GoByte has released their mobile app which allows merchants to bypass charges while accepting digital currency and provides consumers with a seamless and easy-to-use shop experience.
GoByte Pay mobile is available today on the iOS app store and on google play for Android and offers free payment solution which is accessible to any business owner while remaining secure and hack-resistant. The app has an elegant design and is easy for both new and experienced users, as reported in the official project’s blog.
GoByte Pay Mobile app provides most of the functionality of the GoByte Pay gateway and online wallet. Users and consumers can move funds between their wallets, manage their assets, and view their entire payment history all from their phone.
The first version of the app has everything a user needs to send and receive payments and keep track of their transactions while remaining as easy-to-use as an ordinary mobile app and secure as a bank account. High-level security is ensured by additional anti-hack protection; TouchID and FaceID are used along with a password for better protection of assets.
The developers have also refined the existing cryptocurrency payment solutions and included wider functionality for an ordinary trader, investor or merchant needs:
- Synchronized access
All transactions are synchronized and available on the desktop and on mobile in real-time, so no matter where you access GoByte Pay, you are always up to date.
- QR code payment
GoByte Pay supports instant fund transfers using QR code either at a point of sale or via smartphone and PC. For sending or receiving the payment in one swipe it’s enough to scan QR code or paste the necessary address.
- Automatic conversion
Live conversion built into the wallet allows for instant tracking of the currency rate and shows the current balance in USD.
- Full transaction history
In the transactions session, full details are disclosed to give a user real-time control of the expenditure and incoming resources.
- Built-in address book
The easy-to-use address book makes it simple to keep the addresses of recipients, who are sent money frequently, in one central location to make it easy peasy to schedule and manage future transactions.
- Push notifications
The team has enabled push notifications in the mobile app so users will be immediately updated when they receive a payment or anything happens with the GoByte app.
The easy-to-use intuitive interface creates a welcoming place for managing money on the GoByte network. With the expansion of supported currencies in the near future, GoByte users will enjoy an application with among the most beautiful UI/UX experience and its powerful capabilities.
The naming/ tagging capabilities and all the other characteristics, which make GoByte Pay among the most powerful web wallet creation providers, are now available in the mobile version, meaning users can easily categorize all their transactions for business and personal, based on their needs.
Masternode holders were excited to see that they can manage their investment in Masternodes from the web interface and they will enjoy that same capability in the mobile app. With GoByte Pay they can make sure their investment is working for them anytime and anywhere.
Additionally, the application can solve the problem of poor adoption in retail stores by creating an API to help existing terminals easily connect to POS terminals. Along with InstantSend and free transactions, GoByte is planning to issue their own cryptocurrency debit cards, ATMs and POS terminals to further fuel the cryptocurrency payments popularity.
According to Huffington Post, vending machine company, iVend was first to test GoByte Pay on their cryptocurrency payment enabled coffee machines. GoByte and iVend struck a deal to install GoByte Pay on all of iVend’s point of sale systems around the world.
“GoByte’s mission is to be the leader in making cryptocurrency payments easier for users and merchants around the world, through the GoByte Pay platform”, states Hisyam Nasir, CEO of GoByte. – “We are developing a simple, powerful and adaptable platform which includes features that small and large businesses require to accept and process cryptocurrency payments.”
According to developers, the application will be built in POS terminals, which support random switch between addresses, visual and sound indication of payments received, and what’s most important – work offline.
The GoByte team is planning to integrate Bitcoin, Litecoin, BitcoinCash, and other popular cryptocurrencies shortly to approach a wider audience.
Galaxy Digital’s Novogratz: Bitcoin Is “Going To Be Digital Gold”, Talks Sovereignty And Periodic Table Elements
Galaxy Digital Founder Believes That Bitcoin Is “Going To Be Digital Gold”
Mike Novogratz is known for his former work on Wall Street with Goldman Sachs, but he has since made a name for himself in the cryptocurrency industry with the crypto merchant bank Galaxy Digital. Recently, he sat down with Bloomberg TV for an interview, during which time he spoke on the spread of crypto assets and how Bitcoin remains the top coin.
The interviewer started off with commenting that “it was carnage” in cryptocurrency, asking if the industry is in the “birthplace of recovery in crypto.” That opened the door to talk about exactly how government decisions and the lack of institutional investors have truly been the hold-up.
As the attention turned to the crypto winter, Novogratz commented that this whole year has been an example of “just how painful popped bubbles can be.” Considering how the retail sector has settled down and the inflation of crypto values has balanced out, the industry is likely to go from “a people’s revolution to an institution-led one.”
