Transacting Bitcoin Via NFC

By Doug

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BitFlo is a point-of-sale and ATM app that enables users to pay for merchandise and services with Bitcoin via a secure Near Field Communication credential and mobile device. Customers are given a secure NFC credential that requires a PIN entry for every transaction. After entering the PIN, a merchant receives payment notification through its cloud-connected device. Hear how the open-source technology behind the app integrates NFC with the Bitcoin infrastructure to create a secure and offline-capable payments solution. Learn how charitable and nonprofit organizations could use BitFlo as a solution for distributing humanitarian aid to catastrophe-stricken areas in which traditional financial infrastructure has been ineffective.