A simple way to use bitcoins for subscriptions
The cryptocurrency industry is growing. A leading crypto-tracking site, CoinMarketCap, has listed more than 2 000 coins. Currently, one-time payments in cryptocurrencies are easy. Subscription payments are not. The EU-funded AMBRPAY project aims to facilitate recurring transactions for cryptocurrency via smart contracts. It will create and interact with smart contracts on the blockchain. Customers will be able to put their funds in these smart contracts from which the businesses that provide a service can take the necessary amount of cryptomoney. AMBRPAY will provide the business with a web interface to manage their customers and payments. Ultimately, it will make transactions cheaper, faster, and the use of your cryptocurrency a more convenient and simpler experience.
Field of science
- /social sciences/economics and business
Call for proposal
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