Doesn't really explain much, and it seems their site is down?
Can you tell me more about it? Sounds interesting, if he found a better way to send Bitcoin between parties via their mobile phones then BIPS
It requires no extra software, and uses SMS and phone numbers to send the bitcoins from one account to another. Your site is a whole POS system this is like a tip bot for the real world. That is what I got from the video.
As does BIPS, if you utilize our eWallet, would love to show you, if you are interested.
I just saw there was a video, I disabled NoScript. currently watching.
EDIT: I see it as a payment system where you have bitcoin on your "BITS" account and can send these instantly via SMS mobile number, this is what I got from the video.