AllPay is a P2P payment platform.
The platform supports the risk-free settlement of cryptocurrencies due to price fluctuations to sellers by storing a sufficient amount of AllPay Coin($APCG) and cash in a payment preparation account to handle the expected payment size.
According to the project, AllPay will be developed as a private main-net Hyper Ledger Fabric. It will provide smart contracts for $APCG issuance, payment and settlement processing, and API for implementing each service.
All individual transaction information is stored in the block of AllPay, and since this transaction information includes personal information, only authenticated participants can check their transaction information in AllPay platform. Through this, various AllPay participants such as each seller or e-wallet provider can verify whether the customer's transaction has been processed correctly. In AllPay's block, not only user's payment and remittance transactions, but also changes in node settings operating in the AllPay network and changes in each ledger are all recorded.
