Bitcoin B2B Payment Solution – Alternet Essay Example
Bitcoin B2B Payment Solution – Alternet Essay Example

Bitcoin B2B Payment Solution – Alternet Essay Example

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  • Pages: 2 (507 words)
  • Published: July 7, 2018
  • Type: Article
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Alternet Systems, in partnership with BitPay, has formed a worldwide enterprise through its subsidiary, Alternet Payment Solutions. This enterprise is dedicated to handling Bitcoin transactions.

Alternet Payment Solutions, APS for short, has recently entered into a non-exclusive agreement to incorporate and offer BitPay services to its customers.

Alternet will apply their vast expertise in the mobile payments technology sector to customize Bitcoin payment options specifically for B2B uses.

To convert local currency into Bitcoin, it may be necessary to exchange Bitcoin for USD in regions such as North and South America, Asia-Pacific, and the Caribbeans.

Henryk Dabrowski, CEO of Alternet Systems, states that their company is providing a next-generation digital currency. Moreover, the payment ecosystem concentrates on three key elements: comprehensive currency processing, identification, and transmission.

Alternet has entered into a strategic agreement with BitPay, allowing them to initiate sales

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discussions with potential clients in Asia-Pacific and Latin America. Dabrowski anticipates further opportunities on a global scale, particularly following the projected revenue growth by the end of 2014.

The company's commitment to virtual currencies is evident through its subsidiary, OneMarket. OneMarket was created to offer a variety of virtual currency services, including issuance, authentication, security, validation, and multi-currency exchange.

Alternet made an announcement in June 2014 about their joint venture with BIOMETRY. As a result of this partnership, they now have the ability to integrate a facial and voice recognition ID system into their payment systems.

The latest edition of Bitcoin2014 projected that numerous companies are interested in such projects.

Ensuring safety in payment systems is a top priority for the company.

Dabrowski provided further insight on the subject, stating that Alternet has extensive experience with disruptive payment technologies and operates a network that spans

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across numerous countries with reliable mobile operators, banks, and financial service providers.

"All of us at APS share the belief that we will expediently arrange BitPay’s solutions, enabling us to expand our global services and offerings pertaining to facilitating transactions other than relying solely on Ven."

Ven is a global digital currency that is traded in financial markets. Initially, it was employed by members of Hub Culture to buy, exchange, and distribute various goods and services. The worth of Ven is assessed in the financial markets based on a collection of currencies, commodities, and carbon futures.

He claims that they have a dependable and honest ally who will assist them in finishing Bitcoin transactions. The allies will collaborate to facilitate customers in conducting digital currency transactions on various online platforms as well as mobile devices.

Alternet and BitPay have partnered to give customers the option to pay using Bitcoin.

Bitcoin is making great progress in the Business-to-Business sector, reaching important milestones.

According to Tony Gallippi, the Executive Chairman of Bitpay, the persistent rise in user demand for alternative payment methods and the acceptance of digital currency will continue.

Through this new project, Alternet's extensive expertise in the industry and innovative perspective will be utilized to broaden their international presence.

The partnership is exciting and the payment solution is also pioneering.

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