TagPeer to Peer

Africa Conducts Over 17,000 Peer-to-Peer Trades Per Day Using Gift Cards

Paxful, the peer-to-peer alternative to LocalBitcoins, has reported to CCN that over 17,000 peer-to-peer trades per day take place in Africa using their platform. The majority of these trades take place with iTunes and Amazon gift cards as the payment methods. You read that right: people in Africa are acquiring Bitcoin by using gift cards, which they can buy in their local fiat. Africa is the top...

'Human ATM': Flash Cryptocurrency Releases Peer-to-Peer Functionality for Mobile

Flash is a lesser-known Scrypt-based cryptocurrency which has a growing presence in Venezuela and Africa. It is not designed to be a proof-of-work system, although it uses mining to verify transactions and secure the network, but instead focuses on transactions which can settle in a matter of seconds. Their mobile wallet recently integrated a "human ATM" peer-to-peer trading functionality which...

The Hegemony of Exchanges to be Challenged by Global Peer-to-Peer

Exchanges, as well as banks, perform similar functions during the movement of currencies. However emerging decentralized digital exchanges are mirroring fiat banks in terms of rules, fees, and regulations. It is true that a centralized exchange does not have the same control over a person’s currency like banks, however, their fees, rules about payment option, waiting times, and identification...

High Finance Takes On Peer-To-Peer With Roolo P2P Bitcoin Trading Platform

Peer to peer bitcoin trading site Roolo was launched in February 2015, aiming to be the world’s fastest, safest and most inexpensive p2p bitcoin trading site. Based in London, Roolo is owned and operated by experienced professionals who have spent considerable time in traditional finance. Roolo features multisig wallet technology, with instant transfers and fees of 0.5% on one side of the trade...

Messaging App Snapchat Introduces Peer-to-Peer Payments with Snapcash

Mobile messaging app, Snapchat has just jumped into the growing peer-to-peer payments arena with the launch of Snapcash. Snapcash, created in partnership with payment service Square, allows users of the popular ephemeral photo-sharing app to add a debit card to their account and instantly send money to a friend. By simply typing the dollar sign and an amount into Snapchat’s text-chat feature and...

Is the P2P Movement Taking Off?

Peer-to-peer, or P2P, is a revolution that involves the decentralization of established goods, services, and institutions. Bitcoin's fundamental technology, the Blockchain, is leading the way for the P2P revolution. The Blockchain is a trust-less ledger of transactions that prevents forged data at extremely cheap costs. P2P payment systems are probably the largest change that will occur in this...

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