FVI Group is developing a new e-commerce platform known as Etherpay, an ecosystem designed to advance cryptocurrency payments through Ethereum and smart contract technology.
Stephen Jackson, the founder of Etherpay, recently stated at an FVI press conference in Hong Kong: "Blockchain is one of the most influential technologies in history. Etherpay combines two of the most disruptive innovations—digital payments and cryptocurrency—and is set to revolutionize the entire financial system, bringing positive change to people across the globe."
Jackson added, "The Etherpay ecosystem essentially integrates e-commerce with the global economy."
The Etherpay project will include the following features:
- Etherpay Mall: An e-commerce platform operating within the Etherpay network.
- Etherpay Wallet and Debit Card: Enables users to spend Ethereum at over 42 million online and offline merchants using their smartphones or a physical debit card.
- Etherpay Point-of-Sale System: A blockchain-based POS network and hardware solution.
- Etherpay Data: Uses data analytics to inspect, clean, transform, and model data for actionable insights and decision-making.
- Etherpay Credit: Offers cross-border peer-to-peer lending capabilities through smart contracts and blockchain technology.
- Etherpay Fund: A low-fee fund that invests in Etherpay's master nodes, new ICOs, and projects within its ecosystem.
At the conclusion of the event, Jackson announced that FVI has officially joined the Crypto Valley Association (CVA), a Swiss-based organization that supports the development of blockchain and cryptographic technologies. The association includes many leading enterprises and startups, such as PwC, KPMG, and ConsenSys.
"Following our membership in the Enterprise Ethereum Alliance, the world’s largest open-source blockchain initiative, joining the Crypto Valley Association further affirms FVI Group’s commitment to becoming a leader in digital solutions," Jackson stated.
Team and Leadership
Stephen Jackson serves as the Chief Advisor of FVI and is the founder of the Etherpay team. He has helped numerous businesses achieve success. Mike Ross, the Chief Operating Officer, oversees the operations and management of the Etherpay project, with extensive experience in scaling startups into major e-commerce service providers. Gary Hitchins, the Product Director, is a long-time contributor to the blockchain community.
Frequently Asked Questions
What is Etherpay?
Etherpay is a blockchain-based e-commerce ecosystem that enables users to make payments and conduct transactions using Ethereum and smart contracts. It integrates various financial and commercial services into one platform.
How does Etherpay work?
The system uses Ethereum-based smart contracts to facilitate secure and transparent transactions. Users can shop online, use a dedicated debit card, access lending services, and invest through a unified platform designed for ease of use and global accessibility.
What are the benefits of using Etherpay?
Etherpay offers lower transaction fees, enhanced security through blockchain, global accessibility, and integration between traditional and digital finance. It aims to make cryptocurrency spending practical for everyday use.
Who can use Etherpay?
The platform is designed for consumers, merchants, investors, and developers interested in leveraging blockchain technology for e-commerce and financial applications.
Is Etherpay secure?
Yes, the platform utilizes Ethereum’s robust smart contract capabilities and blockchain’s inherent security features to protect user data and transactions.
Where can I learn more about getting started?
👉 Explore more strategies for using blockchain in e-commerce