Ifpaytt - New LApp by Blockstream Announced

Last applocation within the "Week of LApps" presented
28 March 2018   507

Blockstream introduced the last application within the "Week of LApps" - Ifpaytt (If Pay Then That). Created on the basis of the IFTTT infrastructure (If This Then That), it is declared as a "companion" software for Paypercall, which allows you to configure a micropayment system without deep knowledge of programming.

It is noted that while Papercall is designed for professional Node.js developers, Ifpaytt allows to take advantage of the dynamic system of micropayments for not a pro coder.

Based on IFTTT, Ifpaytt uses the Lightning Charge and Paypercall functionality, allowing to create applets using combinations of triggers and actions. Payment of an invoice in the Lightning Network in this case becomes a trigger, and when it is triggered - a pre-programmed action is performed. The user just needs to create an IFTTT applet that connects them together. Detailed instructions can be found in the corresponding repository on GitHub.

From the client's point of view, the process will look exactly the same as when using Paypercall: when you navigate to the seller's URL, they will be provided with an account after payment which will give access to the service.

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   79

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.