GoByte

Problem Statement This project is designed for merchants to be able to accept GoByte quickly, easily, and securely. In order to further adoption of GBX we need to make it easy for merchants to accept it as a form of payment. This system will enable them to do so. So far, POS systems were being built using custom hardware, making them costly and less flexible. A new trend is emerging now. Business owners have started using tablets and smart phones as their POS terminals. PlusBit POS is an app based on Android platform, used by merchants and vendors for processing cryptocurrency payments. Make your tablet or smart phone Point-of-Sale (POS) system with PlusBit. 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. Several factors to consider; * PlusBit only generates the 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. * Keeping your private keys offline is always a bonus! * Your wallet may need time to sync. * Unlocking wallet in front of customers is not safe. What are the features? * No need to purchase hardware, convert smartphone or tablet to POS device * PlusBit does not get any fee from TXs. * There is no monthly fee for users. PlusBit is a free mobile Point-of-Sale app. * Supports 32 fiat units. * No KYC. * No registered account * No control of the coins from the POS software * PlusBit does not hold or store your coin ad private key. You have immediate ownership and full control of your money. Advantages for merchants No Fee: With GBX POS, merchants don't need to purchase hardware device. Also, merchants does not pay any mothly/annual costs. Morever, PlusBit does not get any fee from transactions. Completely designed for merchant adoption to accept GBX payments. We make the expense of merchants "ZERO". Security: PlusBit does not store or withhold any funds and private key of merchants. PlusBit does not ask merchant’s private key and money goes directly to their wallet. They have immediate ownership and full control of their money. Also, employees cannot control the coins. Fast: They don't need to wait sync like QT wallet. They get the payments quickly.