While thousands of companies and entities look to grab people’s data for various reasons, the commonly stated idea that folks don’t care about privacy is untrue, according to the Electric Coin Company, the entity behind privacy-focused crypto asset Zcash. Citing inconvenience and other excuses, some people claim they do not care about privacy, Electric Coin Company Product marketing staff Elena Giralt said in a presentation at CoinDesk’s digital Consensus 2020 conference. She added, however: If you take a step back, it’s helpful to understand that billions and billions of dollars…
Day: May 12, 2020
Metal Pay’s New Blockchain Allows Bank and Payment Platform Integration
Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels. “It’s a Blockchain that’s integrated into your bank,” Metal Pay CEO Marshall Hayner told Cointelegraph. “It’s a universal network for payments.” As long as payment platforms integrate the Proton blockchain, customers can send payments across non-native platforms, according to Hayner. Proton allows compatibility across platforms At present, aside from Metal Pay, payment platforms often run as siloed entities, facing difficulties when users want to interact across services. If, for…