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Looking ahead, there will be more and more cryptocurrencies like Libra. Different brick-and-mortar retailers or e-commerce companies may form different alliances and then use blockchain technology to issue their brand tokens.
However, due to information security reasons, the current IoT payment solution could only operate in a closed environment. It means that the machine and the mobile wallet app should belong to the same owner. This constraint largely limits the flexibility of the business model.
With our BLE SoC-based solution, result in low implementation costs. Parameterized software in Cloud and firmware enlarge it to more different scenarios. No need for internet connection in the merchant side also reduces the error rate and operation cost.
Putting all these things together, we create an open and high secure IoT payment platform that supports multiple wallet apps, multiple cryptocurrencies, generic hardware interface, and various payment scenarios.

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