Howard, head of Bitcoin Development Ltd in China, said recently the project BodyPay(Personal Wearable/Embeddable payment systems) planning for a year by the team will officially launch soon, which based on the Principle of Bitcoin and its convenient payment functions to research the development of Wearable/Embeddable payment system.
The payment systems support the NFC identification for close Wearable Devices (Ring, Spire Lamella), support the RIFD identification for close Embeddable chips into Skin, and build global payment network to support it. It’s known that this payment systems will be positioned at small cross-border consumption of payment market for individual.
BodyPay supposedly solve the travel issues, including individual currency conversion, micro payment, cross-border consumption, cash security and so on, which is the best solution for convenient cross-border consumption in the future.
The use of personal assets is no longer confined to cash, bank card and network bank. The arrival of BodyPay will overturn the traditional third-party payment. It will embed the assets in owner. The time of intelligent person will come!