Shopify Accept Bitcoin As A Currency Of Official Payment ...

Some Basics Of Bitcoin

For someone not familiar with Bitcoin, the first question that comes to mind is, "What is Bitcoin?" And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has risen steadily since and has hovered around $4000 per Bitcoin recently. So regarding Bitcoin value or the Bitcoin rate this is a most remarkable appreciation of value and has created many, many millionaires over the last eight years.
The Bitcoin market is worldwide and the citizens of China and Japan have been particularly active in its purchase along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. That action drove the value of Bitcoin down for a short time but it soon surged back and is now close to its previous value.
The Bitcoin history chart is very interesting. Its creator was an anonymous group of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to be "virtual gold" and released the first Bitcoin software in early 2009 during the height of the USA economic crisis. They knew that to have lasting value, it like gold had to have a finite supply. So in creating it they capped the supply at 21 million Bitcoin.
Bitcoin mining refers to the process by which new Bitcoin is created. With conventional currency, government decides when and where to print and distribute it. With Bitcoin, "miners" use special software to solve complex mathematical problems and are issued a certain number of Bitcoin in return.
A question that then arises is, is Bitcoin mining worth it. The answer is NO for the average person. It takes very sophisticated knowledge and a powerful computer system and this combination of factors makes it unattainable for the masses. This applies even more to bitcoin mining 2017 than in past years.
Many wonder, who accepts Bitcoin? This question gets asked in various ways, what are stores that accept bitcoin, what are websites that accept bitcoins, what are some retailers that accept bitcoin, what are some places that accept bitcoin and where can I spend bitcoin.
More and more companies are beginning to see the value of accepting cryptocurrencies as a valid payment option. Some major companies that do are DISH network, Microsoft, Expedia, Shopify stores, Newegg, Payza, 2Pay4You, and others.Two major holdouts at this time are Walmart and Amazon.
Ethereum is the strongest rival to Bitcoin in the cryptocurrency market and many wonder at the question of Bitcoin vs Ethereum. Ethereum was created in mid-2015 and has gained some popularity but still ranks far behind Bitcoin in usage, acceptance and value.
A question that often comes up often relates to Bitcoin scam. This author has a friend who made a purchase from a company that promised 1-2% growth per day. The company website listed no contact information and after a couple months the website simply vanished one day and my friend lost all the money he had invested which was several thousand dollars.
One has to know how to buy Bitcoins, how to purchase Bitcoin or how to buy Bitcoin with credit card in order to get started. Coinbase is a very popular site to do this. Their fee is 3.75% and the buying limit is $10,000 per day. This would probably be the easiest way to buy bitcoins.
Others would like to buy Bitcoin with debit card. Coinbase also provides this service and has clear step by step instructions on how to proceed with either your debit or credit card.
There are those who would like to buy Bitcoin instantly. This can be done at Paxful, Inc. and can be done through W. Union or any credit/debit card.
Other common questions that come up are what is the best way to buy Bitcoins, the best way to get bitcoins or where to buy bitcoins online. The easiest way is probably to purchase it through a digital asset exchange like the previously mentioned Coinbase. Opening an account with them is painless and once you link your bank account with them you can buy and sell Bitcoin quite easily. This is quite likely also the best place to buy Bitcoins.
One must know what a Bitcoin wallet is and how to use it. It is simply the Bitcoin equivalent of a bank account. It allows you to receive Bitcoins, store them and send them to others. What it does is store a collection of Bitcoin privacy keys. Typically it is encrypted with a password or otherwise protected from unauthorized access.
There are several types of digital wallets to choose from. A web wallet allows you to send, receive and store Bitcoin though your web browser. Another type is a desktop wallet and here the wallet software is stored directly on your computer. There are also mobile wallets which are designed for use by a mobile device.
A question that occasionally comes up is that of Bitcoin stock or how to buy Bitcoin stock. By far the most common way to proceed in this area is to buy Bitcoin directly and not its stock.
There is one entity called Bitcoin Investment trust which is an investment fund that is designed to track the market flow of Bitcoin. Some analysts however are calling this a risky way to become involved in this marketplace.
The Bitcoin exchange rate USD is a closely watched benchmark both on a daily basis and long term over the last 8 years since its introduction to the world's financial marketplace. A popular company to receive the most current rate in Bitcoin valuation is XE. They show Bitcoin to USD valuation and also the complete Bitcoin price chart, the Bitcoin value chart and the Bitcoin to USD chart. If you ask, "How much is one Bitcoin?" you will always know from their continuously updated charts.
Similar questions that come up in this area relate to the bitcoin rate history, the bitcoin price chart live, the bitcoin to dollar exchange rate, the bitcoin dollar chart and the bitcoin 5 year chart. The previously mentioned website, xe, is also a good source for answers to these questions.
Regarding Bitcoin cash, ie. to get USD from selling Bitcoin, Bitwol is one company that enables you to do this. WikiHow is another company that will take you through this process.
submitted by shomesrobery to BestBitcoinCasinosa [link] [comments]

09-05 08:14 - 'Found a great service that allows me to accept Bitcoin on Shopify [No KYC] Thought I'd share it here as well!' (self.Bitcoin) by /u/primalfabric removed from /r/Bitcoin within 1209-1219min

'''
I recently wanted to accept bitcoin payments on Shopify. There are currently 4 options mentioned on the Shopify Website that allow me to do so.
Unfortunately, all of these processors require KYC.
Thankfully, there is one more service that I found which allows me to accept bitcoin payments on Shopify and does not require KYC. The service is provided by a popular bitcoin payment gateway, [Blockonomics]5 .
Here is a guide on [How to Accept Bitcoin on Shopify]6 .
'''
Found a great service that allows me to accept Bitcoin on Shopify [No KYC] Thought I'd share it here as well!
Go1dfish undelete link
unreddit undelete link
Author: primalfabric
1: *om*er*e.c**nba*e.com/s*opify 2: **tpay.co**integ*ations/s*o*if* 3: he*p.g*c*in.com/kb/**opif*/shopi*y-**teg***ion 4: www.co*npa*me*ts.net*s*o**fy/ 5: *w**bl*c*onomics.*o/mer*h*nts#/ 6: blog.blockonom**s.co/*ow***-accep**bitcoin-*n*sh***fy-829d74*37**f
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

You can now buy Coca-Cola with Bitcoin!

If you are a Bitcoin trader either in Australia or New Zealand, good news! Coke vending machines now accept Bitcoin as a form of payment.

What does this mean for Bitcoin?

Although a coke vending machine that accepts Bitcoin may at first seem silly or insignificant, it is actually yet another sign that adoption of the cryptocurrency is progressively increasing. The 1,200 or so machines available between the two countries means more exposure for the project. Even if many will never actually pay for a soda with Bitcoin, the simple awareness that such an option exists is already a positive.
For those who do wish to experience paying for an instantly redeemable physical product with Bitcoin, they will simply need to download the Sylo payment app. With it, they can scan a QR code in a manner reminiscent to China’s Alipay or Wechat Pay system. The crypto will then be automatically converted into the relevant local currency.

Other Benefits

With the current health crisis involving COVID-19, any initiative that lowers customers’ physical contact with machines is beneficial. Particularly so when these machines are frequently used by hundreds of people and tourists every day. QR codes limit a user’s need to interact with both potentially contaminated surfaces and cash.
Fortunately, even bitcoin derivatives traders and spot traders that do not live in these countries can still benefit. As suggested above, the more Bitcoin is adopted as a form of payment, the more relevant and strong the cryptocurrency becomes. Other similar efforts to facilitate the use of Bitcoin for transactions include BitPay. This payment processor already works with large brands such as Shopify and Newegg to help their users pay with Bitcoin.
Stay tuned for more blog articles on different concepts and ideas that will improve your knowledge of Bitcoin Trading.
submitted by hectorhan to Bitcoin [link] [comments]

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry
Over the past decade, the crypto-industry has proven to be a unique industry with a specific audience, which requires a no less specific approach. In this regard, in 2020, the advertising activity of crypto companies is significantly different from that to which banks and various financial companies resort. Industry leaders prefer not to rely on traditional online advertising on Facebook, Instagram and YouTube. They follow a different path: they work with bloggers (opinion leaders and influencers), rely on MLM marketing referral programs and actively organize various contests and sweepstakes with generous prize pools. The CoinDesk portal claims that crypto marketing this year is strikingly reminiscent of marketing in the beauty industry, and here it is no less effective.

General concept

Michelle Fan, a blogger with a million YouTube subscribers, is using the same techniques to spread skin care life hacks and the idea of financial freedom through bitcoins. Moreover, she assures that the leaders of the crypto industry, like her, use marketing schemes from the beauty industry, even if they themselves do not know about it.
Both areas prefer to use the DTC (Direct to Customer) business scheme, independently creating and then promoting and selling goods / services, working as closely as possible with the community. Sales are built through aggregated retail platforms like Amazon, Etsy and Shopify, or even through accounts in popular social networks.
Industry leaders in developing countries often resort to the latter option, where large sites like Amazon simply don’t work or aren’t popular. For example, Michelle Haber, a bitcoin maximalist from Libya, made it clear in CoinDesk’s comment that social networks and chats are today the most effective way to distribute goods / services in crypto topics. He said that local traders in order to “educate” the audience help buy hardware wallets, selling them through groups on social networks. Buying yourself Trezor or Ledger in another way is often simply impossible.

Work with opinion leaders

Michelle Fan is not the only person from the crypto-community who notices the similarities with the beauty industry. So, Maria Paula Fernandez, who actively uses the services of the DeFi sector and is seriously interested in the topic of skin care, gave the CoinDesk portal a similar comment.
She notes that in both cases, society has become accustomed to relying on the opinion of society itself, rather than trusting the views of the world’s leading media. Therefore, in both sectors, the so-called influencers are very popular — opinion leaders and bloggers who disseminate information among their audience on YouTube, Instagram, TikTok and other social networks, receiving a reward for this.
Crypto-companies very often, like firms from the beauty industry, provide their products to opinion leaders for review and further “instruction” of their subscribers. Maria Paula Fernandez does not see anything shameful in this. Observing the experience of bloggers, subscribers begin to acquire a kind of crypto-education and disseminate the information through the word of mouth. Thus, the crypto-community grows.
The most successful bloggers over time can count on sponsorship from one or another crypto company.
For example, the podcaster Marty Bent, whose show is now funded by Unchained Capital and Square, the developer of Cash App, witnessed this scenario. The latter, by the way, in addition to Bent sponsor also podcast Joe Rogan and rapper Lil B.
Many other large companies, including the Kraken exchange, have resorted to this strategy. They are just as interested in sponsoring reputable content creators who promote products among loyal subscribers. The U.S. exchange sponsors the Reckless VR crypto start-up, founded by Udi Wertheimer for crypto-conferences in virtual reality, and the famous podcast Peter McCormack, who launched his own media brand Defiance last year. Having started his career as a hobby, McCormack turned it into a business of his life, thanks to which he earned about $1 million for 2019.
With all this, working with bloggers is a great opportunity to enter foreign markets. This is understood at Crypto.com, where they use opinion leaders to attract the Russian-speaking and Turkish-speaking community. Does this approach give a result? Judge for yourself: over the past six months, the number of startup users has doubled and currently stands at more than 2 million people.

