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Pornhub picks PumaPay for recurring Tron (TRX) and Verge (XVG) payments

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Little by little, the crypto world is making its way to several industries out there. In fact, in the last months, we have seen many partnerships and initiatives deployed that now put the crypto in the picture. And what it exactly means? Well, it says that now cryptos are figuring as payment options for many goods and services, a step that undoubtedly bring us closer to what Satoshi envisioned back in 2009 with the creation of the leader of the market Bitcoin (BTC).

Without a doubt, we have come a long way from where it all started, and the truth is, we could not be more excited. Recently we have seen how it is possible now to buy in nearly 20,000 online retailers using cryptocurrencies such as Tron (TRX) with platforms such as Bitcoin Superstore. But that’s only the beginning, as now other opportunities are emerging, including, of course, the possibility of paying for adult entertainment subscriptions by using crypto tokens.

In this sense, one of the most visited adult websites, Pornhub has partnered with PumaPay to enable crypto payments on its website and allow premium users to utilize their crypto holdings. Let’s see all the details of this.

Pornhub/PumaPay partnership

One of the most desirable features of credit card payments is the capability of registering the card and then not bothering about paying manually anymore, as the institution involved will charge directly to the credit card the amount stipulated in a monthly basis. So what if we take that to the crypto world as well? No need to ask twice! That is exactly what PumaPay is going to do with Pornhub as per the recent alliance.

PumaPay is an open source crypto payment platform that dedicates to facilitate and implement periodic payment solutions by making use of virtual coins. A blockchain company based in Cyprus develops the platform, and to enable frequent crypto payment solutions, it offers a protocol dubbed the ‘PullPayment protocol’. It is because of this protocol that payment options such as recurring payments are a possibility in a transaction, and in the same way, pay-per-use operations.

As Yoav Dror, the CEO of PumaPay stated, PumaPay is a network that functions under the PullPayment protocol, and this allows to “reverse the mechanics of a transaction, enabling merchants to ‘pull’ crypto funds from their customers’ account”.

He continued,

“With PumaPay, merchants avoid the drawbacks of the current banking systems, such as high transaction costs, the insecurity of chargebacks (reverse transactions) and associated fines, and the lack of customer anonymity.”

Crypto to be used by Pornhub

With the solution mentioned above, Pornhub will be able to allow the premium subscribers to pay with cryptos. But which are the selected ones for the website (you probably already know)? Well, so far the adult entertainment site has partnered with just a few cryptocurrencies, Verge (XVG) and Tron (TRX) are initial two, both of which are stepping solidly in the cryptoverse lately (yes, Verge has been in hot water).

The Pornhub acceptance was expected to impact both Tron and Verge positively as far as their prices are concerned, but that didn’t go as it was expected when the announcement came out a couple of months ago. Still, as the real circulation of crypto tokens is going to start over the adult platform now, the demand and price could increase too. So stay tuned, we can all be sure great things are coming.

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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of PXhere.com

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How Cryptocurrencies Will Change Online Gambling in the Future

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online gambling
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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…

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VOLUM (VLM) Announces Commencement of Token Generation Event

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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…

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

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Bitcoin
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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…

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