# Commerce - Bitcoin-Accepting Businesses
# NodeZero Funchal

## Architecture
Lightning-powered merchant ecosystem where businesses accept Bitcoin with
on-chain receipts and mesh-verified identity.

## Merchant Categories
- Restaurants & caf6s
- Retail shops
- Hotels & guesthouses
- Healthcare providers
- Education services
- Tourism operators
- Transportation services

## Key Components
- **POS System:** QR code Lightning payments, no banking intermediaries
- **Merchant Registry:** Mesh-verified businesses with on-chain identity
- **Payment Gateway:** Lightning network settlement
- **Treasury Integration:** Bitcoin treasury connection
- **Receipt Ledger:** On-chain transaction records
- **Discovery Service:** Mesh-based merchant discovery

## Payment Flow
1. Customer scans merchant QR code
2. Lightning payment routed via mesh
3. Instant settlement to merchant wallet
4. On-chain receipt generated
5. Transaction recorded on mesh ledger
6. Merchant rating updated

## Integration Points
- Mesh network (payment routing, identity)
- Bitcoin Ledger (settlement, receipts)
- Workforce (worker payments)
- Governance (treasury management)
- Mobility (driver payments)
- Delivery (delivery payments)

## Features
- Low transaction fees (0.1%)
- Instant settlement (no waiting periods)
- Multi-currency support (BTC, USDC, EUR)
- On-chain receipts for accounting
- Mesh verification badge
- Dynamic merchant categories
- Business wallet management
- Automated treasury contributions
- Stablecoin conversion option

## Metrics
| Metric | Target |
|----------|-----|
| Businesses onboarded | 500+ |
| Lightning acceptance rate | 80% of businesses |
| Daily transaction volume | EUR 50K+ |
| Average transaction | EUR 25 |
| Transaction fees per biz | EUR 0.05-0.50/day |

## Implementation
- Phase 1: 100 businesses (core zones A, B, C)
- Phase 2: Full onboarding (all zones, 500+)
- Business wallets on mesh
- POS terminals installed and verified
- Merchant discovery via mesh app

## Future
- Cross-border merchant network
- Smart contract subscriptions
- Merchant loyalty tokens
- B2B mesh payments
- DeFi integration for merchant treasury