Australian clinic starts accepting payments in crypto

Dental on Flinders clinic accepts BTC, BCH, DASH, LTC, ETH, Ripple, and Dentacoin, and plans to accept up to 50 cryptocurrencies as a method of payment for dental services 
09 January 2018   1169

Dental on Flinders, a dental clinic located in Melbourne, offering all aspects of general, restorative and cosmetic dentistry, has announced accepting cryptocurrency as a means of payment.

Australian dental clinic states that it will be accepting a range of different cryptocurrencies, aiming to accept up to 50 major currencies, and having preference over the currencies with fast transaction times and low fees such as BCH, LTC and DASH.

In his white paper, Satoshi Nakomoto envisioned Bitcoin to ultimately be a universal currency which could be used in exchange for goods and services. We’re excited to be one of the first to implement this and we invite you to get involved!
 

Dental on Flinders statement towards cryptocurrency

On January 9 of 2018, it came to light that the advanced Australian dental clinic added Dentacoin (DCN) to the list of accepted cryptocurrencies. 

Dental on Flinders became the sixth dental clinic to accept Dentacoin as a means of payment, while the other partner clinics include F3T Dental Clinic (London, United Kingdom), CONTIDENT (Budapest, Hungary), Swiss Dentaprime (Varna, Bulgaria), Dentech Dental Care (Pune, India), Mr. iTeeth (Taipei City, Taiwan).

Dentacoin is showing an incredible rise in price lately, having increased 800% during past 7 days and jumping to the 9th position in the list of tokens ranked by market capitalization. The market cap of the coin jumped from $165 million on January 2 to the point of $2,4 billion on January 8.

Dentacoin charts january 2018Dentacoin Charts for January 2018

At the moment of press, these are the main market parameters of Dentacoin:

  • Average Price: $0,0046
  • Market Cap: $1 502 947 878
  • 24h Volume: $16 772 000

ACINQ to Release Lightning API For Bitcoin Mainnet

Strike is API for easy acception of Lightning network payments
25 May 2018   33

Developers from ACINQ presented a version of Strike API for Lightning-payments in the main bitcoin network.

Strike is an API for easy acception of Lightning payments. From a technical point of view, the service works as follows: ACINQ receives and aggregates incoming payments, and then periodically sends transactions to the recipient's wallet. In other words, companies can offer their clients instant and low-cost payments, receiving funds through the usual cash transaction.

We take a 1% fee on payments, and that’s it. Automated payouts to your Bitcoin wallet are free of charge, because we batch them among merchants. The threshold for automated withdrawals can be set between 0.1–1 BTC.
 

ACINQ

Also, users can make a payment to the wallet manually, however in this case you will have to pay a commission of 0.5 mBTC.

According to ACINQ representatives, although using Strike and assuming the need to trust a third party, the level of risk is minimal, since the service sends an onchain-transaction every time the total amount of payments reaches a user-adjustable threshold.

The developers noted that the Strike integration with the WooCommerce plugin is currently underway. In addition, ACINQ is considering the possibility of partnership with the Canadian Internet company Shopify, which specializes in developing software for online and retail stores. The company serves 500,000 trading companies with a combined turnover of $ 45 billion.