Crypto payment processing

Posted by marko paul in Banking & Finance on October 10 2023 at 02:19 PM  ·  Public
A crypto payment with a blockchain payment gateway API involves using blockchain technology to facilitate the transfer of cryptocurrencies as a means of payment for goods or services. Let me break down the key components of this process:

Blockchain Technology: A blockchain is a distributed and decentralized ledger technology that records all transactions across a network of computers. It ensures transparency, security, and immutability of transaction data.

Cryptocurrency: Cryptocurrencies are digital or virtual currencies that use cryptography for security. Bitcoin, Ethereum, and Litecoin are some well-known examples of cryptocurrencies.
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