PayPal Files Patent for fresh Digital Currency Payments System

referring to ByAfter forging a trail for retailer acceptance of Bitcoin payments back in 2014, PayPal has been surprisingly quiet while it comes to digital currency developments. On March 1st, 2018, PayPal filed a patent app for an "Expedited Virtual Currency Transaction System" by the U.S Patent & Trademark Office (USPTO). Faster digital currency payment processing for retail transactionsIn the patent application, PayPal specifics a way of expedited digital currency payment processing which lowers while taken for payments to be sent among user & merchant. PayPal acceptance of Bitcoin payments in 2014After separating from eBay in 2014, PayPal declared its merchants would be capable accept Bitcoin & digital currency payments out of an integration by Braintree. PayPal Files Patent for an "Expedited Virtual Currency Transaction System"

Outline Of A fresh World Currency System

Monetary disruption of the world economyPrice-formation takes place in a flexible interchange average system among currencies out of supply & demand. World Currency SystemThe lead currency can be an artificially created unit of account, interchange averages among currencies can be saved within a band of ± 2.5%. The WCU would be the pivotal point, key for setting interchange averages among the currencies participating in the fresh world currency system. The IMF would thus take on the function of 'lender of final resort' in the fresh universal currency system. We going to then be unlock to ideas for a fresh fixed interchange average system for the world economy.

Outline Of A New World Currency System

Virtual Currency Offerings probably chock a fresh Peak by Telegram Coin Sale

as informed in A 3rd $850 mn round Information Systems in the works after that, according to documents associated by the offering. But the venture capitalists that have invested the generality in the virtual currency space, such as Union Square Ventures, Andreessen Horowitz, Greylock & Polychain Capital, have stayed away. The virtual currency network which Telegram Information Systems building, known as the Telegram unlock Network, or TON, would let users of the Telegram application to send each other payments the time they aren't in the same country. If the current round increases another $850 million, Telegram told in documents which it probably hold yet another round, to increase $850 mn more. Despite those precautions, many virtual currency Businessmen told the Telegram offering was also risky.

collected by :Mathio Rix

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