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Author Topic: Contactless Payments with Bitcoin at any NFC-enabled merchant  (Read 1959 times)
PLUTUSit
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November 20, 2015, 01:00:52 PM
 #1

Website: https://plutus.it

Plutus.it White Paper: https://plutus.it/assets/Plutus.it-White-Paper-v1.0.pdf

White Paper (blog): https://medium.com/@PlutusIT/plutus-it-white-paper-the-next-generation-payment-system-875651ec43f4

Get Plutons: http://getplutons.plutus.it/

PLUTON - How will the crowdsale work

Please see this blog for frequently asked questions: https://medium.com/@PlutusIT/an-in-depth-look-at-plutus-it-frequently-asked-questions-9d92696ca9af

Videos: https://vimeo.com/user44924752/videos

Community Slack Group: http://slack.plutus.it/


"We believe this was the first payment at the Apple store, with a Bitcoin app."
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112kingrotator
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November 20, 2015, 01:47:26 PM
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Error establishing a database connection
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November 20, 2015, 01:51:14 PM
 #3

Bitcoin accepted everywhere. That’s the dream, right?

Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.

We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.

Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.

Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.

Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.

We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.

Website: https://plutus.it

Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/

Twitter: https://twitter.com/Plutus_TapPay



I am getting the same error as the above user mentioned. I do not fully understand how this work. So, basically I can pay using Bitcoin at any shop that accept Dedit (debit?) card. I just need to use my phone NFC functionality to make my phone a dedit (debit?) card?

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PLUTUSit
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November 20, 2015, 02:14:24 PM
 #4

Bitcoin accepted everywhere. That’s the dream, right?

Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.

We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.

Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.

Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.

Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.

We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.

Website: https://plutus.it

Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/

Twitter: https://twitter.com/Plutus_TapPay



I am getting the same error as the above user mentioned. I do not fully understand how this work. So, basically I can pay using Bitcoin at any shop that accept Dedit (debit?) card. I just need to use my phone NFC functionality to make my phone a dedit (debit?) card?

Yes precisely. Bitcoins you deposit are converted to your local currency on the DEX network and funded on to your virtual debit card to spend at NFC checkout terminals worldwide. Explained in this blog here: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/

Ddos, should be up shortly.
PLUTUSit
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November 20, 2015, 02:25:02 PM
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Error establishing a database connection

12K hits in 8 mins. Thanks forum: http://plutus.it/
joelpina
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November 21, 2015, 05:38:08 PM
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Wow Shocked this is probably the best solution for bitcoin payments I have seen so far. I have a couple of questions though.

1. How do I join the DEX network?
2. Will the app work in the US?

PLUTUSit
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November 21, 2015, 11:42:57 PM
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Wow Shocked this is probably the best solution for bitcoin payments I have seen so far. I have a couple of questions though.

1. How do I join the DEX network?
2. Will the app work in the US?



You simply register and verify your account on the Plutus DEX platform when its launched early next year. And yes the app will be available to use in the US.
PLUTUSit
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November 22, 2015, 01:20:41 PM
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"We believe this is the first ever transaction made to buy groceries at Marks & Spencer (UK) using a #Bitcoin app."
joelpina
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November 27, 2015, 09:04:05 PM
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Wow Shocked this is probably the best solution for bitcoin payments I have seen so far. I have a couple of questions though.

1. How do I join the DEX network?
2. Will the app work in the US?



You simply register and verify your account on the Plutus DEX platform when its launched early next year. And yes the app will be available to use in the US.

