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In February 2016, SatoshiPay introduced a new feature - payment for online content via Bitcoin nanopayments. Thus, users have obtained a possibility to pay for useful information only, and content producers - to monetize their products quickly.
What is a nanopayment?
It is a Bitcoin transaction for an amount up to one cent or less.
Why is it convenient?
Traditional systems are not interested in micropayments because of high operating costs; however, SatoshiPay has kept costs to a minimum.
"This opens up new opportunities to monetize web content and other digital products," a co-founder and CEO at SatoshiPay Meinhard Benn said.
At Blockchain & Bitcoin Conference Prague 2016, he will tell why micropayments are able to develop new business models and how to implement them in smart contracts.
The title of Meinhard Benn's report is "Nanopayments - Fuel for a Machine-To-Machine Economy."
Meinhard Benn has founded SatoshiPay. He is an experimenting businessman, a miner, a trader and a fan of cryptocurrency, who promotes Bitcoin ecosystem globally.
Hurry up to join Blockchain & Bitcoin Conference Prague and ask a question to the speaker!
The Conference starts in two weeks.