Referral Bonuses and MLM Marketing

The development of products within the community often turns into MLM marketing strategies, which require the presence of referral bonuses and bonuses “in depth” — favorite schemes of cosmetic brands. They use a multi-level reward system for attracting partners, where you can usually get a bonus not only for personally invited, but also for “friends of friends and their friends”. Thus, opinion leaders who distribute crypto products often receive a portion of the funds that people invited by them will pay for the product / service.
The relevance and effectiveness of the trend is confirmed by the fact that these methods are not shy to use not only crypto start-ups, but also top cryptocurrency companies, widely known throughout the industry. A prime example is SatoshiLabs, a company that manufactures and distributes Trezor wallets. The head of communications, Iva Fizerova, confirmed that she is actively resorting to “affiliate marketing” with bloggers as an alternative to paying them for direct advertising.
No less vivid examples are the largest crypto exchanges Binance and Gemini, which managed to succeed not without the help of referral systems copied from the multi-level marketing campaigns Avon and Mary Kay, which they have been using for decades.
Instagram blogger Chjango Unchained has been earning good bonuses for several months running after posting a referral link to Gemini on her profile. When her subscribers register on the exchange and buy cryptocurrencies worth more than $100, she receives $10 in BTC. According to her, she is doing a good deed. The blogger wants people who are interested in her opinion on digital money to start their crypto path on Gemini, and not, for example, on Coinbase, because the latter charges “crazy commissions”.
Referral system bonuses are a typical phenomenon for many crypto companies, and successful bloggers are happy to use this. A prime example is Michael Gu, known by the pseudonym Boxmining. It has been distributing information about digital money since 2012, having gathered an audience of more than 200,000 subscribers on YouTube and more than 3,500 participants in Telegram chat during this time.
Despite the fact that the manufacturer of hardware wallets Ledger does not sponsor its activities, it places referral links in the video descriptions and collects voluntary donations from subscribers. As you might guess, he feels rather well. At the same time, he emphasized that user activity during the coronavirus pandemic is only growing, especially after YouTube began to put sticks in the wheels of the creators of crypto-content.

Gifts, contests and sweepstakes

Making a small gift is a great way to introduce an audience to a new product. In the cryptocurrency market, this has long been relevant.
Coin creators eagerly carry out airdrops and bounty campaigns, allowing the crypto community to test the new coin. A similar approach is popular in the beauty industry. Samplers of perfumes and branded magazines with smells have led many girls to buy full-fledged versions of the fragrance.
In addition to the cryptocurrency developers themselves, a similar approach is also used by cryptocompanies of a different direction, which cannot conduct airdrops due to their technical features (for example, this is true for manufacturers of hardware wallets). Therefore, they organize more classic contests and sweepstakes. For example, they play a wallet for reposting on social networks or videos published on YouTube.
It is noteworthy that cryptobrands in this area are even more active than cosmetics manufacturers. They work not only with trusted bloggers with many subscribers, but also help to become less “untwisted” users. Therefore, they periodically assist them in organizing draws in order to attract subscribers who could potentially become new customers.
Iva Fizerova from SatoshiLabs confirmed that Trezor manufacturers periodically help users attract new followers through the distribution of gifts. Moreover, this approach brings excellent results. By working with the community this way, they have managed to sell hundreds of thousands of wallets. But most importantly, a reputation of the brand has formed around the product, warmly received by the audience. And this effect is so strong that the company simply does not see the point in spending money on traditional expensive advertising.
Most importantly, despite all the problems of 2020, including the coronavirus pandemic, which seriously hit the global economy and, accordingly, people’s wallets, demand for products did not fall. This approach remains effective, while the percentage of successful conversions in traditional advertising has probably decreased. Fizerova noted that over the past three months they have recorded a steady increase in demand for goods. Moreover, they even had to solve delivery problems, if only the buyers got the desired devices in a timely manner.
A similar approach and results are observed with other manufacturers of hardware wallets. Thus, Rodolfo Novak, co-founder of Coinkite, confirmed the growth in demand for products, despite the pandemic. Working with the community is their main marketing strategy, because it really gives results. Over the past three years, they donated about 50 wallets to YouTube reviewers. Novak is proud that their “users help other users.” According to him, this approach allows you to sell products at a lower price, since the cost of goods does not include high costs for familiar marketing campaigns.

Are marketing strategies effective? More than

The cryptocurrency market relies on marketing strategies that have established themselves in the beauty industry, which in the new field are no less effective. Maximum performance is achieved with a killer combination of all three of the above methods. It’s about when the founders of cryptocompanies themselves become opinion leaders. Just look at Changpen Zhao, the head of Binance, or Justin Sun, the project manager of TRON. Both entrepreneurs are bloggers with a huge army of subscribers and are personally engaged in the promotion of their brands, regularly rewarding their audience with pleasant gifts.
It’s easy to guess why industry leaders rely mainly on this type of marketing. Advertising products in the traditional way is expensive, especially for startups, behind which there are still no attractive products with a good reputation. But more importantly, crypto products are quite complex in themselves, so they often need detailed explanations, which are difficult to implement in the framework of traditional advertising. Agree that selling a bottle of Fanta with a new taste is much easier than a hardware cryptocurrency wallet, especially since most people don’t understand what it is.
On top of that, regular advertising is complicated by the fact that media giants regularly block crypto content.
In such a situation, marketing borrowed from the beauty industry seems to be the most acceptable and most effective option. By focusing their marketing budgets on opinion leaders and working with the community, cryptocompanies achieve the desired result, even taking into account the coronavirus pandemic. The crypto community is getting bigger and stronger every day. But the best part is that this growth cannot be stopped.
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submitted by Smart_Smell to Robopay [link] [comments]

Single solution for accepting CCs, PayPal, JCB, and Bitcoin?

I'm trying to get my company to accept bitcoin and have learned management is interested in transitioning away from Stripe (as they do not support JCB, PayPal, or Bitcoin).
I think I'll be able to make the case most effectively for bitcoin if I find a vendor that can include all the above in one UI. I've been looking into Shopify but see they use Bitpay to process bitcoin, though there are some alternatives. Does anyone have any experience using Shopify to do this?
Would you recommend a different vendor?
edit: i know bitpay sucks and am not enthusiastic about presenting that as our solution for processing bitcoin transactions.
submitted by bitcoin-bitch to Bitcoin [link] [comments]

New Business in the Bitcoin World

hello, I am starting business on shopify relating to Bitcoin and I would like a percentage of my sales to go towards supporting the team who develop Bitcoin. Does anyone know how I do this or where I should look? Is Bitcoin Core the team and if so does anyone know how I contact someone official there? I would ideally like the same structure/arrangement set up with a few charities whereby at the checkout page, my buyers can choose what charity a percentage of my proceeds to contribute towards. Also, in addition to accepting credit cards I want to accept Bitcoin (and will partner with Lolli), but does anyone know the benefits between Coinbase, BitPay and/or accepting Bitcoin Payments directly? I am researching all on my own but thought I'd ask in case anyone could drop any really helpful tips. Thank you in advance!
submitted by DSAK1982 to Bitcoin [link] [comments]

Why Cryptocurrency is Failing at Adoption - We're Giving Control Back to Banks, Corporations, and Government

Why Cryptocurrency is Failing at Adoption

Cryptocurrency has come a long way in a short amount of time. That said, one area I think cryptocurrency is falling short is adoption. By adoption I mean people buying things from stores, people buying things online, and people conducting transactions between themselves ie I pickup dinner for a buddy and he pays me back with say Litecoin for example.
Now I'm not saying this is a small feat, the concept of getting people to change their entire worldview on money and commerce is a tall task. That said, until we see greater adoption and use of cryptocurrency, it remains nothing more than something we can speculate and gamble on. The utility is there, but if that utility is not being used, it's just something to speculate on and nothing more.
Now before you start thinking I'm being overly critical of crypto, I'm one of cryptos biggest cheerleaders. I'm self employed and work full-time in e-commerce. One of my businesses is considered "high risk" by the merchant processing industry and therefore it's very difficult to get credit card processing. I had to contact over 300 processors to find one who would take me on, even then I had to jump through hoops to get accepted, and I pay 7% for processing when your average business pays 2.9% or even substantially lower, so I have a personal use case for crypto in my business, the problem is not enough of my customers are willing to pay in crypto.

Where is Crypto Falling Short?

So you may be asking okay smart guy, where have we gone wrong?
With cryptocurrency the beauty of it is that there's no central authority, however that's also a shortfall as there's not necessarily one person to give direction, and when things do fall short there's nobody to blame but "they" or "we", basically the community itself, so this makes it challenging to make changes.
Here's where I feel cryptocurrency has fallen short at adoption...

Crypto Debit Cards

Crypto debit cards were way overhyped. I get it, people are used to using debit cards so tying crypto into debit cards makes it familiar and makes it more usable to many people. That said, as we've seen, when you have a Visa or Mastercard logo on the front of a credit or debit card that puts all the power back into Visa and Mastercards hands.
All the benefits of crypto ie anonymity, no chargebacks, no rules about what can and can't be sold, no holds or reserves, all these things go out the window as soon as Visa and Mastercard get involved. We've seen this happen time and time again when we hear stories about Visa and Mastercard shutting down various crypto debit cards.
Also on a KYC and compliance front, there's often rules such as you can only load $500 or $1,000 onto a debit card without providing name, address, ID, social, etc.
While I'm not saying crypto debit cards are completely pointless, they aren't the answer to mass adoption as they remove nearly all the benefits of cryptocurrency, I may as just be using my regular debit card. I think the community fucked up making these things seem like the best new thing since sliced bread.

