Merchants and users can use PotCoin to simplify payments, record business processes, and address security issues
PotCoin is the simplest way to exchange money at low cost.
PotCoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive PotCoin payments is to display the QR code in your PotCoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).
PotCoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, PotCoin can give you control over your money and a strong level of protection against many types of fraud.
PotCoins can be transferred from England to Australia in 10 minutes. There is no bank to slow down the process, level outrageous fees, or freeze the transfer. You can pay your neighbors the same way as you can pay a member of your family in another country.
PotCoin allows you to send and receive payments at very low cost. Except for special cases like very small payments, there is no enforced fee. It is however recommended to pay a higher voluntary fee for faster confirmation of your transaction and to remunerate the people who operate the PotCoin network.
With PotCoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with physical money. You should however take note that some effort can be required to protect your privacy.
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