New era of crypto payments begins with use cases in automated investing, Twitch integration
With blockchain technology, the world is now able to overcome many of the inefficiencies evident in traditional payment systems, including intermediary control of private data and personal funds. Unfortunately, despite cryptocurrencies, a product of blockchain technology, holding the ability to address these concerns, many still struggle to use these assets for everyday transactions, such as in the payments sector.
Consider that in everyday usage, fiat currencies still hold an advantage in being scheduled as part of recurring financial commitments such as utility or phone bills and on the business side payroll. For these reasons, functionality for business-to-business (B2B) invoicing, on-demand business-to-consumer (B2C) payments, and subscription models are necessary for merchant and business adoption as a part of long-term industry growth.
Meeting this challenge is a network by the name of 8Pay. 8Pay is currently positioned as the only payment processor that lets users access single, recurring and on-demand payments from various tokens. The team has recently obtained AUDIT certification from CertiK, gone live on mainnet and launched the subscription model, among other new releases. In response to recent developments, a member of their team shares,
“8PAY continues to grow and releases two new and important features: DCA and Streaming Donation, following its Roadmap and increasing interest in the Crypto Payments sector.”
Together, these features are said to greatly improve the utility of cryptocurrencies today.
The first of the two strategies 8Pay has decided to enable is Dollar Cost Averaging (DCA). With DCA, investors can divide up the total amount they plan to invest across regular purchases of an asset to reduce the total
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