{"id":5031,"date":"2022-03-05T21:55:42","date_gmt":"2022-03-05T21:55:42","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/stk-whitepaper\/"},"modified":"2022-03-05T21:55:42","modified_gmt":"2022-03-05T21:55:42","slug":"stk-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/stk-whitepaper\/","title":{"rendered":"STK Whitepaper"},"content":{"rendered":"<div id=\"post-746\">\n<div class=\"entry-content\" readability=\"41.878846153846\">\n<p>The STK token will enable real time point of sale (POS) transactions directly from users\u2019 private cryptocurrency wallets. We predict the ability to make purchases in-store and online using cryptocurrencies will speed up mass adoption of the technology. The STK token is part of a global solution to facilitate borderless transactions. To make instant payments at point of sale from a blockchain wallet requires we do a real-time exchange of cryptocurrency into fat.<\/p>\n<p>The STK token provides access to our state channels which a) ensure there is suffcient cryptocurrency (i.e. Bitcoin, Ether) in the digital wallet and b) users spending fat at point of sale will complete the purchase from their cryptocurrency assets. STK automatically opens a state channel between each user and STK\u2019s own wallet. STK tokens fund the transaction, much like gas funds Ethereum transactions. The frst implementation will be with STACK\u2019s digital wallet. STK tokens will be implemented on the public Ethereum blockchain and adhere to the ERC20 protocol.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/STK.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">STK<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The STK token will enable real time point of sale (POS) transactions directly from users\u2019 private cryptocurrency wallets. We predict the ability to make purchases in-store and online using cryptocurrencies will speed up mass adoption of the technology. The STK token is part of a global solution to facilitate borderless transactions. To make instant payments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5031","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=5031"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5031\/revisions"}],"predecessor-version":[{"id":5032,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5031\/revisions\/5032"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=5031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=5031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=5031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}