GMO Internet has announced the launch of Pay@Table, marking the sixth phase of the GMO Blockchain Open Source Software Project (GMO Blockchain OSS).
In July 2017, GMO Internet launched GMO Blockchain OSS, an open-source project enabling real service deployments, in order to foster and disseminate new services based on blockchain technology.
Open source Pay@Table is a program to achieve table payments without the assistance of shop staff when paying at restaurants. If implemented, it would enable the user to read the QR code displayed on the slip with a smartphone and pay the displayed amount (token quantity). The paid amount could be confirmed by the shop by reading the QR code to check the payment status on the blockchain as the customer (user) leaves. The process would lead to lower operating costs and a frictionless user experience.
“Since payment records are recorded on the blockchain, it is possible to verify payment by the user and receipt of payment by the store without the need for a third-party organization,” GMO Internet said.
According to the official release, GMO Blockchain OSS, in collaboration with GMO MAKESHOP, is currently utilizing open source Pay@Table and Region Token to develop the digital regional currency/omni-channel platform, which enables payment with local currency (token) at physical or online shops.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
Digital Currency
GMO Internet enters sixth phase of GMO Blockchain Open Source Software Project
GMO Internet has announced the launch of Pay@Table, marking the sixth phase of the GMO Blockchain Open Source Software Project (GMO Blockchain OSS). In July 2017, GMO Internet launched GMO Blockchain OSS, an open-source …
Updated 2 min read
Related articles
Digital Currency
Hyperliquid Leads Perpetual DEX Trading With $62.581 Billion in Seven Days
The sector’s seven-day volume rose 6.99% from the prior week. Hyperliquid led the reported perpetual DEXs with $62.581 billion traded.
Digital Currency
Matter Labs Asks SEC to Permit Private Execution at Tokenized-Stock Venues
Under its proposal, a smart contract on a public, permissionless ledger would verify a proof for each change to the trading system’s state.
Law
DIFC Courts Propose On-Chain Enforcement for Digital Asset Rulings
Parties would choose a forum before transacting, while the proposal would preserve disputed assets during review.


