Exact(3)
As Revere so eloquently put it, "blockchain is a technology that allows for peer to peer transactions," she explained on CTRL+T.
The former Clinkle employee said the company won't take any fees on peer to peer transactions, and will look to monetize elsewhere, potentially taking small cuts from merchants if customers use Clinkle coupons or special offers.
It is a currency with no centralized repository, based exclusively on an internet platform and founded on peer to peer transactions without any intermediary.
Similar(57)
In addition to solo peer-to-peer transactions, Clinkle is adding group payments.
With a company like Uber or Lyft, they're both simply connecting riders with drivers in peer-to-peer transactions.
Internet financing, another tenet of the sharing economy, involves peer-to-peer transactions to help small investors and entrepreneurs.
The site sets itself apart by insisting on peer-to-peer transactions and not charging brokerage fees.
In total, M-PESA has seen KSH 1.5 trillion US$1717 billion) in peer-to-peer transactions.
Using cryptography, people can make these peer-to-peer transactions with less risk of their data being compromised.
Tencent is also stoking the fire by dropping fees for peer-to-peer transactions, a move aimed at making WeChat the standard for moving money between friends.
With Venmo becoming a huge business and competition coming from basically every direction — including Facebook — Square needs to figure out its own spin on peer-to-peer transactions.
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