The Bitcoin Box makes offline transactions easy
Bitcoin Box is a point-of-sale system for cryptocurrencies that can process transactions offline. Instead of relying on an Internet connection for transactions to go through, it utilizes NFC and Bluetooth for faster transactions.
Vornberger said Bitcoin Box was inspired by Apple Pay and uses the BIP70 bitcoin payment protocol to directly transmit cryptocurrency from the user’s wallet to a merchant’s server.
Bitcoin Box is said to be compatible with all existing wallets and seamlessly upgrades to the updated BIP70 mechanism. The hardware uses off the shelf components and a Raspberry Pi board, and will be priced at $299 once it becomes available in three to six months time.