Dutch Start-Up Puts Bitcoins into Google Glass
Published on: 26th Feb 2014
Note -- this news article is more than a year old.
By: Ian Mansfield
Dutch start up EAZE has combined two of the most talked about tech products that are also some of the least used a Bitcoin enabled wallet that works on Google Glass.
A Google Glass user activates the service with the command "OK Glass, make a payment". Glass then scans the QR code of any Bitcoin enabled Point Of Sales (POS) application. The transaction details appear on the display of the Google Glass, and the user then only needs to nod twice to confirm the payment, making it a fully handsfree payment solution.
All deposited Bitcoins in the EAZE wallet are stored in a deterministic wallet, which the user unlocks locally with a passphrase. This wallet exists only in the memory of the user's Glass, so the Bitcoins are never accessible via the server.
Raimo van der Klein, cofounder: "Payments in the future are a combination of software, wearables and gestures. Technology now enables us to create completely new ways to pay. We don't need debet or credit cards to authenticate. Wearables like bracelets, rings and Google Glass can identify us. Authorizing a payment can also be done with simple gestures. With EAZE, we are developing these new ways to pay using cutting-edge technology. "Nod To Pay" is our first service and many others will follow."