Express

Australian Payments Giant Set To Trial Micropayments Model Using Distributed Ledger Technology And Stablecoin

Emily Mason

Summary: Australian debit card network Eftpos is using a digital stablecoin built on Hedera Hashgraph to trial micropayments system, as reported by Coindesk. The project is testing micropayments models including pay-per-page or watch-per-second streaming. If the project is successful, Eftpos will likely start looking into distributed ledger technology to support an overhaul of payments structures.  Eftpos's ...

Australian debit card network Eftpos is using a digital stablecoin built on Hedera Hashgraph to trial micropayments system, as reported by Coindesk.

The project is testing micropayments models including pay-per-page or watch-per-second streaming. If the project is successful, Eftpos will likely start looking into distributed ledger technology to support an overhaul of payments structures. 

Eftpos's debit card payments system recorded more than 2 billion transactions in 2019. Hedera's native coin HBAR is currently trading at $0.04.

By Emily Mason

Last Update:

Tags: ,,
Link: Australian Payments Giant Set To Trial Micropayments Model Using Distributed Ledger Technology And Stablecoin   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 9 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago

    • You need to login to comment.