Connect with us

Don't Miss

Paypal (NASDAQ:PYPL) and Verge (XVG) to partner soon?

Published

on

Paypal
READ LATER - DOWNLOAD THIS POST AS PDF

At this point, we don’t know exactly what could be bad for the crypto environment; the potential failure of Mindgeek modernizing Verge (XVG) or if it happened to be real the rumors that Verge has been targeting Paypal (NASDAQ:PYPL) before closing a deal with Pornhub. But anyway, does this mean Verge and Paypal can potentially work together any soon?

Nothing to be alarmed for! It is well-known that Verge is accepted as a payment method on several websites related to entertainment films for adults. However, all of the speculations that were so heated around the topic before the 17th have declined to go away. In fact, now the main concerns about the XVG token, are what could it be its next potentially huge and remarkable partnership, instead of how the Verge price will look like in the next few weeks.

Even though at the moment there’s actually not a key reason to believe such actions may happen, disregarding the subject would be ignoring some of the facts that have been shining sparkle in the panorama.

Potential reasons why a partnership between Verge and Paypal might be happening

So, what are the actual reasons to believe a potential partnership betwixt Verge (XVG) and Paypal (PYPL) could be a real thing? Many may think it is not possible, considering the fact that Paypal has been very severe when it comes to putting rules against cryptocurrencies. Yes, that we can’t deny, but still there are a couple of pieces not fitting in the puzzle.

For instance, we can quote the recent “fake” emails that were sent to a great number of Paypal users, an issue to which the digital payment platform still hasn’t responded in an appropriate way.

Regarding the matter, besides responding to the inquiries of users under concern, the payment platform has not made an official statement yet, an action that perhaps could encourage a little to less demeaning appreciation about cryptos. As a consequence, this allows Paypal to analyze better the privacy features Verge offers.

It is very likely that this snatched data hasn’t been extracted from the data servers of Paypal. However, still proves how fragile privacy looks like for this platform, and it may make developers think about protocols such as Wraith, Tor, or i2p in order to protect better the data stored on the servers. Also, a unique opt-out and a logic switching between public and private layers is something developers should take into consideration for making such integration a possibility.

The whole situation opens the door for questioning privacy, and consequently, looking for a solution. In fact, until Paypal decides to make an official statement regarding this, the hidden message will be “maybe we need the help of cryptos in order to provide data privacy”.

So the truth is, Paypal (NASDAQ:PYPL) needs tools and technologies to improve the privacy they provide, and the main candidate to make this happen is Verge (XVG).

Furthermore, the partnership Verge may be trying to make with Pornhub could possibly be a stimulant in the whole Verge (XVG)/Paypal (PYPL) pair. As a matter of fact, around 100 million people visit the adult entertainment site every day, many of which have a Paypal account and use it for paying these services.

The same way, privacy is one of the things people who frequently visit these sites value the most, and guess who can surely provide that anonymity? That’s right! Verge seems to be the perfect candidate for this position.

Can you imagine a deal allowing to buy XVG using Paypal directly? Or transforming XVG into fiat using the PayPal platform? That would definitely create a growth environment for both companies, and even better, for the whole crypto sector.

Conclusion

Verge represents a great opportunity in an industry that every time seeks more solutions based on the blockchain. From faster transactions to low fees and privacy, blockchain technologies have the best of the best.

In the meantime, Verge (XVG) continues having a great performance passing from a -30% decrease to a -5%, a boost of 12% that granted the coin with the value of $0.070 against the United States Dollar. But the road does not finish there, it all appears that if the bullish behavior continues as currently, the coin possibly will reach the $0.1 value this weekend.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of ebayink via Flickr

Don't Miss

How Cryptocurrencies Will Change Online Gambling in the Future

Published

on

online gambling
READ LATER - DOWNLOAD THIS POST AS PDF

Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.

An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.

A Post-Legality Era

Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.

In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…

Continue Reading

Don't Miss

VOLUM (VLM) Announces Commencement of Token Generation Event

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.

Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.

The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.

“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…

Continue Reading

Don't Miss

How to Secure Yourself in Relation to Bitcoin: Top VPN Services

Published

on

Bitcoin
READ LATER - DOWNLOAD THIS POST AS PDF

Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.

Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.

What is a VPN?

Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.

Security

While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.

Anonymity

Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…

Continue Reading

Elite