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Decentralized subscription payments with cryptocurrency

Descrizione del progetto

Un modo semplice per utilizzare i bitcoin per gli abbonamenti

Il settore delle criptovalute è in crescita. Uno dei principali siti di monitoraggio delle criptovalute, CoinMarketCap, ha elencato più di 2 000 monete. Attualmente, l’utilizzo della criptovaluta è semplice per i pagamenti singoli, ma non per gli abbonamenti. Il progetto AMBRPAY, finanziato dall’UE, si propone di facilitare le transazioni ricorrenti in criptovaluta tramite contratti intelligenti, appositamente creati, che saranno oggetto di interazioni sulla blockchain. I clienti potranno inserire i loro fondi in questi contratti intelligenti dai quali le aziende che forniscono un servizio potranno prelevare la quantità necessaria di criptodenaro. AMBRPAY metterà a disposizione delle aziende un’interfaccia web per gestire i propri clienti e i pagamenti. In definitiva, renderà le transazioni più convenienti e veloci e l’uso della criptovaluta un’esperienza più comoda e semplice.

Obiettivo

There are more than 2000 cryptocurrencies, however they are designed for single use only with push-based payment methods, the buyer initiates the payment. This allows users full control over their funds, since cryptomoney is only transferred to a merchant if a user initiates the transaction. In order for a consumer to use bitcoins for recurring payments, he or she will have to use another service on top of using the bitcoin service. In addition, unlike credit card payments, bitcoin payments are always for a set amount. Some subscription services raise their prices every year, consumers who are already signed up for recurring payments will just be charged the new payment amount as soon as it goes into effect. For cryptocurrency users, it doesn’t work this way. Since all virtual payments must be authorized by the user, any change in payment requires the user to sign up again with their virtual wallet account. Thus, raising subscription prices can be more difficult when dealing with customers who use cryptocurrencies.
ambrpay has found a way through smart contracts to stay true to the crypto ideals of having a trustless system, where each individual is responsible for their own funds. All while making transactions cheaper, faster and the use of your cryptocurrency a more convenient and simpler experience.
ambrpay aims at bringing decentralized subscriptions to cryptocurrency. ambrpay creates and interacts with smart contracts on the blockchain. Customers can put their funds in these smart contracts from which the businesses that provide a service can take the necessary amount of crypto from. ambrpay provides the business with a web interface where they can manage their customers and their payments. ambrpay does not run its own blockchain or currency, can currently only work with blockchains that have the capabilities of running smart contracts (like the Ethereum blockchain). The global payment gateways market demand to grow steadily at a CAGR of around 17% by 2021.

Invito a presentare proposte

H2020-EIC-SMEInst-2018-2020

Vedi altri progetti per questo bando

Bando secondario

H2020-SMEInst-2018-2020-1

Meccanismo di finanziamento

SME-1 - SME instrument phase 1

Coordinatore

AMBRPAY AG
Contribution nette de l'UE
€ 50 000,00
Indirizzo
FORRLIBUCKSTRASSE 10
8005 Zürich
Svizzera

Mostra sulla mappa

PMI

L’organizzazione si è definita una PMI (piccola e media impresa) al momento della firma dell’accordo di sovvenzione.

Regione
Schweiz/Suisse/Svizzera Zürich Zürich
Tipo di attività
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Collegamenti
Costo totale
€ 71 429,00