BTC$27 138.42


ETH$1 905.16




Binance Coin


USD Coin




PrepayWay: All-In-One Blockchain Solution

09 Apr 2019

#ABBC Coin

PrepayWay: All-In-One Blockchain Solution for Businesses

It appears that Switzerland is gradually becoming one of the most progressive and open-minded countries in terms of blockchain adoption. Although it seems only natural since the Swiss Confederation lies at the heart of international banking and entrepreneurship, the very areas where blockchain is most applicable. The local government and financial authorities took a pragmatic approach towards blockchain and cryptocurrencies which translated into a more favorable regulatory and business environment.

In the last several months alone, we have seen blockchain startups, which offer various blockchain-based solutions from data management to asset security, mushrooming in Switzerland. 

A few days ago, the Swiss fintech company PrepayWay AG, which is based in Zurich, announced that they will be organizing a sale of their native utility tokens called InBit. 

The mission of PrepayWay

Unlike many other blockchain projects which are focused primarily on a particular issue that can be resolved with the aid of blockchain, PrepayWay develops an ecosystem that encompasses all areas of international business relations which are currently plagued by the excessive bureaucratism and the overall ineffectiveness. The ecosystem will substantially accelerate the flow of business, simplify all core operational processes, and lower the transaction costs. These goals will be achieved through the integration of the all-in-one blockchain solution that is based on self-executing smart contracts, an accessible gateway for international remittances in fiat and cryptocurrencies, protected storage of all financial records, and the dispute resolution mechanism. The resolution scheme was developed by the International Smart Mediation and Arbitration Institute (SmartArb), a company from Indianapolis that renders the Alternative Dispute Settlement (ADR) services using smart contracts. 

Basically, PrepayWay assumes the functions of attorney, banking and arbitral establishment, and escrow agent to create a seamless way of doing international business across multiple industries. 

The PrepayWay ecosystem

The ecosystem developed by the Swiss project consists of four core elements, namely PrepayWay Global Estate, PrepayWay Global Trade, the mentioned SmartArb, and Elleeo. Each of these elements serves as an integral component of the overall token economy which, on its part, will be assimilated into the conventional business processes.

PrepayWay Real Estate stipulates for the use of smart contract templates to carry out the reservation of various items of real estate without trusted intermediaries. The smart contracts ensure the protectedness of the earnest money deposit, allow for customization of real estate agreements in different languages and in concordance with local legislation, and ensure the proper execution of the terms encoded in the contract. 

PrepayWay Global Trade significantly reduces the cost of contract drafting by providing the competently made templates, accelerates the document flow by the virtue of the automated paper processing, and reduces the chances of errors and tampering through the use of self-executing smart contracts. 

SmartArb offers a dispute resolution scheme that includes the smart system which automatically generates solutions at the initial stage of the dispute. Should the parties waive the proposed solution, the case is transferred to the specialists from SmartArb who provide the non-binding or binding arbitral award.

Elleeo is a crowdlending sub-platform where users can either lend or borrow money for their business needs with the help of a pre-established legal partner who participates in the conclusion of the Loan Servicing Agreement (LSA).

ICO details

The token sale is set to begin on April 18. Only 1000 investors, which have been whitelisted prior to the start of the ICO, will be allowed to purchase the tokens at the 70% discount from the initial price of 1 EUR for 100 InBits. The scope of investment ranges from 10 to 300 EUR. Citizens of the United States, Switzerland, and several other countries will not be admitted to the token sale.

Author: Alex Paulson for


Coinsquare launches CAD backed stablecoin
Coinsquare launches CAD backed stablecoin
WorkLock: an Alternative to ICO/IEO
WorkLock: an Alternative to ICO/IEO
Tokenization of Assets is a MUST
Tokenization of Assets is a MUST

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 90.4% 12 $27 138.42 0.67% 1.42% $526 244 858 811 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94.4% 5 $1 905.16 1.78% 3.91% $229 081 653 780 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000098 0.01% -0.03% $83 257 842 516 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 91.6% 2 $307.40 0.66% 0.16% $47 910 801 205 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $0.999845 0% -0.03% $28 941 949 857 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 76% 40 $0.523096 2.89% 12.38% $27 192 303 394 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 91.6% 7 $0.377941 3.19% 3.22% $13 185 243 857 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 88.8% 14 $0.072236 0.21% 1.81% $10 084 312 379 DOGE 7 days price change
10 Solana (SOL) SOL Solana predictions 84.4% 27 $21.22 2.15% 9.04% $8 419 052 407 SOL 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 80.8% 31 $0.894287 -0.09% -3.20% $8 298 503 979 MATIC 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 80.4% 34 $0.076440 1.73% 0.15% $7 772 125 964 WTRX 7 days price change
13 TRON (TRX) TRX TRON predictions 83.6% 33 $0.076681 2.03% 0.46% $6 916 960 123 TRX 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 76.4% 38 $94.53 -0.68% 7.94% $6 905 969 709 LTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 92.4% 8 $5.24 -0.11% -0.32% $6 266 962 796 DOT 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.