Several times now, systems for micropayments tried and failed to capture the market because of steep fees or impractical digital currencies. However, with the advent of blockchain and improved digital payments architecture, micropayments in real currencies are now possible. This post explains how modern payment rails enable micropayments that work in today’s world.
Provide Payments
In this case study for Provide's blockchain service packs, we share the background and results of a technical security audit of the Counterfactual smart contracts for Connext v2, the popular peer-to-peer micropayments infrastructure.
The Provide Payments engineering team just added two new services for Payment Hubs and KYC to the Provide Platform.
Provide CEO, Kyle Thomas joins Blockchannel's podcast hosts Steven McKie and Dr. Corey Petty to discuss how companies are building on blockchain, and how Provide is inspiring the enterprise to use blockchain today.
Provide now builds the Provide Platform, and builds ON the Provide Platform. New turnkey solutions designed to make blockchain benefits more accessible will be coming soon. The first solution will be Provide Payments, followed by Provide Privacy.