Mobile wallet companies are using sound to transmit currency

in cryptocurrency •  7 years ago 

RODENTTT--1024x538.jpg

Here's how Lisnr CEO @RodneyBWilliams plans to use crypto in his firms.

Rodney Williams has a strong opinion on cryptocurrency, as in “don’t put your money in nothing you don’t understand.”

As Williams paces across the stage at Black Tech Week Miami, sound waves pulsate across a screen behind him in a graphic interpretation of his proprietary protocol.

Williams is CEO and founder of Lisnr, a leading resource for data over audio. Lisnr’s low-power data transmission technology enables fast, reliable, and secure communication between devices via any speaker or microphone. The protocol is on track to power more than 100 million devices in 2018, Williams says.

He sells the technology to the biggest audio equipment companies in the world — companies like Bose Corp. — and asks them to apply it across everything they do so their customers won’t have to. Using sound.

“That’s a hard sell,” Williams says.

For the past six years, 80 percent of Lisnr’s demand has landed on its website, including Ticketmaster.

In 2015, Williams co-founded New York City-based SoLo Funds, a mobile money exchange and lending platform that connects lenders with borrowers around the world.

During a question-and-answer session, Williams told the audience at Black Tech Week 2018 how he plans to incorporate crypto in Lisnr and SoLo:

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!