Yesterday was superblock day in PIVX and one proposal in particular caught my eye, it was from a developer called kodaxx.
Kodaxx is very well known and highly respected developer within the crypto community and he has recently brought his talents to the PIVX project.
What is Pivit POS Terminal?
Pivit is a free mobile point-of-sale app designed to run on mobile platforms (Android, iOS), desktop platforms (Linux, macOS, Windows), and standalone hardware terminals. This project is designed for merchants to be able to accept PIV quickly, easily, and securely. In order to further adoption of PIV we need to make it easy for merchants to accept it as a form of payment. This system will enable them to do so.
Why use this instead of a mobile wallet?
One of the main reasons a merchant would use this app over the standard mobile wallet would be to have an experience they are familiar with. It has been designed to be very closely related to credit card processing machines in this respect.
The main reason however, besides ease of use and familiarity, is the fact that this terminal is not a wallet. In fact, it only generates the address and payment requests to a wallet that the merchant controls on a different machine. This means that there is no control of the coins from the POS software. This situation works especially well when you have employees that may access this machine as well.
Plus, keeping your private keys offline is always a bonus!
What are the features planned for this release?
-Works on Android, iOS, Mac, Windows, Linux
-Compatible with Trezor/KeepKey/Ledger Hardware Wallets
-Generate a new account on first run. Customize store name, create backups, etc.
-Enter sale amounts in your local currency and have them converted to an amount in PIVX using http://coinmarketcap.com exchange rate
-A QR code payment request is generated with your receiving address, sale amount, store name, and 'use instant' for your customers to scan
-Unique addresses are used for every sale that are a part of your HD wallet. One private key
-Get an on-screen notification when the requested amount is received at your address
-Detects partial payments and allows multiple parties to pay the total amount owed
Are there features planned beyond this release?
-NFC touch-to-pay with mobile phones using PIVX mobile wallets that support this feature
-Offline payments system using plastic EMV-type cards for customers
-Ability to have payments converted to fiat instantly
please remember that the OFFICIAL PIVX Steemit account is looking for experienced Steemians to help manage our account,
register you interest here:
Find out more about PIVX at our website here
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Great news! I am a long time PiVX investor. Will this be coming out in the next quarter or year?
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Serious question, do you think PIVX will beat DASH to a fully functioning POS platform?
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Those are some great news! :)
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you mention you were looking for steemians to help manage this account? i do video, screencast, reviews, podcasts etc. is this a paid position?
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This is great! Would love to see some simple interaction in the world with PIVX :)
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Good points in this article. Same thoughts here. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. Besides coinmarketcap.com there is: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/PIVX#analysis To watch PIVX Investment research report.
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