Fintech Review
NOVEMBER 19, 2023
Due to the decentralized and encrypted structure of a blockchain, data saved on it is extremely secure. Small-scale transactions and payments Blockchain technology enables low transaction costs for microtransactions and micropayments.
PayHawk
APRIL 18, 2023
Encryption The process of encoding sensitive data to prevent unauthorized access. Microtransaction A very small transaction, typically less than $1, that is processed electronically. E E-commerce The buying and selling of goods and services over the internet. Echeck An electronic version of a paper check, used for online payments.
PYMNTS
MARCH 13, 2019
Gaming is a $140 billion global industry driven predominantly by digital microtransaction economies, which we believe will benefit immensely from the integrity and resilience of blockchain technology,” said Brett Seyler, the chief platform officer of Forte, according to VentureBeat.
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