Project Description

I plan to create a new form of payment system, based on the Ethereum Blockchain. I plan to create a POS (Point of Payment) service where goods and/or services can be bought, and on payment, VAT can be sent directly to a Revenue account, a micro-fee can be charged to (currently theoretically) cover the cost of running the blockchain, and finally the remaining balance paid to the goods/service provider.

I plan to allow users and goods/service providers to convert euros into tokens(currency) by implementing the new PSD2 API into the crypto wallet segment of the project. The users will have an interface showing funds, and the provider will have their own interface of all the stocked items/services, allowing them to select the items the user is buying, and charge them by scanning the user’s wallet specific barcode which the user presents on purchasing.

My website will be updated regularly to reflect the progress of the project. Styling in progress also.