🪙CPT: Continuous Payment Technology

Continuous Payment Technology

Moveflow's Continuous Payment Technology (CPT) is a highly innovative solution that enables continuous and uninterrupted payments from sender to recipient by second. Moveflow adopts the concept of "flow accounting" to keep track of the asset transfer, which divides a user's balance into two parts: Static Balance and Real-time Balance.

• The Static Balance refers to the balance at the latest CRUD timestamp, which is the timestamp of the most recent create, read, update, or delete operation on any payment flow related to the account.

• The Real-time Balance changes in real-time as payments are made or received, calculated by multiplying the netflow rate by the time elapsed since the latest CRUD timestamp. The netflow rate represents the sum of all inflows and outflows of the account, with inflows being positive and outflows being negative. It is computed by adding up the flow rates of all payment flows related to the account.

The Continuous Payment Technology (CPT) provides seamless and efficient solutions for various payment scenarios. Let's explore how it can be applied:

1. Payroll Management: CPT streamlines the payroll process by automating the continuous transfer of salaries to employees in real-time. This eliminates manual payment processing and reduces the risk of errors or delays. By ensuring timely salary payments, CPT improves the financial stability and well-being of employees, preventing them from being burdened by late or irregular payments.

2. Music and Video Services: CPT enables a payment model based on service time and content for music and video platforms. Users can pay for the exact time they spend consuming content, on a per-second basis. This ensures fair and accurate payment, giving users more control over their expenses. Service providers benefit from a transparent and efficient payment system.

3. Gaming Industry: CPT can be utilized in the gaming industry to implement a pay-per-use model based on players' online time. Rather than fixed fees or subscriptions, CPT allows game developers or service providers to automatically deduct fees proportionally to the time players spend in the game. This flexible payment approach aligns charges with actual usage, encouraging players to engage more frequently and optimizing revenue for the service provider.

By leveraging CPT of MoveFlow, businesses can streamline payment processes, enhance user experiences, and optimize revenue generation across different industries. Whether it's ensuring timely payroll, fair payment for content consumption, or personalized charging models in gaming, CPT revolutionizes payment systems with its seamless and efficient capabilities.