Sentences with phrase «allow for a micropayment»

Elizabeth Stark, Lightning Labs founder and chief executive officer, says merchants and especially online businesses will be the most likely users as it facilitates a high volume of payments and its near - zero fees allow for micropayments.

This could potentially clear up network congestion, allow for micropayments, and reduce transaction fees dramatically.

Not exact matches

First, Bitcoin's utility in facilitating micropayments allows people to more easily receive compensation for the many tasks they perform as part of a digital network.

There's also the soon - to - be-released iPhone 3.0 OS update, which will allow developers to add in - app micropayments — something that's perfect for eBooks.

However, there was also potential for good in terms of helping populations living with unstable banking systems, allowing ease of micropayments, allowing immutable transactions, and more.

The Lightning Network is a design improvement for Bitcoin that could allow users to make micropayments in a decentralized manner and help the entire network scale more efficiently over time.

The protocol will also allow smart devices to share resources and make payments, while reducing the load for the end user and enabling machine - to - machine (M2M) micropayments as a result of low transaction costs.

The blockchain allows for new solutions to digital property management, micropayments, hedge fund incentives, and ad fraud.