Tag Archives: payments

Brian Armstrong, CEO of cryptocurrency exchange Coinbase, has recently secured a patent for sending Bitcoins via email. Initially filed in March 2015, the patent was finally rewarded this week on Tuesday, December 17.Basically, the patent describes a method for cryptocurrency payments by linking the email addresses to their corresponding wallet addresses. Once the sender makes a request to send crypto payments to an email address, the system automatically sends the desired amount.Note that...

Supply chain fintech startup Tradeshift Frontiers, famous for advertising more than two million companies on its platform, said it has cut the cost of cross-border transactions between buyers and suppliers utilizing public Ethereum blockchain.Last year, Tradeshift startup managed to raise $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). That brought Tradeshift’s total funding to more than $400 million. The company...

Thanks to Unlock’s solution Forbes can now charge a tiny fee per 7 days of ad-free reading. You can also buy 30 days of reading the website without seeing the hateful banners. Subscription is available through the MetaMask, Opera or Coinbase. The first option allows buying one week of reading for ~0.0052 ETH. If you want to buy the monthly subscription, you will have to send out ~0.02 ETH.A main feature of the offer: it appears only in the crypto dedicated Forbes section. If you read some...

Adyen, an outstanding payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments, has partnered with the global fast-food chain McDonald’s. Within Adyen’s deal with McDonald’s, the latter will use the Adyen platform to receive and process payments made in McDonald’s mobile app.As Bloomberg has reported, in the future, this option will be available globally. The UK will be the first country with this initiative implemented in the first quarter of...

Blockchain networks have been plagued by slow transaction speeds and limited block times since their inception. Although many projects have tried to increase the transactional capacity of blockchain networks, there have been few functioning solutions that do not compromise on security or decentralization as a result. Solving the issue of scalability is essential if blockchain-based payment networks are to compete with traditional payment processors, such as the Visa network, which can process...

Libra is often touted as the Facebook cryptocurrency, but according to Alex Karasulu – CEO and founder of OptDyn – this isn’t necessarily true.Alex Karasulu: Libra Better Than PayPal?In a recent interview, he seeks to answer questions regarding Libra and clear up some of the “myths and legends” that surround it. For example, he comments that Libra will not necessarily be a cryptocurrency in the way bitcoin, Ethereum or Litecoin is, but rather it will be a payment system much like PayPal. In...