Focusing on Merchant Processing Instead of Payment Gateways

I'm sure you guys have heard of Bitpay and Coinbase's crypto merchant processing programs. You use a third party company like Bitpay or Coinbase to accept crypto on your behalf. This kind of goes back to the problem above, introducing third parties.
The whole point of cryptocurrency is getting rid of third parties and intermediaries who tack on fees and try to control you and make rules for you. By using a third party processor were back to the problem of introducing unwanted third parties.
The point of cryptocurrency is to be direct payments from consumer to merchant. Now I realize that some companies sell products with a hard cost and can't be subject to the volitility of crypto.
We'll take someone selling DSLR cameras for example, if they buy a Canon SL2 for $500 and they sell it for $700 that leaves a $200 profit. That said if they accept crypto as payment and they accept $700 worth of Bitcoin, and don't sell it right away, it's possible that the camera they paid $500 for, they now only have $400 in Bitcoin for the payment, because of that volatility.
Because of that I think it's understandable that some merchants will need to use a merchant processing company to immediately convert crypto to fiat, or at least a portion of each transaction to at least cover their hard costs.
On the flip side however someone who is selling digital products which have no hard cost, they can afford the volatility since they won't necessarily be losing money. Imagine I create digital wallpappers and sell them online. The cost to create them is my time, and whether I sell 1 of them, or whether I sell 1,000 of them, it's not really costing me anymore money to sell more so I can afford a bit more volatility.
Here's what it basically boils down to though. We need more Payment Gateways and not Merchant Processors. So what's the difference? A Merchant Processor is like Paypal or Stripe. They collect the money from the customer, and then a day or so later issue it to you. They are actually holding the funds. Because of this they have to follow KYC policies, they need to be registered as an Money Transmitter or Money Services business, and they are also required to offer chargebacks. It's for these reasons that they often have such stringent rules and high fees.
In the world of eCommerce when we bring in a third party, in a large way that kind of defeats the point of cryptocurrency.
So Coinbase rolled out a new service called Coinbase Commerce. I havn't personally used it, but from the research I've done it seems that this is a payment gateway and not a merchant processor. I say this because the money goes to your own wallet where you control the keys. Coinbase never touches that money, they simply offer the software that allows it to be sent and which helps you on the backend of your SHopify store matchup a payment on the site to a transaction on the blockchain.
This solves a huge problem. A while back I tried to accept crypto through a Shopify store and there was no good way to do it. It wans't streamlined or automated. I would have to add a custom payment option. The customer would then have to say I want to pay with Bitcoin. I would need to e-mail them to give them an address to send to. They would have to send me the Bitcoin at which point I would then have to manually check the transaction on the blockchain to make sure it was actually sent and to make sure the amount was correct, and then I could ship their product.
This process was not convenient or easy on myself or my customer. What Coinbase Commerce does from my understanding is pretty much automate and streamline this whole process. This means my customer and I don't need to talk with one another just to make a simple crypto transaction, the whole process is automated, and I can easily see that the customer has made payment through my Shopify store. If my understanding of Coinbase Commerce is correct this also means that at no point during this process does Coinbase actually touch the money.
The beauty of Coinbase never touching the money is that they aren't a money transmitter or a money services business. They don't have to follow rules about chargebacks, they don't have to track my business and issue a 1099 at the end of the year, and they don't have to place rules on what I can and can't sell, that's completely on me.
I think this is what crypto needs more of. We need more payment gateways and less merchant processors. Merchant Processors while they do serve an important role for businesses with hard costs, for other businesses they just get in the way and have too many costs and too many rules.

Conclusion

I guess my point is this. Cryptocurrency is unique to money and payment processing. We need to embrace this uniqueness and take advantage of the lack of power and control it allows corporations and government.
To date most of the adoption of crypto I have seen is nothing more than partnering with and giving power back to banks, credit card companies, and merchant processing companies.
*** I neglected to add something about Litepay. Litepay came to a screetching halt before it even began because it relied top much on the current banking system allowing it. Only a registered business can accept Litepay where as with stripe or paypal anyone can start as a soleprop today in minutes
submitted by rulesforrebels to CryptoCurrency [link] [comments]

r/Bitcoin recap - August 2019

Hi Bitcoiners!
I’m back with the 32nd monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you an overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in August 2019
Adoption
Development * Bitcoin Core Developer Andrew Chow is straming his code tests on Twitch (7 Aug)
Security
Mining
Business
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

What is the Most Updated Way for a Shibe to Accept Dogecoin for general eCommerce?

Back in the days of being able to set up a store to accept Doge on Moolah I was making shirts (designs can be seen here) that had back then been selling on Red Bubble and Zazzle. Just recently I had found a way to add them to Etsy. However without a way to accept crypto it does kind of stink still. I was about to go through the process of signing up with GoCoin and maybe going with some kind of WooCommerce or Shopify option but while doing a little online searching found this /bitcoin/ post just ten days ago https://www.reddit.com/Bitcoin/comments/b8pcki/adding_bitpay_coinbase_and_gocoin_to_website/ if you go through the comments things go pretty harsh on a lot of these payment systems. I would love to be able to in the end sell the shirts and other wares on OpenBazaar and more decentralized systems, but without the availability of a crypto ondemand print service I see these middlemen payment systems as the only thing. What options do you know of?
submitted by CryptoCollectibles to dogecoin [link] [comments]

Developer brain dump, 16 Jan 2018

We don't talk about the price for a number of reasons, not least of which is if you'd seen my investment history you definitely wouldn't take advice from me, but... hey, yeah, I know a lot of you have just had a really bad day, and it sucks. Take some time to remember what's important in life, hug your family, get some rest, come back to it tomorrow.
Jackson has tweeted he's not intending to be involved with Dogecoin in the future: https://twitter.com/ummjackson/status/952391368067858432 , so lets talk about that for a bit. There's no status change in Max, Patrick or myself as a result of this. It does flag up a need to be better with single person failure risks, though; Jackson has the only control to the dogecoin.com domain, I have the sole access to the @dogecoin_devs Twitter account, etc. We're discussing plans to mitigate these risks currently.
Technical stuff we're working on:
Basically - there's a lot of testing happening while we kick the hell out of it to make sure when it ships, it's robust.
Longer term, we're expecting to see a demo of the Doge-Ethereum bridge early next month. This is developed by an external team (and has its own specific bounty in Ethereum). If it works as expected, we'll then draw up a timeline for merging into Dogecoin; I anticipate we'll need a soft fork for this, and we'll handle comms around that when we know more. Examples of where this is useful is letting us do things like replacing the existing dev fund (which works on a simple 2-of-3 basis) with something much cleverer that can do pay-out based on complex voting requirements.
Patrick reports he's seen issues with Bitcoin Core 0.15 (around handling of the UTXO set). I want to have an internal release of 1.15 for testing 1.14 with before 1.14 goes out, but we may skip doing a full release and go direct to 1.16. Bitcoin Core 0.16 is meant to be out in May, so Dogecoin Core 1.16 would ship after that.
Things we need:
I'll get another update out over the weekend, but it may well be "We're still working out what's wrong with the fee schedule". Meanwhile, stay fluffy!
Ross
Edit: Oh, and you can see 1.14 progress as things are reviewed, at https://github.com/dogecoin/dogecoin/pulls
submitted by rnicoll to dogecoin [link] [comments]

BitPay vs Coinbase Commerce

Does anybody have experience with both BitPay and Coinbase Commerce? I would like to accept Bitcoin payments on a site I am working on but have no idea which merchant to choose. If it's relevant, the site is a Shopify site.
Thanks in advance
submitted by enano2054 to Bitcoin [link] [comments]

Network effect and why most coins failed.

