The first patent filing, which describes a vendor payment system, proposes creating a network that's able to automatically conduct transactions on a customer's behalf. The payments would be received by one or more vendors - depending on what services are provided and who provided these services - according to the document.
Credit Card Cartels Landed With $6.2 Billion Price-Fixing Bill
Visa and Mastercard have been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees.
Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict - CoinDesk
For a small community of users in the occupied territories, bitcoin has become an economic lifeline to the outside world. But it can do only so much.
Join in on the conversation with Alex Masters Lecky when you subscribe to CRYPTONICLES.