Visa & LINE Pay to Create DLT-Based Fintech Services

It should be noted that neither the developers nor the payment giant declare it is 100% about cryptocurrencies, "alternative currrencies" phrase is used
07 June 2019   328

The payment giant Visa, in cooperation with the Japanese application developer LINE Pay, will provide customers with access to new fintech services on the blockchain. It is reported by CoinDesk.

Thus, within the framework of cooperation, products will be issued that will allow making B2B- and cross-border payments, as well as carrying out “alternative currencies transactions”.

Thanks to the cooperation, LINE Pay users will also have the opportunity to work with Visa digital cards in mobile wallets.

With Visa’s global network and infrastructure, LINE Pay users will be able to enjoy the advantages of that innovative, worldwide network.
 

Youngsu Ko

CEO, LINE Pay and LINE Fintech Company.

It should be noted that neither the developers nor the payment giant declare it is about cryptocurrencies. Nevertheless, last year the parent company of LINE Pay opened a unit focused on working with cryptocurrency services.

In particular, the Line messenger launched its own public blockchain Link Chain and a cryptocurrency called Link.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.