W3C advocates currency-agnostic, browser-based web payment standard

W3C advocates currency-agnostic, browser-based web payment standard

A representative working loosely with the Web's standards body set out his vision for a web-based payments standard at the Inside Bitcoins conference today. Manu Sporny, who works with the World Wide Web consortium (W3C), is part of a working group on Web Payments. He advocated a standard payment mechanism that would be currency-agnostic, and which would do away with traditional online payment methods such as entering credit card data, or making electronic payments which proprietary networks such as PayPal. "Credit card numbers are effectively passwords to your bank account. You're giving....


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