Interview: CEO of Payments Platform Provider nanoPay
Loyalty and payments platform provider nanoPay had a memorable start to 2016. The Toronto-based startup acquired MintChip, a digital currency developed by the Canadian Mint as a fiat alternative to bitcoin and originally backed by the Canadian dollar. With the acquisition, nanoPay CEO Laurence Cooke sees an inevitable future wherein digital currencies will revolutionize society and the financial system, from the unbanked to the biggest financial institutions in the world. CCN spoke to a representative of nanoPay about the company and founder and CEO Laurence Cooke to hear about his take on....
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Canadians will soon be able to make digital transactions in their country’s fiat currency. If the owners of the digital currency platform, MintChip, have their way, other fiat currencies will soon follow. Toronto-based Loyalty Pays Holdings corp., a subsidiary nanoPay, a loyalty and payments platform provider, has acquired the assets of MintChip, a digital currency developed by the Royal Canadian Mint. MintChip uses secure asset stores to move funds that any national currency can recognize, nanoPay noted. Funds can be exchanged without an intermediary, both online and offline. The process....
As of December 18, 2015, all assets related to MintChip – a digital currency developed by The Royal Canadian Mint – were transferred to nanoPay Inc., a Fintech company based in Toronto that provides loyalty and payments solutions for retail and ecommerce merchants. According to the Royal Canadian Mint, the MintChip enables consumers and merchants to exchange value almost instantly at a fraction of the cost of other alternatives. The chip itself is a secure smartcard integrated circuit that provides an electronic purse functionality, and can be inserted into all sorts of devices from....
Tox, an encrypted instant messaging platform, has plans to experiment with Bitcoin micro-payments. Tox connects users to one another directly and uses advanced cryptography to encrypt all chats. Users of the platform will be able to voice call, instant message, video call, and exchange files, all with top-notch security and privacy in all conversations. The lead developer of Tox announced plans to possibly integrate Bitcoin payments through the platform in the future. Currently, the platform is in early development, though users can still download the software that works quite well and....
Crowd payment solutions provider Mobbr announced the launch of a crows payment platform known as Mobbr Crowd Payments, which also has Bitcoin as one of its currencies. The platform is the world's first and only crowd payments platform for the collaborative economy. Mobbr's platform activates the potential of crowd-sourced labor. Users of the platform sign up for an account which they can use to look for tasks and team members with whom they can collaborate on accomplishing the tasks therein. One of the unique features of Mobbr is the "social salary." The social salary is a functionality....
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