Briand’s system also makes everything quicker. One of the biggest pain points for crypto-retail partnerships is the speed; it takes an age for most Bitcoin transactions to go through, and shoppers don’t want to wait. With Briand’s system, however, it isn’t necessary to confirm transactions on the blockchain straight away. It takes under five seconds for transactions to go through, and Briand hopes to hit one second in the near future. And, despite the aging technology, Briand said his solution is secure. The wallet is actually a multi-sig address; when you make a payment, the application sends a signal to the Global P.O.S API, who holds the other key. This, says Briand, prevents double-spending .
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