CashTags - BitcoinCash tags that maintain fiat exchange rates

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Avatar for jimtendo
2 years ago
Topics: Bitcoin Cash

https://tags.infra.cash

https://www.reddit.com/r/btc/comments/qrky2p/cashtags_bitcoincash_tags_that_maintain_fiat/

This service generates printable QR Codes (Payment URLs) whose value amounts can be specified in fiat (e.g. USD). When a user scans these QR Codes/Payment URLs into their wallet, the fiat amount specified is converted to its BCH equivalent using Coinbase Exchange Rates.

This helps mitigate BCH price volatility relative to fiat. If $1USD is the amount specified on the QR Code, this will always be converted to its BCH equivalent at the time the user scans it, meaning that in real-life self-serve scenarios the QR Codes will not need constant reprinting.

Some examples of where this may be useful are given below:

Market Stalls

A QR Code could be printed and attached to each product, allowing customers to self-serve.

Beer Fridge

A QR Code could be placed on a fridge encouraging beer-bandits to reimburse the cost of the beer(s) they stole.

Bills

A QR Code could be placed on a bill with Webhook+Metadata to allow payment in BCH.

See site for more information:

https://tags.infra.cash

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$ 2.97
$ 2.87 from @TheRandomRewarder
$ 0.10 from @nomadghada
Avatar for jimtendo
2 years ago
Topics: Bitcoin Cash

Comments

That is actually awesome and one of the best innovative solutioning to a real world problem hindering adoption.

Kudos to the developers 👏👏👏👏👏👏

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2 years ago