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Offline payment solution for hosting events

Lokaal Pay

by Jongwoo Choi(York)

What is it about?

Offline payment solution for hosting events. If you are an event organizer for private functions, conferences, destination weddings, or festivals where the Internet connection is not readily available or if you simply want to create an enclosed ecosystem, Lokaal Pay provides an ability to create a virtual currency that will last for the duration of the event. Lokaal Pay is powered by a blockchain technology that sends, receives, and validates through a peer-to-peer method. The public ledger of the locally created blockchain provides transparency for the transactions that any participants can view and verify. It's an efficient alternative to the traditional payment solutions that obviates setting up an Internet infrastructure or RFID.

App Details

Version
1.0
Rating
NA
Size
30Mb
Genre
Finance Business
Last updated
April 14, 2022
Release date
April 14, 2022
More info

App Screenshots

App Store Description

Offline payment solution for hosting events. If you are an event organizer for private functions, conferences, destination weddings, or festivals where the Internet connection is not readily available or if you simply want to create an enclosed ecosystem, Lokaal Pay provides an ability to create a virtual currency that will last for the duration of the event. Lokaal Pay is powered by a blockchain technology that sends, receives, and validates through a peer-to-peer method. The public ledger of the locally created blockchain provides transparency for the transactions that any participants can view and verify. It's an efficient alternative to the traditional payment solutions that obviates setting up an Internet infrastructure or RFID.

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