Metal Wants to Solve Payments for the Unbanked with the Bitcoin Blockchain
Hacked discussed with Marshall Hayner the evolution of his startup, called Trees. Once focused on delivering marijuana by drone – a la Snoop Dogg’s big music via drone push – the service has since been put on hold as Hayner develops Metal, a consumer-friendly approach to melding the world of high-risk payments, rewards and blockchain technology. What’s on the agenda for Metal in the coming months? MH: We will be unveiling our payment processing platform, which uses blockchain technology to solve a lot of problems in payments. Circle and others have alluded to using Bitcoin, but their....
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Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk.
Forex-Metal now allows customers to trade against the price of bitcoins and litecoins. Note: This is a sponsored story. Forex-Metal, a Forex and CFD broker, has announced that they will be adding the availability of Bitcoin and Litecoin trading instruments on their Forex platform. The availability of exposure to the Bitcoin price on traditional Forex exchanges is something that many people have been pointing at when it comes to creating a more stable price, and Forex-Metal is one of the first companies in their industry to offer this kind of unique method of trading assets based on the....
A vast majority of the population in Tunisia is unbanked, giving rise to the need for an alternative payments system. The country is currently able to tap into the blockchain technology or distributed ledger to be used for its mobile payments platform under Swiss software startup Monetas and the La Poste Tunisienne or postal office. Monetas will serve as the software provider, offering the technological architecture necessary to support the blockchain payments system similar to that of MPesa. Intersystem Blockchain Payments. While there are several alternative payments systems offered in....
Estimates have it that half of the world's adult population of about 2.5 bln people have no access to banking. Cointelegraph spoke with Alex Fork, CEO and founder at Humaniq, a Blockchain startup that aims at connecting the unbanked to the global economy with just a smartphone. Fork explained to us how they use Blockchain to help the unbanked. Symbols instead of text. Cointelegraph: The fact is, most unbanked people are illiterate. What is the unique aspect of your services that will make it usable to the uneducated? Alex Fork: This is a challenge we identified right away, and our solution....
British bitcoin voucher service Azteco and South African startup Xoin have separately launched services designed for one potentially huge emerging market; namely, the unbanked populations of Africa. Azteco, which claims it is "the easiest way to buy bitcoins", has announced that it is in the final stage of development of its voucher product and is already accepting applications from prospective vendors. Xoin is also introducing prepaid bitcoin vouchers that allow customers to buy bitcoins with cash. Both services are designed to appeal to unbanked and underbanked markets, with an emphasis....