The white label bitcoin and cryptocurrency processor by HashCash Consultants is actively encouraging consumers to opt to transact with virtual money
Undoubtedly, the concept of making online purchases using virtual money was first introduced in video games. However, the virtual economy which was initially designed for recreation is gradually crossing into the realm of real world utility. The gravity-defying profitability of tokenizing online games has become a major talking point in the industry, and is motivating studios to turn to blockchain technology to take a piece of the pie.
This has paved the way for collaborations between software development companies such as HashCash Consultants, and video game production houses to create customized native digital assets. The functionality of these will go beyond simply purchasing in-game items.
The blockchain company is bringing its expertise in providing technologically advanced banking solutions to the gaming industry by teaming up with a leading gaming company based in Australia. It will custom make a decentralized distributed platform which can be easily integrated to its existing platform for seamless utilization of its crypto coin.
Gaming Exchange & Integration with Gaming Platform:
One of the primary real-world economy applications of cryptocoins is to trade it in cryptocurrency exchanges. The value of a cryptocoin is determined by the potential or worth of the product or service it represents. So, if the native asset of a video game has to appeal to investors as a good bet, the game itself has to be captivating and worth its salt. The remaining journey of launching, listing, and setting up the exchange platform is taken care of by blockchain experts.
HashCash executes this part in its collaborations. It is a leading producer of white label cryptocurrency exchange, and the exchange platform it sets up covers features like ‘market’, ‘limit’, ‘stop orders’, ‘margin’ for placing orders and increasing the volume of trade. Multiple Access Control levels for admin console to manage gamers, developers and other stakeholders, and an Admin Panel for managing and creating trading pairs simplifies administrative functions.
Merging with the existing gaming platform is made easier with third party wallet integration, and provisioning for incentives and reward modules for gamers. Mobility between the gaming and exchange platform is enhanced by single sign-in for exchange, admin console, and gaming interfaces.
Future of blockchain in online gaming:
Blockchain technology has presented itself as a sophisticated means to make online gaming more transparent, secure and reliable – three traits essential in any arena that involves payments and dependence on stats. Cryptocurrency is becoming the standard mode of payment for in-game microtransactions, and the decentralized distributed ledger is seen as a potential enabler of better employment of resources among multiple games.
Blockchain is revolutionizing the way the world handles money, and the concept which came to our attention with Nexon’s Maple Story, is now a reality.
About HashCash Consultants:
HashCash Consultants started as a blockchain consulting company in California. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using blockchain technology. Banks, corporate houses, domestic payment networks, FinTech companies, and currency exchanges use the HC Network for retail remittances, corporate payments, trade finance, and payment processing.
Its services include complete ICO solutions, setting up white label cryptocurrency exchange platforms for clients, coin listing, utility coin offering, and providing white label bitcoin payment processors.
HashCash Consultants is actively involved in the gaming, insurance and supply chain industries.
HashCash has outdone it this time … The team launches Paybito Pro version which is going to make cryptocurrency trading more intense for its clients. Paybito, the cryptocurrency trading and exchange platform by this US – based blockchain giant is offering the clients an opportunity to trade and exchange cryptocurrencies globally.
PayBito had already launched PayBito Basic Version which is available in Website, iOS, Android versions. This version comprises of several futuristic features such as SegWit enabled, Liquidity integration with major exchanges, Pending transaction handling, 2-factor authentication with GA, Firebase, BIP-32, Order book with matching pair, Block confirmation tracking, and Admin console, among others.
This cryptocurrency platform by HashCash is multi-signature and security-focused, implementing bank-level security standards to protect the members from hacking attempts. PayBito comprises of 3-point architecture, multi-signature cold vault, hot wallet, DDoS Mitigation, firewall protection, monitoring and logging, identity and access controls and data encryption.
PayBito Pro – the all-new version launched by this California based company, is the ‘Trading Version’ whereas the ‘Basic Version’ is the ‘Retail Version’. Pro offers an open order book to its users where buyer and seller can buy and sell cryptocurrencies according to their trading requirements. The basic version comprised of a closed order book where the users place their order and trading takes place at the rate offered by the exchange. The Pro version launched by HashCash offers a peer-to-peer exchange on the platform.
“PayBito has been offering the White Label Cryptocurrency Exchange product to scores of enterprises big and small. In an unexpected trend, we are observing a sudden spike in interest from large banks looking to offer cryptocurrency exchange as services to their retail customers,” said Raj Chowdhury, Managing Director of HashCash Consultants.
PayBito is a leading cryptocurrency asset trading platform operating globally. The platform is designed and managed by a team with rich experience in Banking security systems, Cryptocurrency trading and Blockchain technology. Available in web version as well as in iOS and Android stores, PayBito offers some of the best rates and top-notch security on the planet.
About HashCash Consultants
HashCash products enable enterprises to move assets and settle payments across borders in real-time using Blockchain Technology. Banks, Corporate Houses, Domestic Payment Networks, FinTech Companies, and Currency Exchanges use the HC Network for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash has 100+ enterprises using its products in 26 countries.
