Dozer

Real-time Bitcoin cash out

Las Vegas

53 Views

Technologies Used

python/django/django-rest-framework
Blockchain
iOS

Project Team

Henry Tsai
Kevin Soong
Designer
Alice Cheung
Entrepreneur
Cathy Cheung
Developer

This team is looking for

Product Manager Investor
REQUEST TO JOIN

About

Dozer is passionate in improving customers’ experiences in using Bitcoin. We offer a more convenient and faster way to cash out Bitcoin. We limited the amount of Bitcoin that can be cash out within a timeframe (ie. 10 mins), depends on our cash pool. In this way, we can ensure that customer can always get the money. Product Flow: 1. Users need to register an account in Dozer and a BlockChain wallet. 2. Every 10 mins, Dozer will allocate a certain amount of money for user to cash out and customer can input the number of Bitcoin that they want to cash out. 3. Since the cash out pool is limited, Dozer has implemented a bidding system for customer to bid for their "Cash Out Rate" (The % that they will pay Dozer). The higher bidder will get the pool. 4. Once the pool is allocated to a customer, Dozer will use "BlockChain Wallet" API to transfer customer's Bitcoin to Dozer's Wallet. 5. Within 1 hour, Dozer will verify the recipient of Bitcoin and initiate a bank ACH transfer to customer their money. (Transfer Time varies by bank hours) **Lastly, Dozer will cash out their Bitcoin in an economical way and then put the cash back to the pool. Currently available in US, plan to expand globally.

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