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Topic: [2016-02-08] Plutus combines Bitcoin and Ethereum to push contactless payments (Read 363 times)

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Bitcoin payments app Plutus provides tap and pay at contactless payment terminals, including Transport for London, using Ethereum smart contracts and a decentralised rewards scheme.

All bitcoin deposits are made prior to the point of sale to avoid the waiting time required for confirmations. A deposit is converted to a virtual debit card on the app, registered on an exchange platform (PlutusDEX) running on the Ethereum blockchain.

http://www.ibtimes.co.uk/plutus-combines-bitcoin-ethereum-push-contactless-payments-1542463
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