Altcoin partnership UNOCS launches Bridge service for instant merchant payments
UNOCS, the altcoin partnership between Feathercoin, PhenixCoin and Worldcoin, has announced a new payment system. This system enables instant payments between consumers and merchants. Called UNOCS Bridge it effectively works as an escrow service where users load their account with digital currency for instant payment to merchants. The process by which UNOCS Bridge works is similar in principal to a BTC exchange voucher or a preloaded credit card. The transaction has already been verified by the network by virtue of funding a Bridge account all before funds are passed to a merchant. UNOCS....
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UNOCS, the partnership designed to take several altcoins mainstream, has been dismantled after Feathercoin announced its departure from the scheme. The United Open Currencies Solutions project, originally announced just two months ago, met its end unexpectedly this weekend after one of the founding coins, Feathercoin, publicly announced that it had pulled out. This left the other two coins, Phenixcoin and Worldcoin, unable to continue with the project, said representatives. Feathercoin's new spokesperson, Chris Ellis, made the announcement at 4pm UK time via email, and in a post in the....
A new altcurrency partnership has just been announced. The United Open Currency Solutions (UNOCS) group consists of Feathercoin (FTC), Phenixcoin (PXC) and WorldCoin (WDC). The three currencies intend to merge their development teams while keeping the three currencies separate. The UNOCS website, has a nine day countdown, indicating there'll be more to find out then. The three coins are planning to form a complementary set as they have each been created with distinct focuses. For example, Feathercoin aspires to be a cryptocurrency for consumers. This was demonstrated by the Feathercoin....
The PhenixCoin altcoin is in disarray, after its sole developer disappeared from the scene. Its community manager and PR handler have both walked away from the initiative, and the founder of the coin has stopped communicating. PhenixCoin, launched in May, was one of the three coins that were part of the original UNOCS initiative to create a software bridge between altcoins. PhenixCoin had been criticized by community members on the BitcoinTalk forum, who slated it for missing development deadlines, making unexpected hard fork decisions, and for its pre-mine of up to 1 million coins. Last....
International payments platform GoCoin has announced a technology partnership with point-of-sales (POS) service provider Apriva. Apriva's Gateway connects payment devices, merchant acquirers and payment processors to deploy and manage wireless payments. The new deal will allow it to process payments in multiple digital currencies including bitcoin, litecoin and dogecoin. Stacey Finley Tappin, Apriva's senior vice president of sales and marketing communications for North America, told CoinDesk that the company strives to offer products and services to its more than 1,000 channels that allow....
Coinbase, a popular Bitcoin exchange and online wallet provider, has announced the launch of its Instant Exchange. This new service will allow Coinbase users to send and receive Bitcoin payments instantly. Coinbase says that the Instant Exchange will protect people from Bitcoin price volatility, since they will be able to complete transactions so quickly. From Coinbase’s official announcement: “Coinbase has long offered merchants the ability to automatically convert received bitcoin into their local currency, and now Instant Exchange is available to anyone with a local currency wallet.”....