BlackHat Project team is introducing you to new update “Checks”
What Is a Check?
Checks are a unique ID in the text view or a QR-code, which allow them to be conveniently transferred and redeemed in the BlackHat wallet. A check is an instrument in BlackHat ecosystem that directs a payor to send a specific sum of BLKC to the bearer. The person or entity creating the check is known as the payor or drawer, while the person to whom the check is written is the payee. The drawee, on the other hand, is the account in our blockchain on which the check is drawn.
Checks in BlackHat Project may be redeemed by the person who found/got it. When the payee presents a check to a BlackHat system, the funds are drawn from the payor’s account.
KEY TAKEAWAYS OF BLACKHAT CHECKS
- It’s an instrument that directs a blockchain to pay a specific sum of money to the bearer.
- It is another way to transfer funds from the payor’s account to the payee account.
- BlackHat check has a payroll type, also known as paychecks in real life in banks.
- Checks in BlackHat ecosystem looks like a unique ID or simple QR-code.
How Checks Work
A check is a bill from the BlackHat account that guarantees a certain amount of money. It is formed at https://wallet.blackhatco.in/send as QR-code by payor and can be send to specific or random payee some way for your choice (using messenger, e-mail or etc.). The payor fills the check (amount of coins, transparent or shielded address and expiration date (if necessary)).
The payee, who then takes it to the system can deposit those funds into his account buy redeeming this check. Fill the form at https://wallet.blackhatco.in/receive , choose address (transparent or shielded) and specify check ID or upload QR-code you have.
You can find all this functionality in our Telegram bot, where it is also easy and convenient to use (@BlackHatWalletBot)
How to use Checks
Of course, checks can be used to make bill payments, as gifts, or to transfer coins between two people like usually. They are generally seen as a more comfortable way of transferring coins, especially when you need to prepare the sum before the deal.
One of the useful directions to use checks that the BlackHat team sees is their use by bloggers (YouTube or Tik-Tok) for marketing purposes. For example, let your audience to know that you will granted them with some coins in random moment on video and implement QR-code with BlackHat check in it. Keep the attention of your audience in focus throughout all the video, attract new users with coin giveaways easily.
We will be glad if you will find new ways how to use our checks for you. Tell us about this functional in comments, suggest BlackHat to your friends and all people around!
P.S. If you are lucky enough to be the first to try using the QR-code included in this article (there will be a separate check for each of our platforms: Telegram, Discord, Twitter), then you can get acquainted with the functionality of checks in practice and get some BLKC as a gift 😉