THELOGICALINDIAN - MerchantCoin Vision by Example
Earlier this ages MerchantCoin appear their whitepaper. The afterward book is included in the cardboard and illustrates the MerchantCoin eyes for a customer and agent in the bartering area who use the MerchantCoin ecosystem.
“A Consumer is browsing the internet, gluttonous to buy a new sports watch. Finding a abundant accord and agreement it in the arcade cart, he discovers that the Merchant accepts PayPal, Visa, Amex, XMC and BTC. Opening his mWallet, he discovers that he has abundant crypto bread but not in a distinct currency.
On the mGateway, he exchanges some XMC for abundant BTC to accomplish his antithesis ade- quate for the purchase. A few clicks later, the adjustment is accepted and the sports watch is on its way.
The abutting day, he discovers that his mWallet’s XMC antithesis has risen, absorption the accolade for administering his acquirement application BTC. After still, he notices that his mWallet con- tains the chump adherence credibility beatific by the Merchant for arcade at his store. He makes a aftereffect access in his agenda to analysis the Merchant’s armpit for account on redeeming the points.
The business buyer notices that a new adjustment for a sports watch was purchased in BTC, calm with addition 24 BTC-denominated orders accustomed that day. The abutting morning, while sipping her latte, she notices that the store’s mWallet has aloof accustomed added XMC brief as a accolade for the BTC purchases austere the day before.
On a approved basis, she reviews the BTC affairs and distributes Adherence Credibility to her customers. Then she uses the mGateway to acquirement added adherence credibility with the XMC in the store’s mWallet.”
Learn added about MerchantCoin in this abbreviate Bitcoinist article.
Photo Source: MerchantCoin Online
