Tag: payments
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Peaq Unveils Groundbreaking Robotic Delivery System Capable of Onchain Payments
Peaq has successfully demonstrated a simulated robotic delivery system that can autonomously process onchain payments, a significant advancement for decentralized physical infrastructure networks (DePIN). The system leverages robotic.sh, a new marketplace operating on peaqOS, the company’s operating system designed for machines. This innovation marks a crucial step towards enabling real-world machines to interact with digital…
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Tether, Lydian, and Shift4 Forge Alliance to Bring USD₮ Payments to Over 200,000 Merchants, Bolstering Stablecoin Utility in Mainstream Commerce
In a significant move poised to accelerate the integration of digital currencies into everyday commerce, stablecoin issuer Tether has announced a strategic collaboration with payments technology provider Shift4 and blockchain infrastructure firm Lydian. This partnership is set to equip an extensive ecosystem of over 200,000 merchants with the capability to accept USD₮, the world’s largest…
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Aon Partners With Coinbase and Paxos to Enable Stablecoin Insurance Premium Payments in Landmark Proof of Concept
Aon plc, the world’s second-largest insurance broker, has officially announced a successful pilot program that integrates blockchain-based stablecoins into the traditional insurance premium payment workflow. In a strategic collaboration with industry leaders Coinbase and Paxos, Aon demonstrated a proof of concept (PoC) that allowed for the seamless settlement of insurance premiums using dollar-backed digital assets.…
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Barclays Explores Proprietary Blockchain Platform for Payments and Deposits Amidst Industry-Wide Digital Asset Push
Barclays, the venerable British multinational banking giant, is reportedly embarking on a significant exploration into the development of its own proprietary blockchain platform, a move that could fundamentally reshape its approach to payments and deposits. This ambitious initiative, revealed by Bloomberg on Friday and corroborated by sources familiar with the ongoing discussions, signals a strategic…
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Insurance Giant Aon Pioneers Stablecoin Premium Payments in Landmark Collaboration with Coinbase and Paxos
Aon plc, a leading global professional services firm and the world’s second-largest insurance broker, has officially entered the digital asset space by successfully demonstrating a proof of concept for insurance premium payments utilizing dollar-backed stablecoins. This initiative, conducted in partnership with the prominent cryptocurrency exchange Coinbase and the regulated blockchain infrastructure platform Paxos, marks a…
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Polygon Drastically Increases Network Capacity to 140 Million Gas, Boosting Throughput for Global Payments and Mass Adoption.
Polygon, a leading Layer 2 scaling solution for Ethereum, has significantly advanced its mission to become a cornerstone of global payments infrastructure by deploying a major network upgrade earlier today. This pivotal enhancement, known as the Giugliano hardfork, is engineered to dramatically increase the network’s throughput and overall chain capacity, solidifying Polygon’s competitive edge in…
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