but are more technical and tend to be read by compensation professionals.

    What Are Escrow Nodes?

    Escrow nodes are a key part of the PayFair ecosystem, as they ensure trading integrity.Also known as guarantor nodes, escrow nodes are secured via PFR tokens so each ecosystem decision gets performed by an actual person and has assurance via value.This combines with an escrow rating system to help the platform get rid of bad actors.

    How Are Disputes on PayFair Resolved?

    Disputes are settled by escrow nodes on the platform.To settle a dispute, the holder of the escrow node reads the Seller and Buyer Trade Conditions and the chat logs from the trade.They look at the evidence provided by both parties involved.Evidence can include written evidence in the chat log as well as digital or photographic evidence such as a screenshot or picture of a bank transaction, bank statement, transaction IDs, or proof of postage.Escrow nodes are encouraged to check for photoshopped or doctored images and request more information if they need it.Once they have enough evidence, they decide.Three escrow nodes must come to the same decision in a row for it to apply.

    Do I need trading experience to use Bitcoin Revolution?

    Not at all.No prior trading experience is required when using the Bitcoin Revolution software, as you will not be buying and selling to and from a foreign exchange.Instead, you will be handling Bitcoin Contracts for Differences, or CFDs for short.This means that all you have to do is speculate on the price of Bitcoin and earn money when guessing price fluctuation points.

    Is Bitcoin Revolution a scam?

    No, Bitcoin Revolution is not a scam or a fake piece of software.It is an entirely legit and certified cryptocurrency trading platform that has the highest success rate on the market.Our platform is regulated by the government and delivers results that speak for themselves.But don’t take our word for it! Below, you will find a few of our genuine customer reviews that clearly highlight what other people that used the software had to say about Bitcoin Revolution.

    What are Escrow Nodes?

    Escrow-nodes are rewarded for their active participation in the system.They receive a commission for each successful trade they have participated in of which is paid out in the currency that the trade was completed in.

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    What Fees Does PayFair Charge?

    The low fees charged by PayFair go toward ensuring that all transactions remain private and safe.Non-escrow deals have a 1 percent fee, while escrow deals have 1.5 percent fees, both of which are before taking into account the rating of the contractor.In the case of non-escrow deals, 80 percent of the fee goes to trust nodes, and 20 percent goes toward supporting the ecosystem and marketing.In the case of escrow deals, 99 percent of the fee goes to the escrow node that made the decision with the remaining 1 percent going to trust nodes.

    What are the potential consequences if corporate America fails to fully embrace the idea of aligning executive compensation with performance?

    Robin: In 2010 I answered this question as follows: Over the last 10 years, we have seen repeated patterns of how financial disaster leads to a perception of how executive pay caused these failures, or how executives were paid handsomely despite these failures.In turn, this real or perceived excessive executive pay gives corporate America a reputation black eye, which then can lead to new (or threatened) legislation.This legislation often further burdens our free market system with additional taxes and other frictional costs being levied.Today, in 2016 I would say that we are at a boiling point.Executive pay is once again in the headlines and “main street’s” anger is reflected in the rise of poltical outliers like Bernie Sanders and Donald Trump.We have the perfect storm of people who feel marginalized, economic volatility, and the perception of excessive executive pay.

    Is Bitcoin Revolution safe to use?

    Of course! Bitcoin Revolution is 100% safe and secure, as our market-leading algorithm is designed in collaboration with some of the industrys most seasoned and reputable financial experts.The proprietary software behind the app has an accuracy rate of 99.4%, the highest you will find among other platforms of this kind.In addition to this, all of the information you provide is encrypted so as to protect the integrity of your sensitive personal data.

    What are the benefits of Bitcoin Revolution?

    As a currency, Bitcoin is highly secure and completely anonymous.Its high market value and the fact that it is not controlled by a government or a bank recommend it as the superior currency choice when trading.And with the help of our revolutionary platform, the process is simplified and accessible to anyone who wants to start making money.

    Is public perception of executive compensation correct?