If you’ve spent anytime in the cryptocurrency sphere you have probably come across a notion called network effect. Most commonly this is attributed to Bitcoin — in particular, it is given as a reason for its continued success as the cryptocurrency standing taller over all others.‬
In this post I will articulate exactly what a network effect is, why it is important and how most projects have failed because of it, or more precisely, because of not having it.
Network affect is a phenomena that assumes the basic notion whereby a product or service gains additional value as more people use it. More accurately, if we take a network with number of nodes N, then each node on that network can engage with every other node on that network making N-1 connections. If, then, N nodes can make N-1 connections, then the net number of connections in the network would be equal to N(N-1). Thus the network’s value grows with the number of possible connections, in the order of N squared. This insight is the basis of Metcalfe’s law that states that the value of a network is proportional to the square of the number of members within the network.
This insight is extremely powerful when our objective is to build robust and functional networks just like many crypto projects are trying to achieve. Metcalfe’s law realises the abstracted value of having a large user base in which value V doesn’t map proportionally to N; linear growth of N results in an exponential growth of V in V=N².
So how does this apply to crypto?
I will explain how this applies to crypto by first giving 7 distinct examples of Bitcoin’s network effects to further demonstrate its importance and then explain how the absence of said effect leaves smaller capitalised coins at a considerable disadvantage and thus more vulnerable to failure.
Bitcoin, being the largest cryptocurrency with 45% dominance as of writing, has the biggest network effect. The 7 effects are interlaced and therefore entrenched within one another in a self-reinforcing, compounded effect. These effects can be characterised as follows:
Speculation around bitcoin causes infrastructure to be developed to meet the speculators demands. Items like hardware wallets and exchanges as well as user friendly wallet software and educational material will all reduce ingress and egress friction points and further accelerate the mean rate of adoption over time. (Interestingly, adoption is often a non-linear function with respect to time and follows an ‘S-curve’ of adoption’.)
Merchants are a second order network effect in which they accept Bitcoin because of the increasing speculator demand. Bitpay is one solution that has integrated large scale retailers like Microsoft and Shopify, directly increasing the number of application and therefore utility of Bitcoin.
Consumers are the third order network effect. Consumers begin using bitcoin because merchants accept it. One example of this is purse.io, they allows consumers to save 15% on their amazon orders simply for purchasing with Bitcoin.
Miners contribute an unfathomable amount of computational power to secure the bitcoin blockchain. By this measure it is hard to see another blockchain being as secure as Bitcoin’s for this exact reason.
Software developers are incentivised to develop on top of Bitcoin because it is the most secure and has the biggest user base. This in turn brings more applications and utility into the Bitcoin ecosystem.
Financialisation of Bitcoin happens as more regulated financial instruments are created such as the recent CME and CBOE Bitcoin futures.
World reserve currency is the last layer on Bitcoin’s stack of network effects and is therefore can only be theoretical in nature and yet to be realised. The more bitcoin is socially accepted as a world reserve currency i.e. the less people have to ‘cash out’ or ‘settle’ into Dollars, Euro etc when moving value, the greater the need and confidence in Bitcoin becomes.
Now take a new, bootstrapped, cryptocurrency project that is trying to compete with Bitcoin, more accurately, Bitcoin’s network effect. They have to incentivise speculators, merchants, consumers, miners, developers and financiers to use their new cryptocurrency by offering them greater utility. It is not enough to even offer equal or marginally greater utility because stakeholders will still prefer to avoid the time and cost it would take to transfer over to the new cryptocurrency than benefit form the marginally better quality service it provides.
This is not to say that no other cryptocurrency has a chance of competing with Bitcoin because they evidently can; one only needs to look at coinmarketcap to realise this. There are 2 ways this has been demonstrated to be possible: vertical innovation and horizontal innovation.
Let’s first take a look at vertical innovation. In traditional business management theory, it states a company can achieve its objectives (i.e. higher sales revenue, increased market dominance, greater brand awareness etc.) by improving the quality of its product. If we ignore the politics around Bitcoin’s future for a second and take the simplified presupposition that Bitcoin’s value proposition is as a peer-to-peer, decentralised and global digital currency network, then a cryptocurrency that wants to compete with this will have to undergo vertical innovation. This is where the currency has the same intended use case but goes about achieving it in a more efficient/favourable way. By nature of being ‘open-source’ anyone can and have already attempted this. Dash, Litecoin and Bitcoin Cash are three notable examples of this; their communities believe they will prevail as the cryptocurrency for global payments, but ultimately only the open market can decide this over time. So far the market has valued all 3 of their currencies combined 1/5th that of Bitcoin.
We have seen horizontal innovation to be far more common in crypto for many reasons, notably, it just makes more logical sense! It turns out that competing with the most secure, most global and most heavily resourced (both intellectually and financially) digital currency network in the world is difficult. It is much easier to compete where bitcoin is not and monopolise a niche by offering a different value proposition. Ethereum offered a virtual machine and bespoke programming language, Solidity, to build decentralised and ‘secure’ applications, IOTA offers free and instant transactions for the futures IOT connected devices to facilitate micro-transactions, Monero enables privacy and fungibility by adding an extra layer of cryptography like ring signatures to obfuscate its ledger. All these projects have been successful in their attempts so far but will all need continued development to further increase scalability and adoption beyond current speculation as we move into the future. How many of these coins will need to coexist is still yet to be determined, and how many will have flown to close to Bitcoin’s sun and get their wing’s burnt by Bitcoin’s innovation (i.e. think Schnorr sig’s and Lightning network improving fungibility and micro-payments) is also an unknown.
What does this all mean?
It means that there are 4,500 cryptocurrencies currently in existence, only 1,500 of these are tradable on exchanges, and the rest are only trapping value. It means that in an open source, highly competitive and merit based market like cryptocurrencies the majority of projects will turn to the graveyard because the ‘innovative minority’ will always steal users form their smaller counterparts. It means that projects like CoinJanitor will be necessary to restore trapped value from dead or failed coins back into the cryptoeconomy to promote further growth, innovation and ultimately…network effect. CoinJanitor will actually gain its own network effect as it absorbs and amalgamates dead coins from the community as well. By absorbing the networks of smaller, under-utilised cryptocurrencies, CoinJanitor’s potency will compound enabling even larger scale value release back into the cryptocurrency communities. This is a very exciting concept!
submitted by Marlie3 to CryptoCurrencyTrading [link] [comments]

Merchant Adoption - Using Bitcoin as a payment method, a Merchant’s perspective

Throughout the bitcoin subreddits the conversation about merchant adoption and 3rd party payment processing systems looks to lack merchant-side discussions.
I thought here would be a good place to further the discussion regarding merchant adoption, specifically focused on what it would take for a merchant to begin processing bitcoin as a payment method.
It’s increasingly common for merchants to use a POS management system, such as Shopify and Square.
These systems manage all aspects of a ‘sale’ - the payment, inventory, accounting and reporting, and in an many cases a linked ecommerce platform with payment gateways.
For a merchant, it’s not simply selling a product and accepting a payment or the ‘peer to peer’ narrative that many preach. The ideology tends to get in the way of the reality of what it means for a merchant to process that sale, beyond the payment itself.
Expecting merchants to perform external processes to pre-exisiting systems is naive - like manual adjustments after a payment transaction. This would take most of the technological advancement in merchant systems, backwards.
A majority of merchants are not Amazon level, equipped with developers or custom built systems - most are small, and use existing systems to manage their business efficiently, in one linked platform.
This is predominately why 3rd party merchant systems like Square, etc exist.
Beyond payment methods, how does a business expect to manage that bitcoin sale within a linked management system - Fiat conversion, and customer processing (and privacy) for example.
NB - I am a merchant looking at integrating bitcoin payments, but due to limitations with integrating bitcoin into our current POS system (and my own knowledge) - we don’t accept it.
Be good to hear from other merchants on both sides - accepting crypto payments and how it works for you, or if not, why?
And developers who are working on merchant related projects, what are the hurdles or possible solutions to incorporating or adapting to bitcoin.
submitted by nizer13 to BitcoinDiscussion [link] [comments]

Network effect and why most coins failed.

If you’ve spent anytime in the cryptocurrency sphere you have probably come across a notion called network effect. Most commonly this is attributed to Bitcoin — in particular, it is given as a reason for its continued success as the cryptocurrency standing taller over all others.‬
In this post I will articulate exactly what a network effect is, why it is important and how most projects have failed because of it, or more precisely, because of not having it.
Network affect is a phenomena that assumes the basic notion whereby a product or service gains additional value as more people use it. More accurately, if we take a network with number of nodes N, then each node on that network can engage with every other node on that network making N-1 connections. If, then, N nodes can make N-1 connections, then the net number of connections in the network would be equal to N(N-1). Thus the network’s value grows with the number of possible connections, in the order of N squared. This insight is the basis of Metcalfe’s law that states that the value of a network is proportional to the square of the number of members within the network.
This insight is extremely powerful when our objective is to build robust and functional networks just like many crypto projects are trying to achieve. Metcalfe’s law realises the abstracted value of having a large user base in which value V doesn’t map proportionally to N; linear growth of N results in an exponential growth of V in V=N².
So how does this apply to crypto?
I will explain how this applies to crypto by first giving 7 distinct examples of Bitcoin’s network effects to further demonstrate its importance and then explain how the absence of said effect leaves smaller capitalised coins at a considerable disadvantage and thus more vulnerable to failure.
Bitcoin, being the largest cryptocurrency with 45% dominance as of writing, has the biggest network effect. The 7 effects are interlaced and therefore entrenched within one another in a self-reinforcing, compounded effect. These effects can be characterised as follows:
Now take a new, bootstrapped, cryptocurrency project that is trying to compete with Bitcoin, more accurately, Bitcoin’s network effect. They have to incentivise speculators, merchants, consumers, miners, developers and financiers to use their new cryptocurrency by offering them greater utility. It is not enough to even offer equal or marginally greater utility because stakeholders will still prefer to avoid the time and cost it would take to transfer over to the new cryptocurrency than benefit form the marginally better quality service it provides.
This is not to say that no other cryptocurrency has a chance of competing with Bitcoin because they evidently can; one only needs to look at coinmarketcap to realise this. There are 2 ways this has been demonstrated to be possible: vertical innovation and horizontal innovation.
Let’s first take a look at vertical innovation. In traditional business management theory, it states a company can achieve its objectives (i.e. higher sales revenue, increased market dominance, greater brand awareness etc.) by improving the quality of its product. If we ignore the politics around Bitcoin’s future for a second and take the simplified presupposition that Bitcoin’s value proposition is as a peer-to-peer, decentralised and global digital currency network, then a cryptocurrency that wants to compete with this will have to undergo vertical innovation. This is where the currency has the same intended use case but goes about achieving it in a more efficient/favourable way. By nature of being ‘open-source’ anyone can and have already attempted this. Dash, Litecoin and Bitcoin Cash are three notable examples of this; their communities believe they will prevail as the cryptocurrency for global payments, but ultimately only the open market can decide this over time. So far the market has valued all 3 of their currencies combined 1/5th that of Bitcoin.
We have seen horizontal innovation to be far more common in crypto for many reasons, notably, it just makes more logical sense! It turns out that competing with the most secure, most global and most heavily resourced (both intellectually and financially) digital currency network in the world is difficult. It is much easier to compete where bitcoin is not and monopolise a niche by offering a different value proposition. Ethereum offered a virtual machine and bespoke programming language, Solidity, to build decentralised and ‘secure’ applications, IOTA offers free and instant transactions for the futures IOT connected devices to facilitate micro-transactions, Monero enables privacy and fungibility by adding an extra layer of cryptography like ring signatures to obfuscate its ledger. All these projects have been successful in their attempts so far but will all need continued development to further increase scalability and adoption beyond current speculation as we move into the future. How many of these coins will need to coexist is still yet to be determined, and how many will have flown to close to Bitcoin’s sun and get their wing’s burnt by Bitcoin’s innovation (i.e. think Schnorr sig’s and Lightning network improving fungibility and micro-payments) is also an unknown.
What does this all mean?
It means that there are 4,500 cryptocurrencies currently in existence, only 1,500 of these are tradable on exchanges, and the rest are only trapping value. It means that in an open source, highly competitive and merit based market like cryptocurrencies the majority of projects will turn to the graveyard because the ‘innovative minority’ will always steal users form their smaller counterparts. It means that projects like CoinJanitor will be necessary to restore trapped value from dead or failed coins back into the cryptoeconomy to promote further growth, innovation and ultimately…network effect. CoinJanitor will actually gain its own network effect as it absorbs and amalgamates dead coins from the community as well. By absorbing the networks of smaller, under-utilised cryptocurrencies, CoinJanitor’s potency will compound enabling even larger scale value release back into the cryptocurrency communities. This is a very exciting concept!
submitted by Marlie3 to CryptoCurrency [link] [comments]

The truth about third-party payment processing

Have you ever wondered how you can accept credit or debit card payments without a merchant account? Well, that is possible with a third-party payment processing. Unlike standard merchant account providers, third-party processors have simple processes, flexible conditions, and they accept high-risk merchants. In this article, you’ll learn more about these payment processors and whether you should use one.

Third-Party Payment Processing

Third-party payment processing allows you – as an entrepreneur or a business owner – to accept payments online without having to first set up your own merchant account.
Whether selecting a third-party processor is good or not for your business depends on the volume and type of transactions you anticipate to process in a single day.

