The SPUR protocol is integrated in our QUASAR solution for IoT payments and extends the platform’s functionality by also providing for secure, instant payments to non-connected ‘things’.

SECURE PAYMENTS WITH UNSAFE RELAY

In 2017 Quantoz was granted a patent for a protocol enabling Secure Payments with Unsafe Relay (SPUR).

This innovation concerns a technological process for doing electronic payments, consisting of a method based on asymmetric cryptography and using technology standards for exchanging data over short and long distances.

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