Tag Archives: Payments

Mastercard Patent Filing Outlines Way to Anonymize Crypto Transactions

Payments giant Mastercard claims to have developed a new way of keeping cryptocurrency transactions private. According to a patent application published Thursday by the U.S. Patent and Trademark Office, the payments giant has proposed a system of conducting transactions over a blockchain which would obfuscate both the point of origin and the amount being transacted. As explained, the system… Read More »

R3 Adds Ripple as First Crypto for Its Universal Payments DApp

Enterprise blockchain software firm R3 has announced that ‘rival’ Ripple’s XRP token will be the first crypto supported on its new universal payment settlement platform, Finextra reports today, Dec. 5. Dubbed “Corda Settler,” the new open source Corda-based decentralized application (CorDapp) reportedly allows payment obligations raised on the Corda blockchain to be settled via any parallel payment rail… Read More »

R3’s New Corda App Supports Payments in XRP Cryptocurrency

Distributed ledger technology provider R3 has launched the Corda Settler, an application aimed to facilitate global cryptocurrency payments within enterprise blockchains – and it’s starting with XRP. R3 said XRP is the first globally recognized cryptocurrency to be supported by Settler, bringing the Corda and XRP ecosystems into closer alignment – something of a rapprochement considering Ripple and… Read More »

Overstock’s Medici Invests $2.5 Million in Grain Tech Firm’s Blockchain Pivot

Overstock subsidiary Medici Ventures is investing in a software firm looking to store grain transactions on a blockchain. The company announced Tuesday it was purchasing $2.5 million of equity stake in GrainChain, a nearly six-year-old company which develops software tools to aid farmers and purchasers in the grain industry. Medici’s purchase gives it a 10 percent ownership stake… Read More »

Canada: Fintech Startup Launches Bitcoin Payment Feature

Canada-based mobile payments company Glance Technologies Inc. has added support for Bitcoin (BTC) as a payment method, according a press release published Nov. 29. The firm’s release states that the new feature, dubbed “Pay With Bitcoin,” enables users “to pair their cryptocurrency wallet with their Glance Pay account, and then purchase Glance Dollars with Bitcoin.” The in-house currency… Read More »

Canadian Jewelry Retailer Birks Now Accepts Bitcoin Payments

Birks Group, one of the oldest luxury jewelry retailers in Canada, is now accepting bitcoin payments at some stores. The firm announced Tuesday that it has partnered with U.S.-based bitcoin payments processor BitPay to enable “faster, easier and more secure” purchases for customers. Currently, bitcoin payments are enabled at eight of the group’s stores, located at Vancouver West… Read More »

Ripple Is Making It Easier for Customers to Integrate XRP. So Far, They Aren’t

Ripple Is Making It Easier for Customers to Integrate XRP. So Far, They Aren’t Ripple is rolling out a new version of its most popular product, xCurrent. Positioned as a rival to SWIFT – the 45-year-old messaging network at the center of the global payments infrastructure – version 4.0 of xCurrent is being more closely… The post Ripple… Read More »

SpankChain Has Paid Camgirls $70,000 Worth of Crypto in 6 Months

Since raising $6 million in a 2017 initial coin offering (ICO), porn startup SpankChain has differentiated itself from the token-sale pack by actually delivering a platform with thousands of users. Revealed exclusively to CoinDesk, SpankChain boasted 6,136 active users as of October, and has paid roughly $72,422 in cryptocurrency to 31 webcam models since the site launched in… Read More »