Plutus: Contactless Payments The Bitcoin Way
A new Bitcoin application is coming to the crypto-scene, and this concept is getting people pretty excited. We all want a world where we can spend our bitcoins, but there isn’t enough merchant acceptance. A new service called Plutus wants to change this problem by offering a digital currency platform that uses contactless technology through their wallet. The Plutus team says the service is easy saying: The product is in alpha phase, and people can sign up now to join the testing team. The service is expected to launch in Q1 of 2016 says a Plutus associate. The system works as follows:....
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Plutus, a new start-up based in London, allows any merchant with contactless card terminals to accept bitcoin and ethereum payments regardless of whether the merchant has in fact adopted bitcoin or ethereum. Utilizing the new NFC technology, Plutus aims to make physical Bitcoin and Ethereum payments as easy as tap and go, with merchants not being aware the payment was a digital currency based transaction, ensuring almost universal acceptance of Bitcoin and Ethereum. The Plutus app, showcased in a video, converts Ethereum or Bitcoin on the fly, with the actual payment made in fiat.....
London-based startup Plutus is developing a mobile app that will allow bitcoin payments at contactless payment terminals all over the world. The technology is powered by the Ethereum platform and is destined to work at all NFC-enabled payment terminals in the world, even if the merchant hasn’t enabled Bitcoin as a mode of payment. Plutus has announced a new application which will enable Bitcoin adopters to — in essence — pay with the cryptocurrency at NFC-enabled merchants all over the world. According to Plutus, the entire process works by the application converting bitcoin to fiat....
PlutusDEX dapp ensure complete decentralization of bitcoin-powered contactless payments through Plutus platform. Bitcoin and blockchain technology has changed the face of online end electronic payment systems. The use of blockchain technology, combined with crypto-tokens is not an alternative payment option anymore. It is getting to a point where it will soon be part of the mainstream, alongside fiat currencies. Thanks to platforms like Plutus that are making it possible. Plutus is a decentralized platform that allows people to spend bitcoin in regular Point of Sale terminals that accept....
The Bitcoin Tap & Pay application Plutus has just announced that it has finished its crowdfund, raising $1 million USD in just nine days. With these funds, the startup plans to complete its Bitcoin NFC payment app. Expectations Exceeded, NFC App Coming Soon. The contactless (NFC) payment firm Plutus wants to make it’s easier to spend bitcoin. The....
Making Bitcoin payments more accessible to consumers all over the world will help put digital currency on the radar as a formidable financial solution. Now, Plutus is bringing more convenience to the Bitcoin ecosystem by letting users pay with digital currency wherever contactless (NFC) payments are accepted similar to how popular mobile payment apps....