Tagged: pos

October 25, 2024 @ 4:07 pm By Omar Faridi  |  

Only three PoS or proof of stake blockchains are currently offering yields that are above 10%, according to an update from CoinGecko. As noted in the detailed research report from CoinGecko, Cosmos (ATOM) has the highest yield among blockchains, offering staking yields of “up to… Read More

October 23, 2023 @ 9:32 pm By Omar Faridi  |  

It’s been several years since financial services upstarts reimagined buy now pay later (BNPL) as a point-of-sale (POS) payment method. Since then, this once-obscure way of transacting has “been placed front and center at the checkout by merchants worldwide, and 28% of U.S. consumers now… Read More

July 10, 2023 @ 7:01 pm By Omar Faridi  |  

PhonePe announced the launch of its Point-of-sale (POS) device that enables merchants to accept payments via Debit Cards, Credit Cards and UPI, providing them with a simple and seamless settlement experience. The device comes preloaded “with the PhonePe POS App and supports transactions through tap/swipe/dip and… Read More

June 23, 2023 @ 7:31 pm By Omar Faridi  |  

Algorand, the “pure” proof-of-stake Layer-1 blockchain network, continues to deliver the advanced technology required to power real world applications with its latest protocol upgrade that unleashes faster block times, as well as other improvements. This recent protocol upgrade, “now live on Mainnet, reduces block time… Read More

April 22, 2023 @ 7:42 pm By Omar Faridi  |  

Global payment technology firm and mobile point-of-sale pioneer Miura Systems recently announced the launch of its new, elegantly designed, Miura Android Smart POS payment device. MASP reportedly “leverages the collaborative open-source world of Android to make application development and ongoing management simple, seamless and secure.”… Read More

November 17, 2022 @ 10:07 pm By Omar Faridi  |  

Spare, an open banking platform licensed by the Central Bank of Bahrain, has announced its partnership with Eazy Financial Services, a Bahraini Payment Services Provider that is focused on “specializing in POS and online payment gateway acquiring solutions to embrace opportunities in Open Banking.” The… Read More

November 7, 2022 @ 3:09 pm By Omar Faridi  |  

Global payment service provider, Computop, has announced the launch of its new Cloud POS Interface, a solution that will “allow retailers to operate card terminals from any web-based ERP, store, or POS system through the Computop Paygate.” Suited for physical stores and operations with multiple… Read More

September 25, 2022 @ 7:59 pm By Omar Faridi  |  

CommentSold, the  live video commerce solution enabling retail businesses to unlock sales growth through live selling, announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers “gives… Read More

September 15, 2022 @ 7:46 am By Omar Faridi  |  

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

September 1, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini notes that the most consequential Ethereum network upgrade yet, called “The Merge,” is planned for mid-September this year. The upgrade will “codify Ethereum’s long-awaited move to Proof-of-Stake (PoS) from its existing Proof-of-Work (PoW) consensus mechanism.” Following years of planning, and numerous… Read More

August 30, 2022 @ 2:47 pm By Omar Faridi  |  

Ethereum’s Merge is due to happen soon, and it might “impact both Ether and the larger crypto market in a big way,” the Okcoin team noted. Ethereum’s proof-of-work chain will merge with its proof-of-stake chain soon, the update from Okcoin noted while adding that the… Read More

August 15, 2022 @ 8:31 am By Omar Faridi  |  

Michael Nadeau, the Director of Ecosystem Strategy at Invenium and Founder of The DeFi Report, recently noted that the Ethereum merge to proof of stake is “setting up to be one of the most important moments in the history of crypto.” The investing community is “bullish… Read More

July 5, 2022 @ 8:21 am By Omar Faridi  |  

Vibrant, the Danish app that turns Android mobile devices into points of sale, has raised a €4 million seed round led by byFounders, with Luminar Ventures participating. Vibrant’s mission is “to make monetary merchant-customer transactions easier and more accessible than ever before.” According to Visa,… Read More

July 3, 2022 @ 1:17 pm By Omar Faridi  |  

Finastra recently unveiled its embedded consumer lending solution, “enabling access to traditional regulated lending options for consumers at point-of-sale (POS).” Financial institutions, distributors and merchants will “benefit from a platform that makes it easy for their customers to access lending options.” For end consumers, Finastra… Read More

April 12, 2022 @ 7:58 am By Omar Faridi  |  

  Ethereum’s (ETH) very first mainnet shadow fork has gone live (as of April 11, 2022). This, as the developers of the second-largest digital currency by market capitalization continue the gradual transition to a proof-of-stake or PoS (blockchain) consensus model. The shadow fork is a… Read More

March 27, 2022 @ 1:27 pm By Omar Faridi  |  

Blockdaemon is pleased to confirm that they have added support for Ethereum’s (ETH) open-source client software “in preparation for the ’the merge’.” As part of their ongoing commitment, they’re offering $900,000 worth of IBM Cloud credits to fund Ethereum client stability testing. This will directly… Read More

March 20, 2022 @ 9:09 pm By Omar Faridi  |  

We recently connected with William Anderson, VP of Engineering at Voice, who explained why multichain platforms ensure accessibility and connectivity across the NFT ecosystem. Voice, the NFT platform for creators (which had started off as somewhat of a blockchain or DLT-powered social media platform but… Read More

March 16, 2022 @ 4:33 pm By Omar Faridi  |  

Moneyhub, the Open Data and payments platform, is teaming up with global electronics manufacturer Samsung in order to facilitate the “first” Open Banking payments on a retail self-service point-of-sale (POS) Kiosk. Moneyhub’s Open Banking payment tech along with Samsung’s self-service ordering and payment solution, “will… Read More

February 7, 2022 @ 8:43 am By Omar Faridi  |  

Cardano (ADA) initially gained attention back in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of that year. Over the years, the initiative persisted through an extended crypto bear market to earn its place among the top crypto-assets by market cap. In… Read More

January 24, 2022 @ 10:37 pm By Tony Zerucha  |  

Digital currency Decred (DCR) has added post-quantum secure mixing to Stakeshuffle, its opt-in privacy system, the company said today. The release of Decred v1.7 provides protection for privacy of mixed coins against quantum computers, a move it claims is an industry first. Decred v1.7 also… Read More