PayPal Is Looking For A Faster Cryptocurrency Payments Technology
Paypal is currently seeking a way to boost the speed of crypto payments, and files a newly-released patent.
Published this first of March 2018 by the US Patent and Trademark Office (USPTO), the patent application entitled the "Expedited Virtual Currency Transaction System" aims to narrow the transaction time for payments made between a merchant and a consumer.
The method is by which private keys are swapped from a purchaser to a seller behind the scenes.
To make it possible, PayPal proposed a process to create secondary wallets having their own unique private keys for sellers and buyers.
The system will transfer private keys that corresponds to the exact amount of any given cryptocurrency.
Ukraine's Leading Pawnshop Network Is Launching Cryptocurrency-Secured Lending Service
With more than 300 branches, the Ukraine's leading network of pawn shops, Skarbnytsya is launching a new lending service with loans secured by digital currency.
The pawnbroker plans to provide loans based on the amount, type and price of cryptocurrency collaterals.
The move to implement this project is due to the fast development of cryptocurrencies and blockchain worldwide.
This project will allow their clients to use the money and receive income from the growth of digital currencies in the future.
Skarbnytsya, aims to make the process of obtaining cryptocurrency-secured loans as simple as possible.
Headlines for the world of Cryptocurrencies - March 04, 2018Uber Co-Founder Revealed A New Cryptocurreny, Eco / The Upstart MMA promotion Primal FC Plans to Pay Fighters In Bitcoin |
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Headlines for the world of Cryptocurrencies - March 03, 2018One Of South Korea's 'Big 5' Bank Has Completed Ripple Remittance Trial / Sixteen Japanese Cryptocurrency Exchanges Are Forming a Self-Regulatory Body |
Headlines for the world of Cryptocurrencies - March 02, 2018Newsstands In Australia Now Sell Bitcoin and Ethereum / Germany Will Not Tax Cryptos Used To Make Purchases |
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