COINFEST 2018

CoinFest Vancouver: Lightning Edition By: Christina Succurro  On April 6th, 2018 CoinPayments in partnership with Andrew Wagner will be hosting CoinFest, a mini Blockchain expo which aims to be the event equivalent to open source peer-to-peer technology. A local venture founded in 2013 returning for the second year in a row, to our very own Headquarters here in Vancouver BC. CoinFest has consistently provided opportunities for businesses and Crypto enthusiasts to casually connect over pizza and beer with some of the most influential people of the fin-tech world. An educational and…

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Blockchain for Healthcare

By: Christina Succurro Healthcare Information Technology (Health IT), encompasses an array of technologies used to store, analyze and share health information through electronic health records (EHR). EHR’s are used to gather patient information in order to establish patterns and aid the research while furthering the advancement of care for specific health conditions. In early 2000’s, health IT saw a dramatic rise in adoption, with the masses embracing the wave of new possibilities that the internet would soon bring. Healthcare specialists worldwide recognized the need for bridging a communication gap between…

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Ways Cryptocurrency Can Positively Affect Small Businesses

Cryptocurrency provides a quick and inexpensive way to accept customer payments in comparison to the traditional method such as credit card. With every cryptocurrency payment, the pay is final which gives the merchant the power instead of the customers. There are four ways cryptocurrency can positively affect your business. No Processing Fees Traditionally, all form of digital transactions has a processing fee; however, with cryptocurrency, there is no intermediary which means that the merchant does not pay the processing fees. Cryptocurrency is a peer-to-peer transaction with no additional cost to…

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Is Your Business Ready for Cryptocurrencies?

5 Ways Cryptocurrencies Can Help Your Business Cryptocurrencies are becoming an increasingly more common form of online payment. Bitcoin is currently the most popular form cryptocurrency in the digital space and a secure and easy way for a business to handle payments — which is why many small businesses have already begun accepting Bitcoin. Here are a few reasons why you should consider accepting Bitcoin or other forms of cryptocurrency for your business: Receive money faster Credit card and debit payments can often be slow to process, meaning you don’t always receive…

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How to Accept Cryptocurrency as a Small Business

Set up Your Merchant Wallet Account As a merchant, the first step in accepting cryptocurrencies is to set up a merchant wallet account. The top merchant wallet account providers are CoinPayments.Net, Coinbase, BitPay, and CoinGate. Unique public wallet address will be provided in a form of 26–35 alphanumeric string of characters as well as an associated QR Code for your POS System. The address allows customers to send payments to your wallet. A private key will also be provided to you to help you access your wallet anytime you wish.…

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The Evolution of Money

We are going through an exciting new evolution of how money is used. Medium of Exchange (Commodities) During the period of early human civilization, any commodity that was demanded and chosen by common consent was used as a form of currency. Goods like furs, salt, rice, wheat, weapons, animals, and much more were used as an exchange which was known as ‘Barter Exchange.’ Metallic With the progress of human civilization, commodity exchange transitioned into metallic money. Metals like gold, silver, copper, nickel, and much more were used as they could…

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A Better Way to Pay

Understanding the difference between cryptocurrencies and your typical online payment options! As cryptocurrencies like Bitcoin and Etherium become increasingly more popular, we thought we would weigh in on the benefits of adopting cryptocurrency for your business and explore some of the differences between cryptocurrencies and traditional money. So what exactly is cryptocurrency? Cryptocurrency, also referred to as digital currency, is a digital coin that can be exchanged online. Unlike traditional money, a central bank or government does not issue the value represented by digital currency. Consumers and businesses around the…

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