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.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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