SatoshiPay is using XLM and has collaborated with The Register, another U.K based company. the partnership enables book/articles of the enterprise to be bought as e-books on SatoshiPay using Stellar Lumens.
Presently, SatoshiPay processes the 1-click Nano payment transactions. It is also collaborating with Stellar Lumens. The company, The Register is one of the biggest web channels for tech news. It will use SatoshiPay in its project to sell their data and digital content. SatoshiPay users will be given up to 1million XLM tokens as free credit to honor the collaboration.
SatoshiPay and their highly advanced Nano-payment technology are incorporated with a secured network of content provided by the U.K Company. It allows users to purchase physical books as e-books. For a start, one popular book owned by The Register known as “Geek’s guide to Britain” was the first to be offered to the public as an e-book and it can be purchased with SatoshiPay. This was done in a bid to test the service and know how much more content owned by The Register can be made available for users in a clean and ad-free environment.
A Second Giveaway
The giveaway’s second batch will offer 50 XLM to about 20,000 users, and it will cost approximately 20$ per user.
SatoshiPay has worked hard to enhance their transaction system, and it is based on the Stellar network. They introduced a working version of advanced malpractice protection, multi-signature handling and have also increased their customized XLM wallet’s stability.
The XLM giveaway credits will be used to buy an e-book or to make other transactions wherever SatoshiPay is supported.
The co-founder of Stellar Development Foundation, Jed McCaleb spoke about this collaborative event. He stated that it is an exciting moment for the crypto community as well as Stellar because it stands for one of the initial mainstreams usages of Blockchain payments and it is targeted at millions of users.