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Author Topic: Payment Address Look Up Service  (Read 548 times)
ikevin8me (OP)
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January 08, 2014, 10:53:10 PM
Last edit: January 09, 2014, 01:09:57 PM by ikevin8me
 #1

I'm developing a multi-cryptocurrency, multi-wallet, multi-platform application (https://bitcointalk.org/index.php?topic=405374.0) and thought it might be interesting to develop this idea as well:

                                          Payment Address Look Up Service

The idea is to have a service for people to register their payment address, and be connected via social networks (Facebook, Google+, Twitter, etc.) The information will be stored in a database and available via an API.

Clients (such as a wallet apps) can look up the database and find the person who registered and publicized their payment address. This could allow situations when providing an address via email/message or displaying a QR code is not convenient or fast. For example:

- When friends are talking on the phone. The payor can simply look up look up (via an app) on social networks and retrieve the payment address.
- When merchants are providing support on the phone. Staff can direct customer to search the service for the official payment address.
- Any other situation when the recipient is lazy to tell the other party his/her address or just don't have it offhand, and can simply say "oh, you can find my payment address on this service by searching my name or through our social network connection..."

Further, if I were to engage into developing this service, it would not only be for Bitcoin, but for alternative coins as well.

I think payment address for individuals and businesses should have a central look up service. What do you think? Do you think such a service would be useful?

http://blog.ikevin.me #biz #tech #dev #socialmedia #mashup #bitcoin #cryptocurrency
campycoin
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January 09, 2014, 01:29:09 AM
 #2

I agree.

I think that this would be a great service.

Any interest in bitcointrustbank.com

Why not just create a simple escrow service?

Where Lets say I am ESCROW (E) at the site bitcointrustbank.com

Person A wants to sell 1 btc for $1000 and places ad on the site.
Person B sees it and is interested in the purchase.

Person A then sends coins to our pay to address at bitcointrustbank.  When we see the 1 btc... We message Person B that we have the btc, so they send us the $1000 payment in any number of ways.  We then release tha payment to person A and we send the 1 btc to the wallet of person B.
geri
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January 09, 2014, 08:26:22 AM
 #3

I also think this would be useful
ikevin8me (OP)
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January 09, 2014, 02:14:27 PM
 #4

I just want to add more to the idea. Would it be nice if the service could deliver push notifications "You've got payment from Satoshi for the amount of BTC 1.00000000" delivered into smartphones or PC/Macs?

Then, I'm thinking now how to commercialize and sustain this business idea. Any ideas?

http://blog.ikevin.me #biz #tech #dev #socialmedia #mashup #bitcoin #cryptocurrency
ikevin8me (OP)
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January 09, 2014, 03:45:53 PM
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Any interest in bitcointrustbank.com

Why not just create a simple escrow service?

Where Lets say I am ESCROW (E) at the site bitcointrustbank.com

Person A wants to sell 1 btc for $1000 and places ad on the site.
Person B sees it and is interested in the purchase.

Person A then sends coins to our pay to address at bitcointrustbank.  When we see the 1 btc... We message Person B that we have the btc, so they send us the $1000 payment in any number of ways.  We then release tha payment to person A and we send the 1 btc to the wallet of person B.

That itself sounds like a good idea. But how you gain trust from users (ie. new customers)? HOw much capitalization do you have (or can you get) to start the service?

http://blog.ikevin.me #biz #tech #dev #socialmedia #mashup #bitcoin #cryptocurrency
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