So I have been thinking about investing, but I am concerned with how much bitshares will actually be used by odoo terminals. Is there any data on how many transactions per day in bitcoin are done on odoo? Also, what is the typical profit generated per transaction on odoo? Are there any plans to promote bts use on odoo or is the goal just to get it on the terminals? Also can you break down how the 19k will be spent? Is it licensing fees to odoo or is it more for paying programmers for integration? How difficult is the integration and what are some of the biggest challenges?
Bitcoin is available as an add-on App with Revel (a competitor to Odoo (
https://revelsystems.com/ipad-pos/bitcoin-integration)), but has received little fanfare in the research that I did when I was finding the best systems to get us integrated with.
I want Revel to wait a bit more before I approach them with our Smartcoins POS solution which will also support the Blocktrades bridge (which allows the merchant to accept Bitcoin, LTC, Doge, Dash, PPC, etc) - (That is a huge community who would love for our POS systems to also offer their coins!) Once we have the first 3 case studies rolling, we will use them as the example to close the deal for all of Odoo's competitors. Odoo will be first to market with this which is huge. Once Revel and others see that the volatility issue has been taken care of with Smartcoins, our "sell" is going to become much easier over the coming months.
As for transactions per day, their profit etc, I do not have access to that data. I do foresee us beating Visa and Mastercards fees substantially however, which after a while will make it much more attractive than credit cards. Smartcoins are the shit, the bees knees, it's a no-brainer for merchants once they see the benefits to offering them, ie:
https://www.youtube.com/watch?v=YZw950LCifY&index=3&list=PLjbx3qSmDe7T2LvQ5VQVm5zbiXYXsEsbp As for promoting Bitshares use on Odoo, we have a 3 part plan for that:
- Develop the app first and get it marketed. We have a coffee shop, a brewery and an electronics retailer chain who are already very interested in this as well. They (and probably others..! *hint hint*) will serve as our Case Studies.
- Develop the module for core Odoo integration (so it is installed by default)
- Utilize Odoo's existing marketing efforts. They now have a massive value-add to their core products.
The 19K is the exact number that we need to finish the mobile wallets (android, iOS, windows, and hopefully Blackphone 2) and get the Smartcoins POS for Odoo finished (hopefully by March). As it looks right now, we are at about 10K of that 19K just in the first couple weeks so we are nearly there. We took quite a hit when that whale pulled out the other day but it is recovering again nicely now.
All of my Devs are strategically located around the world. I keep a decentralized team for a number of reasons. I always use escrow and they must meet specific milestones before they are paid. I have been working with some of my Devs for many many years and they always strive for more work from me, so rest assured I have the best team money can buy. They don't whine about vacation time, or benefits, they just work their asses off and get the jobs done on time and on budget.
Difficulty? In over 20 years of outsourcing, I have never been confronted with a job that I could not complete on time or within budget. POS integrations and mobile wallets are no different.
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