Request Network Price Chart Update [REQ]

Introduction to Request Network

Request Network is a decentralized network that enables secure payments between requestors and payers. With the use of blockchain technology, Request offers faster, easier, and more secure payment processing, allowing for greater automation.

How Request Network Works

In the Request Network ecosystem, any user has the ability to create a payment request on the Request ledger. These requests can be discovered by users through e-wallets or financial applications available in the market.

If a user approves a payment request, it can be completed with just one click. Once the payment is made, the user's request is updated and marked as completed on the Request network.

For example, User A can ask User B to make a payment by creating and sending an invoice to the blockchain. User B's wallet will display the request and process the payment for User A.

Key Features of Request Network

Enhanced Security

Request Network allows users to perform transactions without sharing their bank information. The payment information on Request is confidential and not shared, minimizing the risk of account blocking or the reuse of bank account details.

Cost Savings

Transactions on Request eliminate the need for third-party involvement. Users simply need to send a request and wait for the transaction to be completed. By eliminating intermediaries like Bitpay, Stripe, or PayPal, Request significantly reduces transaction costs.

User-Friendly

Request Network offers a user-friendly interface that enables transactions to be completed with just a few clicks. The platform aims to minimize manual input errors from users, offering a seamless experience.

Request Network Roadmap

For a detailed insight into the project roadmap, please visit this link.