Have you introduced this project to commercial establishments already?
The platform has so much advantages but implementation is another thing.
Usually, shops or institutions are bit hesitant to use cryptocurrency or blockchain in terms of payment method because of its price volatility and also its "complex" nature for a beginner.
Hi guys,
I am the CEO and designer / inventor of the KINEKT Terminal solution and will try to answers as best i can from time to time. Unfortunately things crazy busy right now with our ICO approaching, including the next phase of our international PCT Patent Application have to be filed etc. However, for any questions especially more in depth questions please feel free to PM me on my Telegram address here
https://t.me/kinekt_terminalsAs far merchants are concerned our strategy is to solve the specific pain points they have which are transaction costs, terminal costs, card fraud costs, loyalty card terminal costs etc. With KINEKT they will be making money instead of losing money - it becomes a product for them in addition to solving their problems by removing the need for a card or handsets altogether as everything stays in the cloud. As far as transaction speed goes for cryptocurrencies they need to sort that out on their side - those that have quick transaction speed will be able to plug into our cloud and instantly allow their customers to make payments just by the touch of a fingerprint. For the slow currencies we have some patent pending solutions to try out first, chances are the problem will be eventually solved either on blockchain itself (ie side chains etc) or some other ideas we have.
Please remember i am completely open and will answer as many questions as possible, including directly here on Bitcoin when time allows!
The current bank card terminal environment is not feasible anymore, it is time to change it for the better.