How Blockchain Can Disrupt the Payments Industry? Will it Be the End of PayPal?

  • In an effort to re-instill trust in payment transactions, world’s first Blockchain solution UTRUST aims to bridge the gap between consumer and seller trust online.
  • In fact, UTRUST hopes to implement the world’s first cryptocurrency consumer protections into its platform to ensure that the consumer protection are in place especially for transactions usually plagued with fraud such as traditional online purchases, acting as a mediator, resolver of conflicts, enabling the possibility of refunds to mitigate risks and fraud, while shielding the merchant from cryptocurrency market volatility.
  • In its partnership Swiss Blockchain incubator, Crypto Valley, the company aims to champion online trust and implement consumer protections on a mass scale, building up a global payment system that is very similar to that of PayPal but benefiting from Blockchain endless advantages.
  • Backed with their experience in fintech and Blockchain, the Switzerland-based company has created a new way of online payment where people can trade in cryptocurrencies ensuring that every transaction is secure for everyone involved by providing innovative purchase protection mechanisms in place.
  • UTRUST and Crypto Valley agrees in one mission, and that is to ensure the interest of both the consumer and merchants’ by creating a secure cryptocurrency platform.

Around 1.2 million dollars worth of online business transactions are done every half a minute, according to AdWeek. Out of those transactions, retailers …
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Internal dispute could mean financial panic in bitcoin

  • Got some bitcoin?
  • In particular, some bitcoin “miners,” who are rewarded for verifying transactions, aren’t supporting the changes.
  • Any split between miners and others who use bitcoin, including a number of startups and a few big companies, could cause a panic in the $39 billion bitcoin marketplace.
  • So far, bitcoin’s value in U.S. dollars has soared amid the uncertainty.
  • But bitcoin is notoriously volatile; because the price spiked so rapidly, it also fell quickly, and bitcoin has lost about a quarter of its value since its peak in June at above $3,000.

An internal dispute over bitcoin digital currency could soon mean financial losses, whipsawing prices and delays in processing payments.
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Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding might just be the next step in startup evolution, helping important and interesting projects come to fruition.
  • This allows them to raise funds from early investors, while the investors also have the potential to make money if the value of their cryptographic shares increases.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.
  • OpenLedger is one of the numerous projects that are popping up to apply blockchain technology to the field of crowdfunding.
  • CCEDK will hold the money in escrow, which allows companies to access much-needed funds and also reduces the risks for investors.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
Continue reading “Crowdfunding & Blockchain: A Perfect Match?”

Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding might just be the next step in startup evolution, helping important and interesting projects come to fruition.
  • This allows them to raise funds from early investors, while the investors also have the potential to make money if the value of their cryptographic shares increases.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.
  • OpenLedger is one of the numerous projects that are popping up to apply blockchain technology to the field of crowdfunding.
  • CCEDK will hold the money in escrow, which allows companies to access much-needed funds and also reduces the risks for investors.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
Continue reading “Crowdfunding & Blockchain: A Perfect Match?”

Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding might just be the next step in startup evolution, helping important and interesting projects come to fruition.
  • This allows them to raise funds from early investors, while the investors also have the potential to make money if the value of their cryptographic shares increases.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.
  • OpenLedger is one of the numerous projects that are popping up to apply blockchain technology to the field of crowdfunding.
  • CCEDK will hold the money in escrow, which allows companies to access much-needed funds and also reduces the risks for investors.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
Continue reading “Crowdfunding & Blockchain: A Perfect Match?”

Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding works by allowing startups to create their own digital currencies and sell them.
  • Stratis Raised Over $100 000 Through Blockchain Crowdfunding
  • Stratis turned to blockchain-based crowdfunding to acquire the much needed funds.
  • The cryptocurrency tokens will be accounted for and kept track of by the blockchain, which makes it immutable and impossible to forge.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
Continue reading “Crowdfunding & Blockchain: A Perfect Match?”

Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding works by allowing startups to create their own digital currencies and sell them.
  • Stratis Raised Over $100 000 Through Blockchain Crowdfunding
  • Stratis turned to blockchain-based crowdfunding to acquire the much needed funds.
  • The cryptocurrency tokens will be accounted for and kept track of by the blockchain, which makes it immutable and impossible to forge.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
Continue reading “Crowdfunding & Blockchain: A Perfect Match?”