Ok thanks, We haven't caught up with contact-less terminals here yet so maybe not as big of a market in the US. I haven't researched this but its just a guess from what I have seen out and about. Kudos for the concept. I will be watching.
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November 30, 2015, 02:08:42 PM
 #10

I believe this could be one of Bitcoin's 'killer apps' that really help with Bitcoin users being able to use their Bitcoin in a way that is familiar to everyone in everyday life. Building software that interacts with pre-existing technology that people are familiar with is genius! Will be following this VERY closely. So much potential here.  Shocked
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December 02, 2015, 07:59:05 PM
 #11

Abra Smiley
https://play.google.com/store/apps/details?id=com.plutus.wallet

com.plutus.wallet


http://blog.goabra.com/2015/11/16/hiring-mobile-developer/

"Employer: Plutus Financial, Inc., dba Abra"

NON DO ASSISTENZA PRIVATA - The Rock Trading (ref): A good exchange / gateway Ripple, with support for multisig, since 2007. 
https://bitcointa.lk: Bitcointalk backup if offline - Bitcoin Foundation Italia - Blog: http://theupwind.blogspot.it
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December 06, 2015, 02:19:48 PM
 #12

" Final Day of Our Week of Living on Bitcoin and Plutus — It’s Cakeday "
https://vimeo.com/147958595?utm_source=hootsuite

VIA https://twitter.com/PlutusIT

Plutus lets you spend your bitcoin anywhere with a NFC payment terminal.

Trade Bitcoin and Altcoins: https://www.bitmex.com/register/x8ULfG
Perlover
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February 09, 2016, 12:52:23 PM
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I have read more times site of Plutus.it

But i have many questions.

Merchants get fiat money from who? From legal entity? From person?

As i understand your presentation at plutus.it - you use the escrow. The escrow has a bank account. As i understand it's one organisation.
If yes, why do you Etherium or decentralized network if it's centralized solution? It's very strange to use Etherium where it's not needed. You can use MySQL database Smiley

What happens if the escrow bank account will be frozen by bank? Or money will be stolen (by escrow for example)? I will lose bitcoins & money - bitcoins will be gotten by persons who bought their, money will be frozen.

I use now the Bit-X.Com debit card. I do not see the benefits of your system. I have bitcoin address of card in Bit-X . I put there money, they make deposit through 1/2-1 hour and i pay by debit card. Yes, it's own company and i risk there. But you use "decentralized" word. But you have centralization - the escrow with bank account which have debit card feature...

P.S. Personally, my opinion - you are trying to make out of nothing "revolutionary decision" under the guise of decentralization terms. The many bitcoin news write about you but you don't have any ready applications and etc. Only strange video from "Mark & Spencer" (fake video?).
PLUTUSit
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June 01, 2016, 12:41:48 AM
 #14

Videos: https://vimeo.com/user44924752/videos

Please see this blog for questions: https://medium.com/@PlutusIT/an-in-depth-look-at-plutus-it-frequently-asked-questions-9d92696ca9af

Or refer to Plutus.it White Paper: https://plutus.it/assets/Plutus.it-White-Paper-v1.0.pdf
PLUTUSit
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June 01, 2016, 08:19:07 AM
 #15

Recent Press:

IBTimes: http://www.ibtimes.co.uk/ethereum-bitcoin-payment-provider-plutus-announces-token-crowd-sale-1557525


Bitcoin.com https://news.bitcoin.com/plutus-reveals-vital-crowdsale-details/
PLUTUSit
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June 02, 2016, 12:31:48 PM
 #16

Join the Plutus.it community on reddit: https://www.reddit.com/r/plutus/

PLUTUSit
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June 04, 2016, 02:07:16 PM
 #17

More Press:

BitcoinMagazine: https://bitcoinmagazine.com/articles/discovering-new-payment-efficiencies-through-decentralized-applications-1460749914

PaymentSource: http://www.paymentssource.com/news/paythink/dapps-disruption-of-payments-is-inevitable-3024251-1.html
PLUTUSit
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June 05, 2016, 07:38:26 PM
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"We believe this was the first payment at the Apple store, with a Bitcoin app."

PLUTUSit
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June 07, 2016, 03:19:29 PM
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Plutus, Bitcoin and Ethereum on r/Android
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June 14, 2016, 05:59:27 PM
 #20

PLUTON - How will the crowdsale work
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