What Is Third-Party Payment Processing?

Online payments are easy and simple. The eCommerce platform is there to cater for shopping, payment gateway – to process your payments and a merchant account – to accept the cash.
But what would happen if you did away with the merchant account section? Would you go on with the online payments process?
You can though you will require something known as a third –party payment processor. What is third-party payment processing? Let us get into details.
A third-party processor refers to a service that allows you to accept online payments even if you don’t own a merchant account. In its place, the 3rd party processor will let you use their merchant account.
Therefore, you’ll have one service to process the payment as well as collect the money as opposed to having two different ones.
That sounds great, right? Well, it surely does. But remember not all that glitters is gold. And here arises the question of whether you need to use a third-party payment processor.

Do You Need To Use A Third-Party Payment Processor?

Third-party payment processors are highly popular with start-ups and online sellers. This is because they’re extremely flexible, cheap and quick.
Here are some of the benefits you’ll reap:

So, you have high chances of being accepted especially with little documentation that you should submit.
Even though third-party payment processors have all these benefits, their transaction fees might be higher than you’d expect.
Likewise, they have the potential to underrate your professional identity. Moreover, they need you to surrender control to your provider.
So, third-party payment processors, as appealing as they are, they would not be suitable for every business.
On the contrary, you should go the traditional payment gateway and set up a merchant account. Doing so will help your business to scale.

Third Party Payment Processors Examples

There are hundreds, if not thousands, of third-party payment processors on the market. They range from established ones such as Amazon Pay and PayPal to small ones like Nochex.
The best, most suitable service will depend on your needs. Here are some of the requirements for a payment processor:

  1. Integration: which eCommerce platform are you using? Is it Bigcommerce, Shopify or Magento? Either way, you should select a third party payment processor that works with your business eCommerce platform.
  2. Brand recognition: the pages for third-party processors are branded with their own branding. This will give you a chance to reflect on the message it portrays. Popular brands can improve brand authority while less popular ones can challenge your trust.
  3. Costs: third-party processors have huge differences in cost. Likewise, different tiers differ for each processor. A low tier on Amazon Pay requires you to pay 3.4 percent on each transaction, while a top tier requires 1.4 percent. This is extremely high compared to having a merchant account where SMEs pay 0.3% on debit cards and 0.7% on credit cards.
After considering these vital points, here are some examples of third-party processors:

  1. PayPal. PayPal is a solid option for merchants searching for a low-volume third party processor. Their prices are budget-friendly. Besides, it covers over 200 countries with 26 different currencies. Users can integrate PayPal checkouts on their sites, process payments online via a reader, app or browser. Then they can extend credit to their customers.

  1. Stripe. Even though you can find a payment processor that fits every need for different customers, Stripe gets close to that. It is a customizable solution. Are you a developer who can tinker with the processor’s APIs to form a product suitable to your needs? If so, the Stripe is your processor. With Stripe you can accept bitcoin, debit card, and credit card payments from over 130 currencies. Additionally, the billing is flexible.

Banking For Third Party Payment Processors

Banking solutions for third-party payment processors are built for those companies with:

With the help of a banking specialist, they will analyze your current transactions. And then they will illustrate the amount your processing company would save if they switched to their competitive financial services.
These banking services for third-party processors suit companies with huge quantities of:

Some banks offer cash management services and products that can be maneuvered to suit financial requirements of third-party processors. That applies if the processor meets the above transaction requirement.

The Bottom Line

For any entrepreneur or business owner with a high volume of payments and more account control, a third-party payment processor would be suitable for them. Alternatively, those with low volume and sporadic processing can go with an aggregator-style provider.
Basically, your choice depends on your needs. Are you searching for simplicity and freedom? If so, a mobile credit/debit card processor is ideal. Furthermore, this industry is expanding. So their services will improve alongside added options in the coming years.
Should you have more questions about third-party payment providers, don’t hesitate to contact us. Here at PaySpace, we know all the ins and outs of the payment processing.
submitted by Brave_Intelligent to B2BForHire [link] [comments]

Who Accepts Bitcoin?

Who Accepts Bitcoin?
Bitcoin is the, without doubt, the biggest cryptocurrency. Many major companies around the world are now accepting bitcoin payment for online goods and services (in Denver, you can even use Bitcoin to pay for your parking!) An aggressive campaign led by Coinbase (where $1 million worth of transactions were processed for free) prompted large companies to start accepting bitcoin by using third-party services like Bitpay & Cryptopay. As the trend has been started it appears to be growing, so who accepts Bitcoin? There are some surprising companies and we’ve listed them below.
Who accepts Bitcoin?
KFC Canada – The world’s largest chicken franchise – KFC, is allowing customers in Canada to pay for “The Bitcoin Bucket” using bitcoins for a limited time. “The Bitcoin Bucket”, a themed container can be purchased for $20 CAD, and is delivered to customers. The digital currency is accepted only via BitPay – an online payment mode and does not encourage customers to pay crypto at the cash counters.
Overstock.com – This large online retail store sells electronic products at minimal prices due to excess stock. Overstock.com allows customers to buy using bitcoin. It is the first major retailer to accept bitcoins and other major cryptocurrencies.
Subway – Subway in Buenos Aires has begun to accept bitcoin as a payment method. The belief is that accepting bitcoin as a method of payment would increase business.
Microsoft – The tech giant Microsoft is enabling users to create a Microsoft account in which the user can deposit Bitcoin. A well-structured process allows users then, to utilize these funds for purchasing movies, games, and apps in Xbox stores and Windows.
Reddit – Reddit; a community that provides thousands of your favorite things. It allows you to buy premium features with bitcoins.
Virgin Galactic – Bitcoins are taking the place of old conventional currencies at a fast pace. Sir Richard Branson, founder of Virgin Group including Virgin Galactic, Virgin Mobile, Virgin Airline, (and many more) has said that Virgin is accepting bitcoins to reserve tickets for a space travel. Branson feels that Bitcoin is a low-risk option; he has invested in it in the past and encourages others to do so now. Space travel costs 98 bitcoins or 250,000 US Dollars.
OkCupid – OkCupid, the world’s most popular dating site has started accepting cryptocurrency. By partnering with Coinbase, OkCupid allow users to subscribe with bitcoin. The costs for a “premium subscription” list called the “A-List”, can be up to 0.10 bitcoins or $10 a month.
Namecheap – A domain name registrar and web hosting company with nearly 3 million domains are accepting the digital currency as a method of payment for their services. Namecheap is the first company among numerous domain name registrar companies to accept bitcoins for registering a website, hosting domains, etc.
CheapAir.com – Now, you can spend a little of your cryptocurrency on airline reservations, hotel bookings, and car rentals. CheapAir.com, a travel booking site enables customers to purchase both domestic and international flight tickets with bitcoin. It is the only company to accept bitcoin currency for air travel and customers can pay from their Coinbase wallets.
Expedia.com – The exclusive online travel booking agency Expedia, has partnered with Coinbase to create a bitcoin payment option. Since June 2014, Expedia users have been able to book their hotels with bitcoins. As of now, Expedia is accepting digital currency only for hotel bookings.
Gyft – Gyft, a leading digital gift card retailer offers gift cards in exchange for bitcoin. The association of Gyft with Coinbase ensures that bitcoin payments are made via a Coinbase wallet. Gift cards can be redeemed or used to purchase goods at over 200 retailers.
Newegg.com – Popular online computer hardware and electronics retailer now accepts bitcoin as payment. With bitpay as the digital currency processing partner, Newegg expects to see higher sales in certain product categories.
Wikipedia – Wikipedia, the free online encyclopedia with more than 4,570,000 articles has established a partnership with Coinbase to accept donations in the form of virtual currency. To provide users with an ease of choosing payment options, Wikipedia’s donation page is now flexible to make one-time or recurring donations using bitcoin.
Alza – The biggest and most successful Czech e-retailer store has introduced bitcoin payments for shoppers. In many of its showrooms, bitcoin ATMs are available to facilitate smoother transactions for those paying in bitcoin. It is accepted via BitPay.
The Internet Archive – The internet archive provides free access to web documentation such as music, software applications, games, and so on. It has expressed its interest in accepting digital currencies as donations. This nonprofit organization assures its supporters to use bitcoins to enhance its operations and achieve its mission of providing free and secure services to the public.
PizzaforCoins – Want pizza? Order now and pay using bitcoins at PizzaforCoins. Any pizza joint including Pizza Hut, Dominos or Papa John’s is available with this service. Order now, enjoy your meal and pay with bitcoins. It also accepts more than 50 other cryptocurrencies.
Reeds Jewels, Inc. – At REEDS.com, you can shop exclusive jewelry, watches, and loose diamonds with your bitcoins using a bitcoin wallet like Coinbase. Reeds Jewels has brick-and-mortar stores in 13 states and also offers online shopping. Purchase of loose diamonds is complimented with a free delivery.
Shopify Stores – Looking to spend bitcoins? Shopify – an e-commerce platform, helps merchants to sell their commodities through an online platform similar to eBay. Shopify has recognized digital currency and is integrated with BitPay to simplify the payment process.
Final thoughts…
Many companies are embracing digital currencies by partnering with crypto platforms to transfer digital funds in exchange for goods and services. Though many of the larger companies have started t0 accept bitcoin, so many are still lagging behind and have yet to jump on the band-wagon. The reality is that the future of online shopping is definitely heading towards virtual currencies and the time has come for bitcoin to be a staple payment option when you reach the tills. If you’re not in, you can’t win.
The source of this article: CryptoCurrency News
https://preview.redd.it/u8ha9x7d70i11.png?width=1280&format=png&auto=webp&s=7b7d3710b06e187e669338c5a496a065a3f7d8d2
submitted by Lumi_wallet to LumiWallet [link] [comments]

Atriark is a Digital Asset financial Community.

