Payments Firm Backs ‘Crazy’ Offline Bitcoin Transactions Experiment

By June 30, 2015Bitcoin Business

note, children As an Internet-based payment system, most bitcoin transactions today necessitate that users are online or otherwise can print and exchange private keys.

However, Romanian mobile payments provider Netopia mobilPay is now backing a proposal that strives for a middle path. Called OffCoin , the proposal is for a system that allows microSD cards in mobile phones to generate, store, transmit and delete bitcoin private keys.

In effect, OffCoin would be capable of moving digital […]

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