Jun 17, 2018
A transparent and scalable blockchain powered crypto-payments network.That enables transactions to be as easy as paying with a contactless card/phone. That offers price protection against cryptocurrency market volatility to both Shoppers and Merchants.That is cheaper for the merchants and shares its revenue with the customers.
Differentiation: It is stated in the whitepaper that the organization has four patents (provisional) that have been filed with OP Australia and USPTO. TillBilly is developing a plug-and-play POS terminal which merchants allows merchants to easily adopt cryptocurrency as a payment option. The platform will have in-app marketing options and allow shoppers to easily collect loyalty rewards.
Market Penetration Potential: It will be challenging to provide a viable, widely accepted POS solution considering the high number of competitors. Even with a functional prototype, the success of the organization is uncertain.
Solution Advantage: The POS terminal is “plug-and-play”, making it simple for merchants to adopt the solution. The platform aims to provide a simple means to obtain a digital receipt. Notable advantages compared to direct competitors are not significant.
Long-Term Vision: The platform aims increase the adoption of cryptocurrency as a payment option. The project is somewhat limited in scope and does not adequately differentiate itself from its competition. Thus the long-term vision of the organization with respect to its competitors is unclear.
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