IoT Pay is Point-of-Sales devices which is connected with blockchain infrastructure. Based on NFC transaction, this PoS enables users to carry money in NFC card or NFC enabled devices to perform transaction in closed loop environment. This product first demonstrated at DCBHackathon on 9 Nov 17 in Pune, India.

1. IoT Pay
….Blockchain Backed Point-of-sales
Rajesh Kumar

2. Problem Statement
• Payment instruments are exposed to threats.
• No fair & time consuming process for fund distribution on sales of
product or services investment.
• Dependencies on bank & infrastructure for small payments.

3. IoT Pay
- Less exposure to financial threats.
- Funds given to user are given on NFC
card.
- These cards interacts with Point-of-sales
for transactions.
- Smart-contract enables the real-time
disbursement of % sharing on investment
- PoS enables for offlineclose loop
payment system

4. Team
Rajesh Kumar (12+ Yrs)
• Founder, AITC & Brainy IoT
• Total experience on enterprise
solution implementation on
Access Governance & SIEM for
Bank & Healthcare
• Team of 15+ serving Canada,
Germany & UAE
• Focused Area on Enterprise
Solutions, Healthcare
Integration, Access
Governance & Industry 4.0
• Solution on FinTech on IoT
Anurag Sharma (8+ Yrs)
• Javacard Payment solution,
Fintech, Uicc, Cryptography,
EMV
• Expert in Javacard Applet
Development
• Enterprise Payment Solution
end-to-end on hardware
interfaces like PoS
• MIFareDESFire application
• Working with MNC in
Payment Domain
• Working with Aritel
Payment Bank Ltd
• Building consumer &
merchant apps
• Payment Apps & Terminal
Interfaces
• Hardware & Mobile
Interfaces
• Blockchain Beginer & NFC
Integration
• Software Dev on Java,
Javascript framework
Chetan Sharma (5+ Yrs)

5. Product Demo
POS Terminal Mobile Interface

6. Tools & Methods
Hardware
• NXP’s Desfire Card for Anti-
collision
• AES & CMAC along with ECC
Signing
• NFC Contactless Card
• HID Omnikey KeyAuth Card
Software
• Blockchain: Ethereum &
Web3j.io
• Ionic Framework
• Java Swing Framework for POS
Development

7. Product Roadmap

8. Marketing Strategies
• Inclusion of India Chain
• Loyality Platform Based on Blockchain Transaction as CryptoCoins
• Multi-Bank, Multi-Chain Integration

9. Thanks!
IoT Pay