A strategic partnership was launched by AERGO and SatoshiPay to create the fastest micropayments system to date.
SatoshiPay raises €1m in new funding round @dannylmasters @aeternity @AERGO_IO @meinharrd https://t.co/LiuCKUWET6
— SatoshiPay (@SatoshiPay) February 6, 2019
SatoshiPay is a developer of micropayment solutions for the digital economy. Its blockchain-based platform facilitates payments of small, even fractional, sums for online content and services. This delivers a much-needed monetization platform for publishers against a backdrop of pressure on digital advertising revenue.
AERGO aims to develop a new blockchain protocol, with advanced and easy to use developer tools and a state of the art dApp orchestration and deployment framework. SatoshiPay CEO Meinhard Benn said:
“We’ve had an amazing year in 2018, with exciting technological and business advances at SatoshiPay, and a powerful start into 2019 by announcing our partnership with Europe’s largest digital publishing house Axel Springer. While the timing for the planned completion of our public listing was unfortunate, the strong interest we have seen from institutional investors along the way gives us great confidence that we are on the right track to grow our company into a leading FinTech player in the future.”
Once the union is done, SatoshiPay will maintain the AERGO for the denomination, settlement, and hosting support of its payments services. Phil Zamani, AERGO’s Chairman added:
“Enabling frictionless payments for blockchain applications and services is one of the missing links for enabling mass adoption of blockchain technology both in the B2B and B2C sectors. Partnering with SatoshiPay will provide businesses globally with a powerful crypto infrastructure that is interoperable with fiat payment services. We plan to implement SatoshiPay’s technology to power aspects of the AERGO service layer with secure fiat payment options.”
One Aergo token can currently be bought for approximately $0.0649 or 0.00001792 BTC on exchanges including GOPAX, Bilaxy and Hotbit.
Aergo has a market cap of $1.71 million and approximately $190,417.00 worth of Aergo was traded on exchanges in the last 24 hours. It is currently the 584th biggest cryptocurrency by market cap.
