The Future of Touchless Payments - Why iBeacon Technology Needs Bitcoin
Apple released a device update weeks ago that made large improvements on existing iBeacon technology. The update allows devices to search for existing beacons without the application being open on the device, while also enabling nearly all iOS7 devices to send and receive beacon signals. This means that retailers can send messages to customers, accept....
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Apple has been silently promoting their iBeacon technology and recently debuted it in their own stores. This past Friday: December 6th, 2013 Apple launched iBeacon within its 254 U. S. stores. iBeacon takes advantage of Low Energy (LE) Bluetooth, which Apple has silently put into all of its products since the iPhone 4s and iPad 3rd gen. Essentially, any device that can run iOS7 can be directly used as a LE Bluetooth device and function as a transmitter and receiver: be an iBeacon. TechCrunch's article on the iBeacon calls Apple's marketing of the iBeacon an "Open Secret," and Wired goes on....
Apple's new product, iBeacon, is a technology that could change the way people interact in its retail stores. Furthermore, iBeacon could potentially revolutionise how we pay for items: putting the tech giant squarely at the centre of the mobile payments industry. iBeacon is a software and hardware combination that Apple has deployed in all of its 254 US stores. The software uses a brand of Bluetooth wireless networking, called Bluetooth Low Energy, to pinpoint compatible devices nearby. It communicates with customers' iPhones and iPads to work out exactly where they are in the store,....
Technology is evolving at a very rapid pace these days, and newer trends are emerging even before the previous iteration could gain any mainstream traction. Wearables have not become all that popular just yet – simply because the excitement wears off quite fast – but that isn’t keeping companies from coming up with new ideas. Eye-controlled smartwatches open up interesting possibilities for payments and Bitcoin in the future. Creating Touchless Wearables. One of the main gripes consumers have when it comes to wearables is how they are fun for a few months and are then mostly stowed away in....
Touchless mobile payments are now available to select Circle users. The bitcoin wallet and payment service has integrated near-field communication (NFC), enabling users to transact with its Android App wherever bitcoin and NFC are accepted. Circle is a digital money platform that delivers streamlined, user-friendly functionality similar to that of traditional online payment tools like PayPal or Apple Pay, both key players in the fast-growing mobile payments movement. A growing number of developers in the digital currency space are looking to NFC to simplify and speed up secure payments.....
Airbitz has launched a new version of its mobile digital wallet with added features aimed to help onboard novice bitcoin users. The company's mission is to offer a product that will help newcomers understand how bitcoin can be easily used for everyday purchases through features such as a location-based merchant directory, cloud encryption and Bluetooth low energy (BLE) payments. Speaking to CoinDesk, Airbitz CEO Paul Puey said that the app is designed for bitcoin educators, who he hopes will use it to show others that using and managing a bitcoin wallet - even with functions for added....