Atriark Digital Asset Platform and Services.
In the year 2017, the digital crypto market has marked an outstanding height by growing at 3300%. Although, the cryptocurrencies involves some fundamental steps like money transactions, value accumulation, value measurement by passing through a process. Currently, the cryptocurrencies are considered as the assets for the investment, not as money.
In a year of time, the cryptocurrency had faced many up and downs despite that the cryptocurrency investors had set a record in the year 2018. One such significant event is ICO telegram, in which around $1.6 billion was raised from the institutional investors.
According to the CME Group, the volume of Bitcoin is growing every month in the financial institutions since after the launch. On an average, around $100 million Bitcoin is traded on the daily basis. In-fact PayPal, the largest online payment system has recognized the power of Bitcoin and is using it as a form of payment, sooner Ethereum will also join the system. Shopify, an online store and a retail point-of-sale also accept the Bitcoin as a payment medium.
Using Bitcoin or any other cryptocurrency, the user can book and order the products and also can use the services of the other companies.
As per 2017’s data, the cryptocurrency market is small as compared to the orthodox markets. The security market has made $73 trillion, the real estate at $217 trillion, and in the complete verge, the cryptocurrency market has made $0.6 trillion which shows the market is just at its beginning days. In case, it runs at its full potential then it is possible that the cryptocurrency will run the financial system of the world. So, it can be safe to say that cryptocurrency has the potential to give significant growth to the market.
The evolution has brought the attention of many new investors, marketers, in the lure of growth. In the market, a new term “HODL” has already born which means the crypto community members who hold their cryptocurrency and the investment position and predicts that it will increase the value. It is very similar in the way, the businesses, investors who do not want to invest in the assets but still want to earn profits and need credit solutions.
Fiat cryptocurrency gives the opportunity to earn more or generate revenue from the cryptocurrency market.
Atria Development Limited operates on the Blockchain technology and smart contracts on the platform. The platform gathers the brokers, traders, investors, and exchanges over a decentralized network. The open and fair network makes the financial system more global.
In this way, private investors get an open platform to showcase their abilities and attract investments from all over the world. Hence, the strategy gives them a quick and rapid scale in the market.
The advanced technology creates an autonomous and transparent system for its users for proper investment and profit distribution. Atriark gives the most imperative solutions of the redundant problems which arise commonly in the cryptocurrency market. For example, the limitlessness because of insufficient data, doubts in the process and lack of transparency.
For the development of the platform, it is very crucial to raise the fund against it which will help the Atriark platform financially especially in terms of marketing, advertising. Atriark is the native currency of the platform which is used for all kind of operations or distributions related to investment and profit.
Market Opportunities So who are these people who participate in these Business processes:
Business Associates
The traders of a company are those people who already have a trading history and who are ready to obtain investment and are responsible for money management. And the money acquired through them is distributed at some proportion to the managers as well as the investors. Though, the manager does receive the commission from the profit fee plus from the management also.
Business Investors Here in the cryptocurrency platform, no investor can directly raise their funds and start trading. Rather an experienced trader is responsible for all this job, from investment to management of the fund. In this process, the investor sends their money to the manager and the profit earned by them is distributed to the investor as per shares they hold.
Trading Brokers
A company without brokers, not happening. As brokers are like the backbone who carry out all the trading activities on the licence. Traders can access the financial instruments like exchange and over-the-counter markets through the means of the traders.
The size of the cryptocurrency market is growing rapidly, every year the market is earning billions of profit. According to the Global Asset Management 2017 report, published by the London Consulting Group is that the total amount of funds is above $90 trillion in the management.
Industry Challenges
To reach a goal there are some challenges which need to be resolved. But before that one should have the knowledge of the problems like what are they, specifications, parameters affecting it and much more.
Premium mining hardware One can take advantage of the crypto mining only when it is done with specific task hardware especially by A-line hardware. At present ASIC-processor based machines For eg: Bitmain Antminer S9.
High-cost Electricity and Unstable energy supply
The main factor which affects the profitability of the platform is its cutting cost on power. There are some countries like Norway, Iceland, Sweden and Baltics which have excess electricity because of the fully-developed inter connectivity and infrastructure, as well as renewable energy sources. The platform receives the profit from hi-tech factories and data centers in the form of incentives from the government support.
Security and Reliability
The maximum mining efficiency is obtained without compromising the reliability and security. The mining center is located near a reliable source of electricity. The miners mine almost twenty-five bitcoins in a day at difficulty level. So it is very important for a platform to provide security to the user.
Top-Notch Professionals
It involves a team of highly-skilled engineers and construction experts to run the mining center on the modest run. The team boasts the competencies and qualifications of the platform to build, install and operate on the industrial-sized mining facilities. Members of the Atriark have managed to create the data centers Market Requirements
The power Blockchain holds is quite more than a definition of cryptocurrency holds. Maybe the crowd haven’t tasted that much success, it can give. And that time is not that far where the ledgers will identify its true potential. The blockchain technology is continuously evolving and making the world revolutionize at its cost by bringing the transparency in the system. Especially in those industries where analysis by the public is important. At the international level, where the world is full of multiple agreements based on the diplomacy and to accept them multiple examinations are performed. To avoid them there is only one way i.e Blockchain technology.
It can be completely guessed, sooner the way of conducting the contracts is going to change because of the revolution brought by the blockchain technology in the market. It can be simply defined as a chain of blocks or the set of ongoing transactions which help the manufacturer to track the record of the system. These blocks are often named as distributed logs or the versatile ledgers of the multiparty system. Through this means anyone in the system can take a view of the chain and verify the transaction agreements on the system.
There are multiple sectors which need a renovation of blockchain technology:
Retail Industry
The reports of E&Y shows that the retailing industry holds the gross size of around $650 billion and above. And a major part of this gross size is under an organised sector. Also, the figure in the report states that only 1.5 % of that size is utilized for the innovation purpose. For this, the retail management takes hold on the ERP and POS at the corporate level.
The technology will make the company aware of the quantity of the product and the exact item in the real time. This makes the reinforcement and replenishment will be sent exactly where it needs to be sent. It means when the reinforcement is required it can be made through POS which signifies the ERP will trigger the flag to shop the item which needs to fill in the store. And this can be done easily by implementing the blockchain technology in the system unbiased.
Healthcare
Blockchain has the ability to eradicate most of the health disparity from the nation. It can be beneficial for the poor, the person who doesn’t have Health insurance can utilize the technology by denying all the scenarios. But for that, the social security number must be linked to generate the subsets by the government on the ongoing transaction such that the insurance giving company and the treatment giving hospital gets connected and the right treatment on right time is provided to the patient. In case there is a failure in the verification, then every node in the chain gets to know or vice-versa. So that each node in the chain executes the transaction.
Banking Sector
One of the important aspects of any import based industry is the banking credit. So for the customer base, the credit is directly linked to the bank or the issued letter on that behalf. For example, An Y company wish to get connected with Z company which is not a native one. In this scenario, the Y company have to generate a letter of intent in his bank such that the company can pay the amount to the respective bank of Z after verification. Although, the verification takes in several steps like matching the inventory of the company, clearance whether it can be imported or not. Although, the blockchain technology gives the facility of EMI payments plus minimises the data redundancy at the multiple facets of the system on international banking.
It’s obvious, why there is so much evidence of companies inheriting the blockchain technology and why the cryptocurrency is popular in between us. The most prominent reason is that the process is decentralized, anonymous and yet safe. It is because of not a single body regulates or authorities the cryptocurrency flow in the world. Technology To monetize the real-time transactions and to receive the updated order book, it becomes necessary for the company to install the advanced technology. So that the trade execution can be done simultaneously on the platform along with resolving the challenges. For example, Scalping, Algorithmic trading and market making. Client Support
Most of the platforms take customer service in the least priority. In fact, the customer service model is more focused on the resolving issue rather than serving the user. The time taken by the services to respond to the customer is generally so high that the user gets fed up and left. Even there are some exchanges are present which doesn’t even bother to respond the inquiries. There are a number of examples which takes almost a month to clear the process. For example Kraken, one of the leading exchange company which takes 30 days for KYC clearance.
Hence, the Atriark’s customer support team has implemented the customer service which is completely based on the human-centrist model. This ensures that every coming request irrespective of the department it belongs is efficiently managed and responded. Studies show that the customer exchange response is the key factor when it is all about the growth of the trades.
submitted by atriarkuk to u/atriarkuk [link] [comments]

FINALLY !! A CHIMPION CREATION! ALLOWS MERCHANTS ADOPT E-COMMERCE THROUGH DIGITAL CURRENCY

FINALLY !! A CHIMPION CREATION! ALLOWS MERCHANTS ADOPT E-COMMERCE THROUGH DIGITAL CURRENCY

https://preview.redd.it/kj0mt2cfofe21.png?width=1600&format=png&auto=webp&s=69476eb9d1653873ca82eacbb408c14008af7cc3

INTRODUCTION
Since the inception of cryptocurrency and the bitcoin technology, there has been different platform and trading for cryptocurrency blockchains, we know that the bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.
Chimpion is an all in one ecommerce, point of sale, digital wallet with crypto to fiat settlement system. Chimpion’s is launching e-commerce storefronts that allow merchants to accept cryptocurrency payments, choosing their favorite altcoin as the base currency denomination and allowing the merchant to settle their crypto into fiat through a stablecoin.
Chimpion (CHIMP) provides merchants with a simple yet sophisticated cryptocurrency payment system with a custom e-commerce and settlement backend. Through Chimpion’s innovative technology, merchants can launch full-fledged e-commerce storefronts and accept cryptocurrency payments online, with the option to set the coin of their choice as the base currency denomination. With a built-in incentive program and dedicated wallet, Chimpion gives businesses a seamless connection to the world of digital commerce.

THE CHIMPION BRAND

Chimpion is derived from the word “champion”, to signify both the coin’s superiority over incumbent cryptocurrencies and the organization’s core mission of championing the adoption of crypto for e-commerce. The word “champion” has a similar pronunciation in many widely-spoken languages, making Chimpion a highly relevant name to numerous cultures. Monkeys have historically played an important role in both Chinese and Indian culture.
The chimpanzee was chosen as a mascot to represent Chimpion because of the species’ association with exploration, being one of the first animals to travel into space. Likewise, Chimpion is pioneering a new era of transacting by driving the adoption of cryptocurrency for e-commerce.
Chimps are also known to be highly intelligent compared to other animals, even surpassing human memory of numerals in some cases, which symbolizes the benefits of a blockchain-enabled economy. Highly community-focused and even capable of empathy, altruism and self-awareness, the chimpanzee is a fitting symbol for Chimpion, which aims to drastically improve the way humans exchange value.

Dual-Token Dynamic

Chimpion (CHIMP) powers our merchant storefronts and e-commerce ecosystem. It is the bounty incentive to onboard merchants in an effort to drive adoption. CHIMP will also be the base currency denomination in the Chimpion Store, which will feature our exclusive apparel product line along with gift cards from major retailers and merchants from the Chimpion directory.
Banana Token (BNANA) is the reward layer of the Chimpion ecosystem. BNANA is earned through purchases from Chimpion merchants using CHIMP or any other cryptocurrency. BNANA functions like points on a loyalty card, which can be redeemed for promotional offers, discounts, and exclusive products.

