2024-07-18 Instant Bitcoin payment developed by kevin.
Web3 coding company kevin. created a cool instant payment solution based in Bitcoin!
It is a wallet-to-wallet solution and absolutely new to the market, as it combines Point of Sales payment devices with cryptocurrencies e.g. crypto based credit debit cards from Binance or Coinbase.
Very interesting to see how Bitcoin changed over the years. Bitcoin inventor Satoshi Nakamoto created a peer-to-peer version of electronic cash allowing payments to be sent directly from one party to another without going through a financial institution. Turned out, with block times of 10 minutes for everyday payments, this is impractical. Who wants to wait that long on a supermarket cashdesk?
Therefore, the narrative changed during the last few years, Bitcoin is believed to be a store of value, a kind of 'digital gold'. Wonderful. However, with new solutions evolving Bitcoin is returning to the original idea of its inventor, Nakamoto and
NOW, we see more payment solutions with Bitcoin with, like the one from Ingenico and kevin.
Absolutely awesome! Kevin developed a payment solution using Lightning Network on the PPS (point-of-sale and NOT proof-of-stake guys 🥳). Crazy cool!