PayPal Originally Aimed to Create Global Currency Similar to Crypto, Co-Founder AdmitssteemCreated with Sketch.

in cryptocurrencies •  6 years ago 

PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency that would be independent from banks and governments, similar to crypto. The video of his comments was uploaded to crypto streaming service Bloxlive.Tv on Thursday, Jan. 31.

PayPal, a payment system whose active number of users has surpassed 254 million in Q3 2018, has recently launched a blockchain-based reward system for its employees. PayPal employees are granted tokens for participating in innovation-related programs and contributing ideas, and can exchange them for over 100 “experiences” within the company.

Source: https://cointelegraph.com/news/paypal-originally-aimed-to-create-global-currency-similar-to-crypto-co-founder-admits

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