Aeryus is the first easy way for everyone to trade and buy things since mankind invented money. It’s a new payment system that allows you to use any type of digital currency you own for anything you need: whether it’s sending money to a kid at school, to buying garden hose at the local hardware store, to leasing a luxury car halfway across the globe from where you maintain your bank account. Since it’s built on blockchain technology, the transaction is instantaneous. No waiting for a bank to record the transaction, change a fee, and pass the money from one party to another, because there is no bank. There’s more security because there is no central bank that could be a target for hackers. And your personal data is safe because blockchain distributes little bits of encrypted information across the whole network, instead of storing it in a central database, the way banks do.
Anyone who wants to be part of the new world of finance that’s emerging as an alternative to the money we’ve always used! If you are a merchant tired of credit card fraud and the costs associated with it, you need Aeryus. If you are a businessman far away from home fed up with currency exchanges when you are trying to get deals done, you need Aeryus. If you are a local government that needs to purchase 20 tons of salt to spread on snowy streets, you need Aeryus. And if you are a student studying blockchain, – and every year, more colleges offer courses in it – you REALLY need Aeryus, because Aeryus lets you USE your digital currency so you can learn how it works.
We’re going to explain it simply, in case you’re a newbie. But it’s entirely original. So even if you are familiar with digital currencies, or cryptocurrencies as they are often called, you may want to read on! Aeryus transactions work by associating a value with a unique event, and creating a record of that event. An example from the world of money we all know: If I buy $10 worth of peaches at the farm stand, that $10 is like any other $10 dollar bill, or two fives, or ten ones. The amount is identical and indistinguishable. But now, those individual peaches are MY peaches, and that is unique. Aeryus does essentially the same thing in blockchain. The value associated with the transaction –the “what it’s worth” part –is called the fungible value. The part that makes it unique is called non-fungible – my unique receipt for my one-of-a-kind transaction. And Aeryus works by recording that transaction in the blockchain for eternity. There will always be a record of my transaction; when I spent it, how much it cost, what I spent it for, and who got my digital currency. This system of non-fungible transactions first developed in the gaming world, as a way of turning assets into one-of-a-kind player assets. Aeryus is the first in the world to apply the non-fungible model to the world of finance.
Aeryus is a used through a smartphone app. Once you download the app, you associate it with any digital currency “wallet” you own, or all of them, if you own more than one. Then — at the time of purchase in a store, or when you’re sending money to a classmate for your share of the late night pizza binge, or whatever – you open Aeryus, choose a contact, and Aeryus easily transfers the money. At stores, you’ll even see point-of-sale devices, like the credit card terminals we’ve used all our lives that will make the transaction even easier.
Well, if you’re asking ‘can I pay for things without reaching into my pocket for traditional money,’ the answer is “yes.” But using Aeryus is way more secure than credit card transactions. How many times have YOU heard from a bank or other centralized institution that your account may have been compromised? And if you are a merchant, how many times have you had purchases bounce back because the cardholder was fraudulent? If you worry about your account being hacked or your identity stolen –and who doesn’t? –Aeryus frees you from that worry. Unlike credit cards, there’s no such thing as buying items and paying for them over time, with interest. So it’s more like a payment card than a credit card, because you can only spend what you have.
Aeryus transactions are instantaneous. There is no processing lag as your bank holds the payment before releasing it to you. No delay in funds being “available“ to you, like with a check or other deposit. Select. Click. BAM.
Aeryus is built in a way that all the data is easily retrieved so that you or your accountant can declare your earnings and make any reports that might be required.
Okay, this part you CAN skip if you are blockchain literate, because security is a given in the blockchain world. In blockchain, every transaction is made up of bits of digital data (blocks) that get encrypted and distributed throughout the universe of users on the system (the chain). No one has access to every bit of it, and reassembling it by anyone who wasn’t party to the original transaction is virtually impossible. Plus, Aeryus will be even more secure because of what we’re calling Aeryus FirewallAI. It’s artificial intelligence that not only learns to recognize your spending habits; it can even PREDICT them. We worked with the world’s leader in artificial intelligence to build Aeryus FirewallAI, and there is nothing like it in the financial world. So whip out Aeryus and go to town. You’re safe to use it.