Oxford secure payments spin-out OxCept switches gears towards peer-to-peer mobile payments.
Oxford spin-out OxCept is to put its focus on secure peer-to-peer mobile payments, the university’s tech transfer unit Isis Innovations has revealed.
The mobile payments app developer was launched in November last year with over £1m in funding from both UK and US militaries. Its primary product, also called OxCept, uses military-level cryptography tested by the UK’s Ministry of Defence and peer-reviewed by other UK universities.
At OxCept’s core is a technology which is purely software based which allow users…