11. The Proxibity Advantage
• Pay with crypto currencies
• Platform agnostic
• All beacons
• All devices
• All platforms
12. Bitcoin + proximity SDK
• The estimote SDK exposes methods to range
and monitor beacons
• The Bitcoin SDK exposes payment and multi sig
API requesting exposed
proximity discovery
bitcoin contract
13. Proxibity Payment : how it
works- Phase I
• Generate proximity key
!
• App pushes a notification, user accepts
!
• User is taken to the payment screen on
the bitcoin wallet app.
14. Proxibity Payment : how it works- Phase II
Contracts
• Generate proximity key
• App pushes a notification, user accepts.
• A crypto contract is generated with the users funds. This can be
time based, or event based. These contracts are similar to an
escrow.
• For example if it is a hotel booking, the contract can be
redeemed by the merchant upon users exit.
• In an event based application, the contract can be based on the
user exiting the event venue. A contract ensures that both parties
are protected. In case the user, wants to cancel the contract can
be cancelled by the user, but it will come as a dispute to the
proxibity team. And has to be approved case by case.