    Robin: Enormous bonus payouts in the financial services sector for 2007, followed by the widespread financial meltdown in 2008 and 2009, caused the public to believe that executives generally are egregiously overpaid.Since 2010 we have seen many of the same headlines, but this perception is not always correct.Fair Pay, Fair Play reveals that CEO compensation, adjusted for company size, industry, performance and inflation, has been virtually flat over the last 15 years.In fact, CEOs earning those outlier pay packages are a small minority (approximately 5%) of the population.Most executives are paid well below these eye-popping levels, even though pay and performance often are not aligned.

    What Currencies Does PayFair Support?

    PayFair supports dozens of cryptocurrencies, including ETH, BTC, BCH, LTC, PFR, 0XBTC, AURA, BAT, BBN, BNB, DENT, FUN, GET, HOT, HYDRO, ICX, LINK, MAN, OMG, PRL, REN, TFD, TUSD, VEN, WTC, ZCO, and ZIL.You can choose up to three of these currencies to track by having them always appear on the landing page of your account for “Markets.

    What are Trust Nodes?

    Trust-nodes are awarded for their passive participation in the system.They receive a commission for every successful trade on the platform of which is paid out in the currency that each trade was completed in.

    What Are the Requirements for a Trust Node and How Do You Set One Up?

    Before setting up a trust node, a user must have at least, 10,000 PFR.It is important to note that trust nodes are weighted, which means that any tokens over 10,000 multiply the value of a payout.So, someone with 11,000 PFR would have a 1.1x payout.Unlike master nodes in other ecosystems, PayFair trust nodes do not require 24/7 online time or have any hardware requirements.Instead, you just have to link the PFR wallet to the platform.

    What Does the PayFair Roadmap Look Like?

    The PayFair roadmap began in October 2017 with the pre-sale for the PFR token.The public sale of the token took place in November 2017 with the audit and distribution in December.During Q1 and Q2 of 2018, PayFair delivered a working platform and added new coins.In Q3 and Q4, PayFair will continue to expand by adding a mobile application and bot messenger along with integrating additional applications.

    Who should read your book?

    Robin: Anyone interested in the topic of executive compensation might benefit from reading Fair Pay, Fair Play: Aligning Executive Performance and Pay.Those who are charged with setting and administering executive pay levels and programs will find the book especially valuable as I write about the philosophical, strategic, psychological, emotional, practical and particularly challenging aspects of determining pay.Moreover, I provide accounts of people who walk in the shoes of board members, CEOs, CHROs, and investors.

    What Do Escrow Node Holders Do?

    Escrow nodes must have $250 worth of PFR, and those who operate escrow nodes will be active participants.They resolve disputes that occur between sellers and buyers using provided information.It is important to note that PayFair temporarily changed the required tokens for an escrow node to 3,000 PFR as a result of the recent crypto crash.

    What are we asking for?

    We have a three point plan that we think will make a big difference in the fight to tackle poor payment practices.

    What Should You Know about PFR?

    The PayFair token (PFR) is an ERC-20 token that uses the Ethereum blockchain as its basis.The token is designed to create trust nodes and deliver a safe environment for transactions.

    Why did you write this book?

    Robin: Companies say their objective is to align pay and performance, but they don’t have adequate tools to measure whether or not they’re doing this.At the same time, investors say they’re concerned less about the absolute levels of executive compensation, and more about the lack of alignment between pay and performance.After 30 years working in the executive compensation consulting business, and being frustrated about the lack of tools for defining and measuring alignment, I set about to ‘crack the code.’ I wanted to develop a definition for alignment, determine the extent to which alignment is an issue, and develop guidance around how alignment can be achieved.Fair Pay, Fair Play provides guidance, within a range of reasonableness, on how much executives should be paid for the performance delivered.

    Who is behind Bitcoin Revolution?

    The Bitcoin Revolution algorithm was created by a dedicated team of brokers and financial experts with years of experience behind them on the foreign exchange market.This is why the app has the highest accuracy level in its field and is always ahead of the game when it comes to crucial price points that will earn you a profit.In addition to this, we also have a dedicated customer support team that works round the clock to cater to your needs.

    History of Payfair