Banking. Electronic payments. Remittances. The ability to move between currencies in clicks. These were the ingredients making blockchain ideal for supporting financial applications and providing them globally. Enter Blockpay, a payment tool provider leveraging Avalanche to further the mission of financial inclusion.
Wanna know more? Based in Mexico, one of the countries that has adopted crypto at high rates, Blockpay offers merchants point-of-sale devices that can accept card payments and released crypto-funded debit cards so users can painlessly withdraw crypto IRL. But how exactly does Avalanche make a difference?
Ever wanted to explain what mining is to a kindergartener (or that Web3 newb friend of yours)? Here are some pointers from our favorite wise Owls.
How does mining work? In Web3, mining refers to the process of verifying transactions and creating blocks in certain blockchain networks. What about the miners making it all happen, you ask? They receive rewards for the time, energy, money, and machinery they put into helping secure and perpetuate a network. These rewards look different depending on the network miners belong to, and there are plenty of incentives for miners to be honest about their blocks.
Circle Launches Wallet-As-A-Service Platform on Avalanche
Circle’s Programmable Wallets beta has launched on Avalanche, giving devs even more tooling to embed Web3 wallets into their apps. Web3 wallet security with Web2 simplicity? Sign. Us. Up.
The key features: The platform is easy to use, compatible across multiple blockchains without any blockchain-specific code, has flexible custody options that work with the needs of the protocol and users, and has a ton of operations monitoring capabilities. Not to mention, users can sign up with just an email address and start building immediately. No upfront fees, no contract negotiations, and accessible to devs of any size.
This email is for informational purposes only and is not intended to provide, and should not be relied on for tax, legal, investment, financial, or other advice. Any references to third party platforms or projects is not an endorsement by the Avalanche Foundation Limited, Ava Labs, Inc., or any of their respective affiliates or subsidiaries. The information contained in this email is current as of the date hereof and is subject to change without notification. Please review this Important Notice.
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