Blockchain
Leading crypto payment processor CoinsPaid is ready to re-haul DeFi
2021 was an explosive year for the crypto payments market. More and more businesses are discovering that accepting Bitcoin can reduce payment costs by 80%. How? Let’s hear the explanation from the team of CoinsPaid.
How a good crypto payment processor can transform a business
With over 4.8 billion euro’s worth of crypto handled in 2021, CoinsPaid is one of the world’s biggest cryptocurrency payment processors. It serves over 800 merchants and processes 7% of all the transactions within the Bitcoin network. CoinsPaid’s achievements were even marked by the Payment Provider of the Year title at the AIBC Summit in Dubai.
Apart from a blockchain payment gateway, CoinsPaid offers a comprehensive ecosystem with a B2B and B2C wallets, an OTC exchange, a SaaS platform, and now also a token, CPD, with a range of DeFi use cases.
More than 800 merchants have chosen CoinsPaid out of dozens of crypto payment providers. As the reason for their choice, most cite transparent fees with no exchange rate gaps; on-the-fly conversion to fiat and withdrawals to a bank account; and the possibility to receive a payment in 30+ cryptocurrencies.
Prioritizing security
Excellent security is what really makes CoinsPaid stand out in the busy crypto payment processing market. The company uses two integrated risk scoring systems (Crystal and Scorechain), so that any suspicious payment source (‘dirty coins’) can be easily detected.
CoinsPaid is also the only crypto payment service to hold two blockchain security audit certificates (by Kaspersky Labs and 10Guards). Finally, the company is regulated in the EU and follows all the KYC and AML rules.
A crypto payment processor linking traditional businesses and DeFi
CoisPaid’s leadership in the crypto payment industry puts it in a unique position to introduce merchants to DeFi. In September 2021, it launched CPD, a token that runs on Ethereum, BSC, and Polygon. CPD is the center of the whole ecosystem.
Merchants can get discounts on processing fees of up to 50% for staking CPD, and soon they’ll gain access to a full DeFi dashboard.
Between January and November 2021, CoinsPaid’s processed volume grew by 318%, and the number of transactions by 111%. 2022 is bound to bring more growth with new DeFi tools and an expansion to Latin America. Would you like to save 80% on payments, too? Then contact CoinsPaid today and and jump-start your growth.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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