TL;DR —
Fraudsters want your credit card number - NEM Catapult To The Rescue! In the last year, the number of skimmers in the state of Florida rose by 27.6 percent. 29 million Americans are pumping gas with credit cards everyday, and an estimated amount of $1 million dollars worth of fraud per skimmer. The solution is a low-cost IoT device equipped with a sensor and smart lock. This device will be able to log the operator who log who log when the pump is opened and which pump was tampered with.
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Written by
@crackthecode
Fullstack developer.
Topics and
tags
tags
blockchain|nem|catapult|smart-contract|developer|iot|business|latest-tech-stories
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