Wednesday, 10 October 2018

Why social media payments and cryptocurrencies could be perfect partners


In late August, messaging giant LINE launched its own proprietary blockchain, the LINK chain, and its own cryptocurrency, the LINK token. While LINE is the first publicly traded company to have launched its own blockchain mainnet, it isn’t the first social media network to embrace cryptocurrencies. In this regard, it is joining the ranks of Kik, Kakao, Telegram, and (possibly) Facebook. All these companies have shown interest in adding cryptocurrency support on their networks, and some of them have already taken major steps. This all begs the question: At a time where cryptocurrencies are facing a major slump and there’s a lot of…

This story continues at The Next Web
https://ift.tt/2Ofd32s Ben Dickson October 10, 2018 at 06:02AM

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