ErgoPOS

Bring Business to ERGO Blockchain

Introduction

ErgoPOS is a mobile and convenient checkout payment system solution that includes hardware, software and ecosystem. It is mainly composed of the components below:

1. Cashier system

2. Ergo payment system

3. Ecosystem

4. Terminal

Cashier System

● Allow you to set different prices for your different customers;

● Allow you to manage your customer data and product data;

● Allow you to print receipts and invoices; and

● Support the tax code and tax rate of different countries.

Ergo Payment System

● Support ERG (native token of Ergo Platform) and SigUSD (an ERG-backed algorithmic stable coin in the Ergo ecosystem) as payment currencies; and

● Support other current mainstream cryptocurrencies in the market including BTC, ETH, USDT, USDC, ADA, DOT, etc.

Ecosystem

A platform and API will be provided for interfacing with local service providers so that the users of ErgoPOS will be capable of paying for utilities, insurance, mobile top-ups, etc. in ERG or other cryptocurrencies supported by ErgoPOS. Furthermore, we are also seeking for cooperation with some dApps in the Ergo ecosystem to provide micro-loan, micro-investment and fiat currency exchange services. Such dApps may include Ergolend serving as a P2P lending platform on the Ergo blockchain, ErgoDEX serving as the first eUTXO cross-chain DEX on Ergo and Cardano networks, and ErgoPad serving as a launch platform for offering token IDOs within the Ergo ecosystem, etc.

Terminal

● Equipped with Android system

● Provided with a 58mm wide thermal printer function

● Featuring a camera head that can scan QR codes

Markets and Issues

As blockchains are becoming increasingly common and cryptocurrencies are gradually going into the real life, the point of sale (POS) system will play an important role in the consumer market because the POS system is one of the systems that almost everyone must use and participate in and all kinds of receipts and bills are around you from the moment you were born.

However, there are very few POS terminals that support cryptocurrencies in the market. Do you know who are the big players behind those POS terminals that support Visa/Master? You answered correctly, yes. They are the mainstream banks of each country. These centralized financial institutions will never enable their POS terminals to accept decentralized cryptocurrencies.

Vision

We have a simple vision, that is, we hope to develop and popularize cryptocurrency payment through our efforts so as to enrich the Ergo blockchain ecosystem. This will also potentially bring good returns to our team and $EPOS holders.

Generally speaking, we really want to see such a scenario that one day you wake up and go to the street to buy some bread and milk with your Ergo wallet.