New Way for Payments

The next major breakthrough in information technology is the advent of Virtual Reality, Augmented Reality and Mixed Reality. This has many people wondering how companies in this field, such as Magic Leap, will be acting as a portal into worlds within our world. This would allow for unique inputs to your visual system for an unparalleled experience.

With the release of Magic Leap One Creator Edition, the race is on as startups focus on building apps that extend our abilities to interact with our environment and create next-level experiences.

Element Zero is working to bring the world’s first blockchain wallet to the Magic Leap platform. With the new Element Zero CartBox app, users will be given an easy “drag and drop” feature to send and receive payments between wallets, using the EZO coin or other stablecoins created using the Element Zero platform.

The Element Zero CartBox app is an upgrade solution for third-party vendors such as Amazon, eBay, PayPal, or even debit cards. The value exists in each user being able to save goods and services to their CartBox to be purchased or removed at any time, without having to stay and check out at an actual store. The approval for the buy, at some point, may even take place by retinal or fingerprint verification, making typing passwords, giving signatures, and scanning wallet addresses obsolete.

The CartBox wallet can also work in a web environment without any glasses or virtual environment. Once a vendor tags their products, the user only needs to drag and drop it on to the Element Zero CartBox. This is a simple, easy action requiring no registration or signature. In addition, no payment details will be revealed to the vendor. The advantage to this system for vendors is the dramatic improvement of their conversion rates and thus, their profits.