FREE BITCOIN

Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

Pornhub picks PumaPay for recurring Tron (TRX) and Verge (XVG) payments - Global Coin Report
Connect with us

Don't Miss

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

Published

on

Tron Verge
READ LATER - DOWNLOAD THIS POST AS PDF

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

Don't Miss

Is it legal to gamble in Bitcoin casino?

Published

on

Bitcoin casino
READ LATER - DOWNLOAD THIS POST AS PDF

Bitcoin entered the world in 2009 and immediately begun a revolution on the cryptocurrency market. Presently, there are more than 700 different digital currencies, but Bitcoin still remains the most used one. However, despite the large business activity around Bitcoin, there is still no international legal law to regulate it.

Key facts on Legality in Bitcoin casinos

Laws and obligations concerning online gambling legislation vary from country to country. There are many jurisdictions that can issue gambling licenses to online casinos. But, these licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction.

The necessity of Gambling License for Bitcoin casinos

In order to make it clean and clear, a reliable online casino will obtain an online gambling license. Among other things, it allows running a legal activity and assures the casino operator’s trustworthy behavior, fair gaming policy and transparency in business operations and gaming software offered to customers. A representative of this kind of casino, such as FortuneJack for example, will have good reviews and reputation, and stable business that is constantly growing and expanding throughout the years. You can also feel the stability by checking the website, and important details such as casino withdrawal time and the number of games offered for playing, as you can examine on Fortunejack.

There is a difference between Bitcoin and Bitcoin gambling legality. There are countries…

Continue Reading

Don't Miss

How to Reach 100% Security of Online Transactions?

Published

on

security of online transactions
READ LATER - DOWNLOAD THIS POST AS PDF

The use of the global network for e-commerce operations requires ensuring an adequate level of security for all financial transactions carried out online. Each payment system uses the most convenient methods based on its capabilities and technical specifications. However, this doesn’t mean that you should only trust the system without adhering to general safety rules. For example, using ExpressVPN vs NordVPN or performing e-commerce operations or online trading in private networks will be a very good idea.

Online Security as It Is

The concept of information security means its resistance to accidental or deliberate impacts, the inadmissibility of destruction, distortion or disclosure to third parties, which can lead to material damage to the information owner. Here are some of the basic requirements that are to be adhered to:

  • Confidentiality – protection of information from unauthorized access is often provided by data encryption – conversion of text data into digital form, which can not be read without a special algorithm and a key;
  • Authentication – unique identification of the user. This often uses a login (domain name) and password, as well as additional confirmation, including one-time passwords or secret codes that are printed in a single copy for a given user password;
  • EDS – for the best data protection, electronic digital signatures (EDS) are used, which unambiguously determine that this information was received from a particular person who…
Continue Reading

Don't Miss

Is Unification (UND) XRP 2.0? IEO April 10th at UTC+8 on Bitforex!

Published

on

By

Unification
READ LATER - DOWNLOAD THIS POST AS PDF

Unification is a Hybrid blockchain solution for Enterprise. Above is my interview with CEO Neyma Jahan I explore what is Unification, how does a WRKchain actually work and why is this something people will quickly adopt. What is a really telling story here is that this is one of the few ICO/IEO/ITO etc… that actually is revenue positive which I honestly could not think of many others that were?

Neyma and team come from a background in real business, and they are focused on bringing blockchain adoption to the next level. They decided to go with the WRKchain or better known by some as a permissioned sidechain so that nodes can work together even if they do not like each other.

An example:

In education, we have tons of issues with plagiarism in universities and several, miss this and people write half copied thesis papers and get away with it. Imagine now for papers across Ivy league to Community colleges a system where professors come to a consensus about papers. Now also think of it this way those professors reading this paper all must read it, evaluate it, and come to a consensus. This will take out the professor knowing that student and give an honest overall evaluation. So each professor is basically a node. Then for each paper, there would be…

Continue Reading

Elite