In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
Speaking on the sidelines of the Fortune Global Forum in China, Yahoo co-founder Jerry Yang said: "Bitcoin as a digital currency has not yet reached its full potential. People don't use it to transact, they use it as an investment asset. Personally, I believe that Bitcoin will play a role in the future of our society, it will become a new medium of exchange. For now, people are investing in it purely for income, rather than using it as a currency."
Arslan Ainakulov's pizzeria began accepting cryptocurrency payments quite recently. So far, two people have purchased pizza using virtual money.
CryptoKitties is a new blockchain game where you can buy, breed and trade virtual cats with Ethereum coins. The project was launched a week ago by AxiomZen and at first glance resembles a blockchain version of the famous Pokemon cards. Over the past few days, the project has gained explosive popularity.
Russian presidential candidate and business ombudsman Boris Titov said that he would legalize Bitcoin and other cryptocurrencies if he wins the elections. He also told reporters that his team abandoned the idea of creating a national cryptocurrency.
At the moment, there are a lot of opportunities to spend bitcoins in Ukraine: you can buy clothes, auto goods, furniture or mining equipment with them, and a large online hardware store recently pleased cryptocurrency owners with the opportunity to buy a phone for bitcoins.
The Japanese company Sony has filed a patent application to create a blockchain-based educational platform for storing and sharing student performance data.
Today at a meeting of the Council of Ministers of the Republic of Belarus it was announced that the main driver of the economy in 2018 will be the IT sector.
Advisor to the President of the Russian Federation on Internet issues German Klimenko left his post as head of the Internet Development Institute. Now Klimenko will develop the Russian Association of Cryptocurrency and Blockchain (RACIB), taking up the post of head of the supervisory board.
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