Tim Draper Backed OpenNode Startup Raises $1.25 Million to Develop its Bitcoin (BTC) Payment Processing Platform

Tim Darper backed startup of OpenNode announced that it had successfully raised $1.25 Million to fund its venture to create a better and easier way to accept Bitcoin (BTC). Many merchants have been known to be for the idea of integrating Bitcoin payments onto their businesses, but very few payment processing solutions exist in the crypto-verse. OpenNode promises to be the simplest robust platform with an easy to use eCommerce and retail plug-in solution. It will also have payment infrastructure API’s for developers and the fastest payment processor limits. The…

OpenNode: Bitcoin’s Lightning Network’s Own “PayPal”

Bitcoin had a steady start as a medium of exchange and has slowly begun challenging the hundreds of decades-old fiat money system. Businesses are now moving towards developing systems which could aid the further adoption of the pioneer cryptocurrency over fiat. Bitcoin Payment Processing: An Introduction To explain in brief, bitcoin payments processing means to provide tools and services which enable merchants, service providers, and other businesses to accept their payments in cryptocurrency instead of traditional payment options. It works similar to processing payments via a credit or debit card,…