Crypto Payment is when a customer makes payments in cryptocurrencies by scanning QR codes or by sending cryptos directly to the wallet addresses. Each transaction is recorded on the blockchain platform.
https://blog.blockchainfirm.io/ultimate-guide-to-understand-crypto-payment-gateways-better/
Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), announced today that the Company, through its wholly-owned subsidiary Future FinTech (Hong Kong) Limited, entered into an equity acquisition frame agreement (the “Agreement”) with Joyrich Enterprises Limited (“Joyrich”) on March 26, 2020.
Pursuant to the Agreement, the Company plans to acquire no less than 51% equity interest of Nice Talent Asset Management Limited (“NTAM”), a legal entity organized under the laws of Hong Kong.
The Agreement is non-binding except for the “Confidentiality and Exclusivity” and “Applicable Law and Dispute Resolution” sections of the Agreement.Owned by Joyrich Enterprises Limited, Nice Talent Asset Management Limited was founded in 2018 and is licensed under the Securities and Futures Commission of Hong Kong (SFC) for carrying out regulated activities in “Advising on Securities” and “Asset Management”.
NTAM’s main services include asset management and investment advisory.
According to the Agreement, the Company will select qualified law firm and accounting firm to conduct formal due diligence on NTAM and then the parties will discuss and determine the final purchase price and definitive purchase agreement.“NTAM has a professional asset management team, a reliable partner network, mature market channels and customer resources,” said Mr. Shanchun Huang, Chief Executive Officer of Future FinTech.
“Completing this acquisition in Hong Kong will allow FTFT to quickly enter the field of modern boutique financial services and better provide asset management and investment consulting services for SMEs in Hong Kong, one of the financial centers in Asia.
The Libra Ecosystem is developing a first-of-its-kind e-commerce blockchain that will streamline all standard functions and operations of an e-commerce business, including financial services, identity management, security, device management, and supply chain management.The Libra Ecosystem is being developed on the idea that blockchain can effectively solve almost all current challenges and problems of the e-commerce industry.Both the users/businesses and investors will benefit from the Libra Ecosystem in numerous ways.
Enhanced Operation EfficiencyThanks to the blockchain’s decentralised model, e-commerce operations can be more efficient and hassle-free.
The Libra Ecosystem makes use of blockchain smart contracts to streamline all the major tasks, including logistics, data management, payments, etc.
Improved Transparent in E-commerce Supply ChainBy allowing various systems in e-commerce to integrate and be accessible in a decentralized manner, the Libra Ecosystem ensures transparency.
Decentralised Database ManagementAll the data & records in a business will be managed in a decentralised blockchain, which will allow a store to have complete control of their data and give the ability to manage/access everything, including product details, photos, videos, reviews, etc.
Secure & Transparent Payment SystemAnother major benefit of the blockchain-based Libra E-commerce System is that payments are more secure and transparent than ever before.
According to new market research report "Blockchain Government Market by Provider (Application Providers, Middleware Providers, and Infrastructure Providers), Application (Asset Registry, Identity Management, Payments, Smart Contracts, Voting, and Others), and Region - Global Forecast to 2023", The blockchain government market is expected to grow from USD 162.0 Million in 2018 to USD 3,458.8 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period.The major factors driving the blockchain government market include need to provide protection against data tampering, upswing in the usage of blockchain technology to create transparent and decentralized government, and increase in efficiency and speed in public sector transactions.Browse and in-depth TOC on “Blockchain Government Market” 33 - Tables32 - Figures 139 - Pages             Request For PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75628026The application providers segment is expected to grow at the highest CAGR in the global blockchain government market during the forecast periodThe blockchain government market has been segmented on the basis of providers into 3 categories: application providers, middleware providers, and infrastructure provider.
These providers offer infrastructure to develop in the blockchain-based platforms.
Among these types, application providers is the fastest growing segment in the overall blockchain government market.
The introduction of technologically advanced blockchain solutions has witnessed a certain level of adoption in government agencies thereby fueling the overall market growth.North America is expected to hold the largest market size in the blockchain government market during the forecast periodNorth America is estimated to account for the largest share of the overall market in 2018.
The region is considered as the most advanced in technology adoption and infrastructure.
The wide presence of key industry players of blockchain technology solutions in this region is the main driving factor for the blockchain government market.