In 2017 Quantoz was granted a patent for a protocol which enables 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.
No transaction fees or monthly fixed fees for POS terminals. This also enables micro-payments for micro-services.
SPUR Payments are instant and irreversible. No charge-backs.
Build your own applications on top of the SPUR protocol.
You do not need a bank account or credit card to be able to make or receive a SPUR payment.
SPUR uses asymmetric cryptography, a technology derived from the crypto-currency.
Quantoz is a European technology company with a passion for transformative innovation.
We service open, decentralised concepts with pragmatic solutions.
For this purpose we create and implement blockchain-based applications.