A decision has been made by SDK.Finance as an effort to improve the efficiency of the payment process by using the Oracle Blockchain Platform. The VP of Blockchain Development Platform, Oracle, Frank Xiong then described “change the future of digital payment processing, improving the user experience, security, speed, and cost of each payment dramatically.”
CoinGate have shared big news to the XRP Community that Ripple (XRP) is now listed on its payment system which allows the users to utilizes their XRP across 45000 merchants. The Spokesperson of XRP, explained, “we need to diversify the validator ecosystem to increase resiliency and robustness, this will lead us to become globally adopted digital asset for payments.”
The financial regulators in Poland have granted two cryptocurrency firms in the country with the payment license which will allow the registered payment provided to offer a variety of payment services and solutions. The two firms granted are Coinquista and Bitclude which are offering crypto-related services such as exchange platforms, digital wallets etc.
A cryptocurrency payment provider Coinify have added the support for BitcoinSV (BSV), confirmed in its press release. The CEO of Coinify, Mark Højgaard then commented, “Virtual currencies need to have widespread merchant adoption to really ignite on a mainstream level, and we believe that the simplicity and flexibility of our payment product range make this possible.”
A partnership has been established between a blockchain company, Terra with Mongolia’s capital city of Ulaanbaatar in introducing the country’s first ever blockchain payment system. The co-founder of Terra, Daniel Shin commented, “Facilitating P2P and recurring utility payments with Terra are important first steps towards building a blockchain-based financial infrastructure in Mongolia.”
A cryptocurrency and bitcoin payment company to receive a cryptocurrency license which allows them to provide the service of exchange a virtual currency against fiat currency and providing a virtual currency wallet service in Estonia. SpectroCoin explained, “These two licenses help SpectroCoin to avoid possible deterrents to crypto innovation since compliance is constantly changing in this field.”
CoinText.io has recently launched its SMS cryptocurrency payment service in the Philippines which will allow the users to perform the bitcoin cash transaction via text message without the internet service. This will help the high number of a smartphone user a poor banking system to use crypto-asset as well as accelerating the adoption of digital currency.
OKEx has recently launched OKEx Piggy Bank which will be made available for all the users in its exchange. In the announcement, OKEx confirmed the Piggy Bank operation, “will start accruing on the second day of sending funds into OK PiggyBank after 5 pm. And you will be able to receive your return on the third day after 5 pm.
Wealthfront, SEC-Registered company,that they now support Coinbase Accounts and Wallets. Then explained, “We want to help you optimize and automate your finances to ensure you reach your unique financial goals. To achieve that vision, we need to incorporate a comprehensive and constantly updated view of your finances. That’s why enhancements, like our new integration with Coinbase, are so important.”
A payment business and subsidiary of Coineone, Coinone Transfer have successfully introduced the first blockchain-based remittance mobile app and web service in South Korea. The new mobile app and web services called Cross and claimed to offer a faster and lower cost payment to Thailand and Philippines which will benefit approximately 200,000 immigrant workers.