Discussing the way that crypto assets have evolved, Novogratz acknowledged that there are many altcoins that have tried to go head-to-head with Bitcoin as a store of value. He added,
“There are 118 elements on the periodic table, and only one gold […] Bitcoin is going to be digital gold, a place where you have sovereign money, it’s not U.S. money, it’s not Chinese money, it’s sovereign. Sovereignty costs a lot, it should.”
Even though there was not a discussion on why Bitcoin has been able to take the center stage, Novogratz said that all cryptocurrencies do not need the use of blockchain to thrive. From a security standpoint, cryptocurrencies without the same value and traditional roles could help to offer gains.
Bitcoin, for now, is holding steady between $3,400 to $3,600, though Novogratz believes that this is presently the bottom, leaving plenty of room to increase. He said that the most realistic and achievable medium-term price point is $8,000, adding, “We’re not going to bubble back up.”
The structure necessary to welcome and entice institutional investors into the space is finally coming to fruition, Novogratz adds. Even though the government shutdown slowed it down, the solutions being offered from major companies like the New York Stock Exchange and Fidelity show that the increase of institutional investors “is just getting started,” he said.
Even though traditional institutions are starting to get involved with the crypto industry, existing exchanges and services are bringing custody solutions to the table as well. Big Four auditor KPMG also seems to agree with the stance of Novogratz, saying that institutionalization is “a necessary next step for crypto to create trust and scale.”
CARDANO (ADA) Daily Price Forecast –February 13
ADA/USD Medium-term Trend: Ranging
Supply zones: $0.0600, $0.06600, $0.06800
Demand zones: $0.02000, $0.01500, $0.01000
ADA is in consolidation in its medium-term outlook. The new week saw the bullish pressure stronger as the coin enters the range. $0.04399 in the supply area was high while $0.04037 in the demand area was the low thus far.
The inverted hammer within the range implies the bears return within the range shortly after today opening. Price is below 10-EMA and the stochastic oscillator signal points down at 35% an indication of downward momentum within the range.
ADAUSD is consolidation and trading between $0.04405 in the upper supply area and at $0.04091 in the lower demand area of the range. A breakout at the upper supply area may be considered for a long position after a retest while a breakdown at the lower demand area may be a short position with good candle pattern as confirmation for entries. Hence patience is needed to allow this occurred before taking any back position.
ADA/USD Short-term Trend: Ranging
The cryptocurrency is in a range-bound market. The bullish candle formed after the bearish spinning top was an indication of the bulls’ presence during yesterday session.
Confirmation to the bulls takeover occurred at the break of the two EMAs with a large engulfing candle at $0.04167. ADAUSD rose initially to $0.04279 and later to$0.04341 in the supply area before exhaustion.
The bearish spinning top at $0.04303 followed by a bearish candle signaled the bears gradual returned. The cryptocurrency dropped to $0.04301in the demand area due to increased bears pressure as it enters a range-bound market.
ADAUSD is ranging and trading between $0.04368 in the upper supply area and at $0.04077 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence traders should be patience.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
Litecoin [LTC]’s Charlie Lee: MimbleWimble is a good way to get privacy and scaling
Recently, a cryptocurrency known as Grin was launched in the cryptocurrency space. The coin grew to be one of the most controversial cryptocurrencies in the space within hours of its launch. The credit directly goes to the protocol the coin is based on, MimbleWimble.
The protocol was initially introduced to solve the scaling and privacy problems in Bitcoin, by an anonymous developer Tom Elvis Jedusor. Interestingly, both the pen name and the name of the technology are an inspiration from Harry Potter. The developer ensured that privacy would be the core of this technology.
More so, the protocol makes sure that apart from the information that is absolutely required to confirm a transaction, no other information is revealed, including the addresses involved in the transaction and the amount of cryptocurrency involved in the transaction.
During the sixteenth episode of Magical Crypto Friends, Charlie Lee, the creator of Litecoin, Riccardo Spagni, the lead developer of Monero, Samson Mow, the CSO of Blockstream, and Whale Panda, discussed the new privacy-oriented coin. Here, Lee opined about the technology that made the coin one of the most controversial ones in the space. He said:
“I think MimbleWimble technology is actually pretty cool. So when I first learned about it, seems like a good way to get both privacy and scaling and privacy that doesn’t make scaling hard or much worse which is very cool. So I’m yeah happy to see where where this technology goes”
This was followed by Riccardo Spagni aka FluffyPony speaking about Grin’s mining, which drew the attention of even the VCs. Spagni said:
“If you look at at Grin’s economic design it’s clearly designed to be currency. It’s designed to have this crushing inflation so that you’re forced to spend it so hodling is not really part of the economic design. So, they’re throwing money at it because they know that there’s be hype and that, you know, the moms and the pops would eventually go in to buy it.