Post
Topic
Board Altcoin Discussion
Re: Digital currencies for Merchants
by
iconoclast
on 06/08/2018, 10:48:31 UTC
Hi there.
Didn't find any topic about digital currencies for Merchants. The idea is simple - who are developing such kind of currencies for merchants needs. I'm not a developer but looks like it must have POS integration SDK and be fast enough to pay for cup of coffee in a second. Of course free or low fees prefered, merchants will choose them. What do you think what other features it should have?

Currently i know only few:
Pundi X
Nano


REBL is making a plug n play blockchain infrastructure which could be utilized by merchants and businesses according to there specific needs. They can make business required centralized as well as decentralized blockchain as in accordance to the business needs whereas eventually the token metrics will still point towards the decentralized REBL currency.
We all know that the value of cryptocurrencies are too volatile and the volatility crypto is it possible to cause of losing the money of merchants and it should be need an stable price of currency.
The work around for that is a simple solution that allows merchants to convert all payments in crypto into fiat currency or even into a stable coin in real time as the payment is made.

Another project you should consider if you are looking at POS tokens is STK Token. They use a software solution to bridge between cryptocurrencies and existing payment infrastructure with a mobile Tap To Pay app. Here is link to a page that explains how it works. https://stktoken.com/platform-technology.html