Coin Specifications

Chimpion is hosted on the EOS blockchain using Delegated Proof-of-Stake (DPoS). DPoiS, a method invented by Dan Larimer, resolves many of the problems seen in Proof-of-Work (PoW) and Proof-of-Stake (PoS) systems. In a DPoS system, a technological democracy is created by a community of block producers and staked users that agree to a certain set of rules.
DPoS and PoS are two different protocols; in a PoS system, every wallet that contains coins is able to participate in process of validating transactions and forming consensus, thus the more coins in your wallet, the more coins you will eventually receive. With DPoS system every wallet that contains coins is able to vote for representatives. These representatives validate transactions and form consensus, and are paid for their efforts through the system. This avoids a pitfall of PoS, which is that, just like in PoW, consolidation will eventually occur.

Blockchain

Chimpion’s crypto e-commerce platform is powered by a unique, delegated proof-of-stake (dPoS) consensus. Our engineers have developed the Proof-of-Store as Proof-of-Stake (poS as PoS) protocol, allowing any Chimpion-powered merchant storefront to become a masternode on the CHIMP blockchain. The Chimpion blockchain will initially operate in the form of an EOS smart contract, which will migrate to its own chain upon the launch of our mainnet. This will enable us to integrate our advanced e-commerce platform with a secure smart contract blockchain that will feature loyalty rewards, dApps, and token creation for our merchants.

Platform

By holding Chimpion (CHIMP), merchants gain access to Chimpion’s robust crypto e-commerce platform for free, without a monthly subscription fee. Developed by Shopping Cart Elite, Chimpion’s crypto e-commerce platform combines the features of popular e-commerce platforms like Shopify and WooCommerce with the convenience of payment processors like Stripe. Our cryptocurrency storebuilder does not require any additional plugins and will be further enhanced with future dApps.
Chimpion also functions as a payment processing system and checkout method, similar to Stripe. Unlike with Coinbase and BitPay, Know Your Customer (KYC) processes are not necessary, as merchants can choose to either settle their funds in cryptocurrency or automatically sell for their preferred stablecoin with assured privacy. The following stablecoins are supported: USDT, TUSD, USDC, GUSD (NYDFS-approved), and PAX (NYDFS-approved).

Chimpion Core

Chimpion’s in-house developed proprietary system is currently being migrated to EOS and includes Paytomat Core in the form of an EOS smart contract and services responsible for maintaining merchant accounts and balances, merchant interfaces (Merchant Web Panel, Merchant App, POS integrations, and e-commerce plugins), and consumer apps (non-custodial cryptocurrency wallets).

Empowering Merchants

Chimpion’s primary goal is to grow the adoption of cryptocurrency as a payment solution by creating a rich e-commerce platform centered on digital assets. We look to not just onboard merchants, but also to create partnerships with the core teams of established crypto projects. Through Chimpion, new startups and established merchants alike can utilize our vast network and propose their business concepts to various cryptocurrency projects. If core teams do not take notice, Executive Diamond Node holders can vote to select that project to receive funding.
As an example, take the following scenario:
Carlos wants to start a dress shirt brand by launching a Litecoin-denominated storefront through Chimpion, where all products are listed at 1 LTC regardless of price volatility. He wants to cater to the Litecoin community so he buys a given amount of CHIMP and submits a proposal to receive funding. Carlos needs $20,000 as initial capital and a $5,000 monthly allowance. The Chimpion community votes
in favor of his project, so he receives the funding in CHIMP and his storefront is listed in the Chimpion directory. Charlie Lee, founder of Litecoin, takes notice and promotes Carlos’ business to his 700,000 Twitter followers.
By pairing the right concept with the right core team, Chimpion creates an ecosystem where real businesses selling physical goods and services will help drive the adoption of various cryptocurrency projects, benefiting everyone – merchants, developers, and investors.
Our target audience consists of three customer types including cryptocurrency core teams, merchants wanting to accept crypto, and customers paying with crypto.

Network

The Chimpion network will be secured with 256 bit SSL encryption and advanced security measures will be taken to ensure privacy and data protection. The Paytomat centralized merchant dashboard and Shopping Cart Elite databases will remain on Shopping Cart Elite-hosted servers and the database vault will be hosted on Amazon EC2 for the duration of 2019. In 2020, the database vault will be migrated to the Chimpion blockchain.

BCD PAY WALLET

BCD PAY WALLET is integrated with #chimpion network, it is a mobile wallet that can be downloaded from google play store with a friendly and an easy to use interface. Every smartphone could become a sophisticated banking platform where users can transact and place orders on the go. Users can use it to send and receive a vast range of digital assets, pay for deliveries, shop online securely because it has the latest security functionality. BCD PAY WALLET GOOGLE PLAY DOWNLOAD
BCD PAY WALLET APK ANDROID DOWNLOAD The mobile application will also be made available on iOS (Apple Play Store) soon, the app will serve as a mobile payment gateway, users will be able to use digital assets to pay for services rendered to them instead of the use FIAT (Government issued currency.) that was traditionally used for payment. The wallet supports all ERC-20 tokens, all EOS tokens, Bitcoin Diamond, Bitcoin Core, Litecoin, Dash, Ethereum, Waves, Bitcore, and many others.


https://preview.redd.it/6eqhiljgpfe21.png?width=1717&format=png&auto=webp&s=5063a80e5dddbba589ee7a9a1037b25b86dfa6a4


CHIMPION CURRENT MERCHANTS

  1. BCD Bazaar
  2. Marks Jewelers
  3. Mahone’s Wallpaper Shop
  4. Rosetta Coffee

ABOUT CHIMPION TOKEN (BNANA)

BNANA is the abbreviation of CHIMPION TOKEN which was created on the EOS blockchain, it is EOS compliant. BNANA is a digital asset that is virtual & electronic which will be used as the standard mode of payment for services rendered on #chimpion platform. Users or holders can purchase merchandise from any merchants on CHIMPION powered online stores without any hiccup.

TOKEN ECONOMICS

COIN NAME: CHIMPION
TICKER: BNANA
NETWORK: EOS COMPATIBLE
TOTAL SUPPLY: 100 BILLION BNANA

COIN ALLOCATION

TEAM & ADVISORY: 5.15%
MARKETING: 7.22%
FOUNDATION PAYROLL: 10.31%
STRATEGY PARTNERS: 15.46%
COMMUNITY AIRDROP: 61.86%
THE CORE TEAM

https://preview.redd.it/5yhpxyrqpfe21.png?width=798&format=png&auto=webp&s=7b3b3a65b2750a2d96cc78da3cbb80f88ea23390



ROAD MAP
Website :https://www.chimpion.io/
White paper : https://www.chimpion.io/whitepape
User name Bounty0x : sobaint1
submitted by sobaint01 to u/sobaint01 [link] [comments]

PLAZA Token

"Plaza" is a systems integration company that employs cryptocurrencies and the blockchain. It offers five products: PlazaCard™, Plaza Merchants, PlazaDesktop™ and PlazaMobile™ applications, as well as PlazaConcierge™.
The "Plaza" is ecosystem fronts itself as an ecosystem that acts as the intersection between lifestyle and technology. The platforms aims to achieve its objective by integrating emerging technologies into the people’s daily lives and prioritizing utility, expedience, effectiveness and safety. There are a few touchpoints through which the project is engaging the user – these are the "Plaza" Concierge, the Plaza Card, Plaza Merchants, Plaza Mobile and Plaza Desktop.
The vision of "Plaza" is to produce a prevalent decentralized online business structure that empowers common customers to benefit by the imaginative features of blockchain development. By solidifying AI with blockchain and other creating progresses, the platform can restrain costs, increase utility, accommodation without exchanging them for the security and chance of customers.
It is also going to deliver an AI-assisted search engine which is going to be scouring the internet in order to deliver the best options when it comes to services and goods. This will include the services and products which are offered by sellers who are marketing directly. It is going to allow people to shop conveniently, to browse and merchants to easily upsell different additions.
Plaza’s Total bCommerce™ ecosystem integrates the fast and future-proof MerchantChain™—the FASTEST distributed ledger designed for commerce—and the Freedom Lifestyle™ suite of consumer-friendly product search & payment tools. Any seller, large or small, may build a presence within the Total bCommerce Ecosystem by tapping the power of the MerchantChain. It is the fastest blockchain project with incredible speeds of 15,000+ tps with less than 3 secs confirmation time, thereby, providing a stable and predictable commerce ecosystem. MerchantChain is referred by commerce sector experts as the Shopify or Magento in the distributed ledger space.
"Plaza" seeks to develop an AI-driven aggregator that will search the internet for the best options on products and services, including those offered by merchants marketing directly on their blockchain-based e-commerce platform, PlazaMarket™. In addition to a limited-supply "PLAZA" ERC20 tokens (transferable on the Ethereum blockchain), Plaza will be offering a fiat-backed transactions coin (PL$).
Decentralized Plaza ecosystem will include the following participants: foundation, platform, sellers, consumers, arbitrators, miners and chatbots.
PlazaMarket leveraging the AI powered metasearch engine does the “shopping” for you by looking up best deals and allows you place orders easily. There is also provisioning for you to make your purchase using crypto coins as well as fiat currencies.
"PLAZA" is the very first company around the world whose main goal is to combine the positive features of the payment industry and the e-commerce industry to leverage the technology and lifestyle. In addition, the project plans to provide important solutions, a contactless crypto-currency card(PLAZA CARD), payments by crypto currency in online and only a reward system.
Double Cryptocurrencies
Virtual monetary forms are inclined to unpredictability, a viewpoint that makes its impracticable to completely rely upon the "PLAZA" token for exchanges. Consequently, a crypto-upheld fiat monetary standards, PLAZA Dollar (PL$), was made. The previous is the driver of the "Plaza" biological community, making it the important medium of trade on the stage. On its part, PL$ offers merchants a true serenity, since its fairly estimated worth isn't subject to the circumstance estimation of set up cryptos, for example, Bitcoin.
The Plaza Token (PLAZA) is an ERC20 consistence utility token on Ethereum blockchain. It fuel the undertaking of the biological system and can be traded against any Cryptocurrency on assistant market after the Crowdsale.
Token Sale Details.
Token details
Token distribution Details.
Funds allocation Details.
Learn more about "PLAZA " Project
BountyOx User name : Sun12
submitted by Signal693 to CryptoICO [link] [comments]

