Plutus.it lets u Tap&Pay using the Blockchain at NFC-enabled terminals worldwide

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2 pointsPLUTUSit2 comments

Very excited about this. Checked out the website but it provides a very broad overview of how this functions. Can you get into a bit more detail? Like settlements etc., or why NFC POS specifically. How else could merchants integrate this etc.

We recently did a reddit Q&A where you can find a lot more about the product and see the community response. https://redd.it/3sabrd

Settlements are done using smart contracts which allows a user and a trader to execute a exchange with out the need of a third party to handle their digital currency. Taking away the risk. A decentralised p2p exchange which powers the app and uses the built in NFC in your device to pay at NFC checkout terminals.

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