payment system

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Paribus: Climbing Every Mountain.

Less than a year ago in a small town in Switzerland, there was hope and optimism that crypto was finally breaking into the global financial system and a bright future awaited. That small town is Davos, home to the annual meeting of the World Economic Forum (WEF). This year the mood is far less optimistic as the ongoing FTX saga continues to cast its long shadows across the conference. Crypto is still represented along the Promenade, the road outside the main convention center, however this time it’s more heavily focused

XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry

PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services. Whilst aiming to challenge existing technology such as Klarna, ClearPay/AfterPay. This will allow consumers to be able to ‘buy now, pay later’ which is an almost first in the entire crypto industry. The XRPayNet app currently under development promises just that, a world class

DSFR: Transforming retail and eCommerce sector using blockchain technology

Blockchain technology has been revolutionary in different sectors of the global economy, including finance, education, supply management and health. In addition, the innovative concepts of cryptocurrencies and their efficiency in creating fast, cheap cross-border transactions have expanded the potentials of blockchain technology.  The retail industry is a billion-dollar industry that has largely been unaffected by the impact of blockchain technology, despite the wide popularity of cryptocurrencies. However, an innovative blockchain platform, Digital Swiss Franc (DSFR), is looking to change this by modernizing the retail sector.  An innovative blockchain protocol  Digital

Ripple Partners With Bhutan To Pilot CBDC Project

Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise blockchain and crypto solutions for cross-border payments announced this partnership on Wednesday. There was also a Twitter announcement to this effect. “Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary

Key Takeaways: House Bill 7425 on Taxing Digital Services in the Philippines

Share some Bitpinas love:By Shiela BertilloThe House of Representatives on Tuesday evening approved a bill that would impose a 12% value-added tax (VAT) on digital service providers in the country.House Bill No. 7425 was approved with a voting of 167-6 with one abstention on the third and final reading; the bill is meant to amend sections of the National Internal Revenue Code of 1997 and parallel the level between traditional and digital businesses.The proposed VAT shall also cover electronic or digital sale of services such as online advertisements and provision

Hub Star: Take control and generate value from personal data

TRON has grown in its popularity as a blockchain that is flexible and adaptable for users and developers alike. TRON supports smart contracts such as Solidity using protobuf. While there has been significant growth in smart contracts on the TRON network NFTs are also finding their ground on the blockchain. Some NFTs on TRON have been listed for more than $135K while others are being sold for as much as $620k. While decentralization and blockchain have helped developers and users to bring innovation to sectors ranging from healthcare to real

Regulations Need to Facilitate Crypto Demand, Says Brazilian Central Bank President

Central Bank of Brazil President Roberto Campos Neto believes local regulations should facilitate investors’ demand for cryptocurrencies.Sponsored Sponsored “This comes out of a need that people have for payments to be very fast, open, secure, and have transparency in every sense,” Campos Neto said on Thursday at an event organized by Council of the Americas. The Central Bank President is confident that cryptocurrencies will have as large a role to play as instant payment platforms. Order and progress Campos Neto has made a concerted effort to enhance the technological savvy

Switzerland blockchain company bitcci set to become a leading stakeholder in the blockchain industry

The blockchain industry has grown into a multi-billion dollar industry with hundreds of companies offering different services. The success of these companies has been based on building innovative products in different sectors.  Switzerland blockchain company bitcci is set to become a leading player in the crypto industry with its innovations within the escort industry. A complete ecosystem  bitcci is a blockchain company launched in 2017 by Christoph Elbert and consists of a group of public stock companies. Since its launch, bitcci has developed an ecosystem that promotes transparency, innovation, and

NuGenesis Network Full Review (Part 2)

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology

Amazon Is Hiring For Digital Currency and Blockchain Expert

Blockchain News Amazon is hiring for an experienced Digital Currency and Blockchain Product Lead. This indicates that the company is now taking a serious look at cryptocurrency usage these days. The Digital Currency and Blockchain Product Lead expert must have experience in cryptocurrencies, central bank currencies, and more. According to a recent job posting, an online marketing giant Amazon is looking to hire a Digital Currency and Blockchain expert. Of note, the company intends to add the new hire to its payment team. Based on the report, this showcases that

What is Flexa Coin? A Guide to FXC Token

A look at the Flexa project, its background, history, and its native asset, Flexacoin. We will also talk about its underlying protocol, as well as its role in the Decentralized Finance (DeFi) field. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Built on