PLAZA SYSTEM TOKEN

"Plaza" is a systems integration company that employs cryptocurrencies and the blockchain. It offers five products: PlazaCard™, Plaza Merchants, PlazaDesktop™ and PlazaMobile™ applications, as well as PlazaConcierge™.
The "Plaza" is ecosystem fronts itself as an ecosystem that acts as the intersection between lifestyle and technology. The platforms aims to achieve its objective by integrating emerging technologies into the people’s daily lives and prioritizing utility, expedience, effectiveness and safety. There are a few touchpoints through which the project is engaging the user – these are the "Plaza" Concierge, the Plaza Card, Plaza Merchants, Plaza Mobile and Plaza Desktop.
The vision of "Plaza" is to produce a prevalent decentralized online business structure that empowers common customers to benefit by the imaginative features of blockchain development. By solidifying AI with blockchain and other creating progresses, the platform can restrain costs, increase utility, accommodation without exchanging them for the security and chance of customers.
It is also going to deliver an AI-assisted search engine which is going to be scouring the internet in order to deliver the best options when it comes to services and goods. This will include the services and products which are offered by sellers who are marketing directly. It is going to allow people to shop conveniently, to browse and merchants to easily upsell different additions.
.
MerchantChain
Plaza’s Total bCommerce™ ecosystem integrates the fast and future-proof MerchantChain™—the FASTEST distributed ledger designed for commerce—and the Freedom Lifestyle™ suite of consumer-friendly product search & payment tools. Any seller, large or small, may build a presence within the Total bCommerce Ecosystem by tapping the power of the MerchantChain.
It is the fastest blockchain project with incredible speeds of 15,000+ tps with less than 3 secs confirmation time, thereby, providing a stable and predictable commerce ecosystem. MerchantChain is referred by commerce sector experts as the Shopify or Magento in the distributed ledger space.
"Plaza" seeks to develop an AI-driven aggregator that will search the internet for the best options on products and services, including those offered by merchants marketing directly on their blockchain-based e-commerce platform, PlazaMarket™.
Decentralized Plaza ecosystem will include the following participants: foundation, platform, sellers, consumers, arbitrators, miners and chatbots.
PlazaMarket leveraging the AI powered metasearch engine does the “shopping” for you by looking up best deals and allows you place orders easily. There is also provisioning for you to make your purchase using crypto coins as well as fiat currencies.
"PLAZA" is the very first company around the world whose main goal is to combine the positive features of the payment industry and the e-commerce industry to leverage the technology and lifestyle. In addition, the project plans to provide important solutions, a contactless crypto-currency card(PLAZA CARD), payments by crypto currency in online and only a reward system.
. Double Cryptocurrencies
Virtual monetary forms are inclined to unpredictability, a viewpoint that makes its impracticable to completely rely upon the "PLAZA" token for exchanges. Consequently, a crypto-upheld fiat monetary standards, PLAZA Dollar (PL$), was made. The previous is the driver of the "Plaza" biological community, making it the important medium of trade on the stage. On its part, PL$ offers merchants a true serenity, since its fairly estimated worth isn't subject to the circumstance estimation of set up cryptos, for example, Bitcoin.
The Plaza Token (PLAZA) is an ERC20 consistence utility token on Ethereum blockchain. It fuel the undertaking of the biological system and can be traded against any Cryptocurrency on assistant market after the Crowdsale.
.
Token Sale Details.
Token details
.
Token distribution Details.
. Funds allocation Details.
.
Learn more about "PLAZA " Project
White Paper : https:// www.plaza.systems/whitepaper
One Pager : https:// www.plaza.systems/one-page
Telegram : https:// t.me/plazatalk
Facebook : https:// www.facebook.com/plazasystems
Twitter : https:// www.twitter.com/PlazaSystems
BitcoinTalk : https:// www.bitcointalk.org/index.php?topic=2868561
Reddit : https:// www.reddit.com/PlazaSystems/
Medium : https:// www.medium.com/plaza-systems
YouTube : https:// www.youtube.com/channel/UC5C06Ma-O6-bqgJ76GogBMw
submitted by Signal693 to ico [link] [comments]

PLAZA TOKEN

"Plaza" is a systems integration company that employs cryptocurrencies and the blockchain. It offers five products: PlazaCard™, Plaza Merchants, PlazaDesktop™ and PlazaMobile™ applications, as well as PlazaConcierge™.
The "Plaza" is ecosystem fronts itself as an ecosystem that acts as the intersection between lifestyle and technology. The platforms aims to achieve its objective by integrating emerging technologies into the people’s daily lives and prioritizing utility, expedience, effectiveness and safety. There are a few touchpoints through which the project is engaging the user – these are the "Plaza" Concierge, the Plaza Card, Plaza Merchants, Plaza Mobile and Plaza Desktop.
Plaza’s Total bCommerce™ ecosystem integrates the fast and future-proof MerchantChain™—the FASTEST distributed ledger designed for commerce—and the Freedom Lifestyle™ suite of consumer-friendly product search & payment tools. Any seller, large or small, may build a presence within the Total bCommerce Ecosystem by tapping the power of the MerchantChain. It is the fastest blockchain project with incredible speeds of 15,000+ tps with less than 3 secs confirmation time, thereby, providing a stable and predictable commerce ecosystem. MerchantChain is referred by commerce sector experts as the Shopify or Magento in the distributed ledger space.
"Plaza" seeks to develop an AI-driven aggregator that will search the internet for the best options on products and services, including those offered by merchants marketing directly on their blockchain-based e-commerce platform, PlazaMarket™. In addition to a limited-supply "PLAZA" ERC20 tokens (transferable on the Ethereum blockchain), Plaza will be offering a fiat-backed transactions coin (PL$).
Decentralized Plaza ecosystem will include the following participants: foundation, platform, sellers, consumers, arbitrators, miners and chatbots.
PlazaMarket leveraging the AI powered metasearch engine does the “shopping” for you by looking up best deals and allows you place orders easily. There is also provisioning for you to make your purchase using crypto coins as well as fiat currencies.
"PLAZA" is the very first company around the world whose main goal is to combine the positive features of the payment industry and the e-commerce industry to leverage the technology and lifestyle. In addition, the project plans to provide important solutions, a contactless crypto-currency card(PLAZA CARD), payments by crypto currency in online and only a reward system.
The Plaza Token (PLAZA) is an ERC20 consistence utility token on Ethereum blockchain. It fuel the undertaking of the biological system and can be traded against any Cryptocurrency on assistant market after the Crowdsale.
Token Sale Details.
Token details
Learn more about "PLAZA " Project
BountyOx User name : Sun12
submitted by Signal693 to ICOAnalysis [link] [comments]

Best way to accept Bitcoin in an online shop?

As the title states, I'm launching an online shop and I'm looking to accept only Bitcoin and receive Bitcoin only.
I've done a couple of searches on the sub but cannot seem to land on a specific service just yet.
I'm mostly looking for a payment button, similar to Paypal's payment option but with Bitcoin only.
Any suggestions? I've heard negative things about the top contenders, which include Coinbase & Bitpay. I'm not looking to convert to fiat, just keeping bitcoin payments.
Closest I found to payment buttons with forms is GoCoin. Was wondering the communities input on this.
A majority of others include shop plugins for Magento & Opencart, i'm mostly looking at self hosted shops similiar to what shopify does with Buy buttons, for example:
https://www.shopify.com/buy-button
Thanks!
submitted by Farcin to Bitcoin [link] [comments]

How to add payment gateway on shopify store  Payment method on Shopify Store Accept Payment With Bitpay  Bitpay With Woocommerce  Accept Bitcoin For Your Ecommerce Best Payment Gateways For Shopify Coinbase Commerce 2018 Does Shopify Payments (STRIPE) Actually Prohibit Dropshipping?

Bitcoin is a form of digital currency – a new form of money, essentially – that is tradable throughout the world. It is not an official currency, however, which means that it operates without the involvement of banks or clearinghouse. Bitcoins can be transferred between individuals or between businesses to pay for goods and services, all without the use of a bank, so the fees for that ... How to accept Cryptocurrencies on Shopify Stores. In this article we are going to be discussing the benefits of accepting Cryptocurrencies on Shopify, as well as show you how to integrate the CryptocurrencyCheckout Platform into your Shopify store so that you can start accepting Cryptocurrencies like: Bitcoin, Litecoin, Ethereum, Dash, and many more as payment for your sales. Here we’re going to talk you through the steps of setting up your checkout so you can safely accept Bitcoin with Shopify. Customers looking to Buy Bitcoin Mining Hardware should check out StrikeMine. Step 1 – Open a Shopify Store. The first thing you’ll need is a Shopify store so if you haven’t got one now is the time to open a demo store. It will take you around 10 mins to do this. If ... Although Shopify does not accept Bitcoin at the moment to purchase its own software, it does enable its 500,000+ customers to integrate Bitcoin payments into their online stores. This is achieved through a partnership that the company made with Bitcoin payment processor BitPay. According to their website, thousands of Shopify merchants are already accepting Bitcoin. 13. 4Chan. 4Chan is an ... How to Accept Cryptocurrency Payments with Shopify Fox August 20, 2020 17:27 ... Shopify is a powerful, versatile online store for any business. BitPay works directly with Shopify to integrate cryptocurrency payments directly into Shopify's hosted checkout system. Enabling cryptocurrency payments in your Shopify store is simple and requires no coding knowledge. You can get started by following ...

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How to add payment gateway on shopify store Payment method on Shopify Store

How To Accept Bitcoin on Shopify - Duration: 10:21. Matthew Sabia 16,064 views. 10:21. 7 Mistakes I Made With Google Shopping ADs While Dropshipping - Duration: 14:32. ... How To Accept Bitcoin on Shopify - Duration: 10:21. Matthew Sabia 16,100 views. 10:21. Infinite Banking and Velocity Banking With A Credit Card EXPLAINED With Denzel Rodriguez - Duration: 57:05. ... Hey guys, someone recently e-mailed me asking about whether Shopify Payments which is run by Stripe actually allows dropshipping. Here's the interesting thing. As you'll see in this video if we ... shopify bitcoin payment shopify payment credit card shopify credit card payment gateways paymentcloud shopify shopify cod payment shopify cbd payment processor shopify checkout payment shopify ... How To Accept Bitcoin on Shopify - Duration: 10:21. Matthew Sabia Recommended for you. 10:21 . Dropshipping with Crypto for Increased Profits - Duration: 18:03. Tailored Agency 757 views. 18:03 ...

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