There is no doubt that presently cryptocurrencies are the best way for investors to have access to profitable trading opportunities from all around the world.
Cryptocurrency trading is trending in recent times. These are also being used as a mode of payment, nowadays, due to its various advantages over credit and debit cards and cash.
International payments have depended on banks for centuries. The process was very slow until mid 20th century, and sped up only in the latter half of the century due to technological improvements. Even now there are a few distinct problems still existing in the network which one can avoid by opting for cryptocurrency payment and trading method.
Here are some of the advantages of using cryptocurrencies as a mode of payment:
- Ensures Maximum Security
Unlike credit cards and cash, which are the traditional modes of payments, cryptocurrencies are encrypted and digital. This makes it very difficult to steal or tamper with. Once a cryptocurrency transfer has been authorized (validated), it cannot be reversed. Strong encryption techniques safeguard against account tampering, fraud, and, guarantees the privacy of the customer.
HashCash, a California-based blockchain technology company, offers cryptocurrencies as a mode of payment to enterprises and corporates using its own corporate payment platform. HC Corporate Payments, a product of HashCash, offers blockchain powered cross-border corporate payment platform to business enterprises which ensures real-time payments, instant reconciliation, and smart contract automation.
Moreover, this blockchain technology product and service provider has a cryptocurrency trading and exchange platform, PayBito, where all the major cryptocurrencies are listed and traded.
- Smartphones Facilitating Cryptocurrency Trading
Smartphones are being used by billions of people and it is safe to say that it has become a device for doing financial transactions on a daily basis. Payment using cryptocurrencies results in almost no transaction fees as there is no third party involvement. Thus, the whole payment process is much faster than the traditional modes of payment while the transaction cost remains minimal.
PayBito Android and iOS mobile apps can be used to trade on the go and keep a track of the trading portfolio anytime, and from anywhere.
- Cutting out the middleman
Cryptocurrency eliminates expensive lawyers, brokers, and other middlemen with the digital currency as well as the transaction costs that are incurred when payment is made by credit cards. Cryptocurrency payments made through blockchain network charges less than 1% after being validated, a number much less than the 3 – 5% charged by credit cards.
- Quick and easy payments
Making payments with cryptocurrency is very easy and can be done in just a few seconds. This is because the user does not have to provide a lot of details. The only thing needed for the transaction is the address of the wallet of the receiving person.
- Fast settlements
In the case of cryptocurrency payments or trading, enterprises do not need to wait for days to receive money as it is done on real-time basis. Cryptocurrency payments made on the blockchain network helps to remove third party approvals, higher transaction costs, and eliminates any other delay in the payment process.
- Facilitate international trades
Cryptocurrency transactions have no limit assigned to it unlike traditional trading practices. The information of the sender and receiver is not disclosed in the network to others apart from the parties involved in the transaction. The parties can transact from any location in digital currencies in a hassle-free manner after being validated in the blockchain network. Cryptocurrency trading is convenient as the process is not controlled by any central authority. Trading of cryptocurrencies in PayBito facilitates the buying and selling of cryptocurrencies in different order types.
These are the benefits which one can enjoy if one chooses to opt for cryptocurrency for payment purposes. Crypto-trading is becoming popular in the global investment market. So what are you waiting for? Choose cryptocurrencies over traditional payment methods and reap its benefits!
The multi-signature cryptocurrency trading platform the rolled out SegWit uses bank-level security features to protect users from hacks.
The platform conducts KYC and AML checks before users can load their wallets for purchase from the app. PayBito web application allows advanced trading features for its users.
For residents of the United States and India, the app supports USD and INR purchases if users have bank accounts in those countries. Global users can trade other crypto assets using Bitcoins as the base currency after going through KYC/AML checks required by their respective jurisdictions.
PayBito’s Head of Products, Ishan Roy said in a statement,
“It is interesting to observe how awareness of Cryptocurrency has spread to every corner of the globe. A large section of our customer registrations is happening from African subcontinent, from East European countries and South America.”
“PayBito is on track for adding a new crypto asset every two weeks,” added Roy.
Additionally, PayBito is offered as a White Label cryptocurrency product to companies interested in using the software to run their own exchange.
“Enterprises big and small today are looking for off-the-shelf cryptocurrency exchange software and they find PayBito to be a great fit for their needs. We enable them to run their own exchange without having to go through the development cycle of building one. You may never know, the exchange you are using to trade your crypto assets might just be a white label version of PayBito running at the background,” said Raj Chowdhury, MD of HashCash.
PayBito is a leading cryptocurrency asset trading platform operating globally. The platform is designed and managed by a team with rich experience in Banking security systems, Cryptocurrency trading and Blockchain technology. Available in iOS and Android stores, PayBito offers some of the best rates and top-notch security on the planet.
About HashCash Consultants
HashCash Consultants started as a Blockchain Consulting Company in California in 2015. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using Blockchain Technology. Banks, Corporate Houses, Domestic Payment Networks, FinTech Companies, and Currency Exchanges use the HC Network for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash has 100+ enterprises using its products in 26 countries.