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The Role of DeFi Solutions in the Future of Global Finance... 
5 mins read The rise of DeFi solutions is changing the face of global finance. First, with blockchain in finance, these new technologies create decentralized, transparent, and secure systems. Secondly, DeFi applications in finance offer an alternative to traditional banking systems by removing intermediaries and empowering users with direct control over their assets. Thirdly, using cryptocurrency and DeFi, these solutions improve the possibility of inclusivity for underbanked populations and signal a future of inclusive financial systems. Second, decentralized finance trends underline the growing use of smart contracts in DeFi solutions; these automate transactions while reducing costs. Further, the ever-increasing focus on DeFi investment strategies points toward the immense profit potential in this new ecology. Blockchain in finance gives the backbone for all these, ensuring transparency and security on decentralized platforms. Moreover, DeFi's impact is visible within banking as traditional institutions reinvent themselves in light of this disruptive innovation. Lastly, driven by DeFi solutions, global finance decentralisation presents opportunities for innovation and growth. Further, these solutions are fostering a borderless financial system, allowing smooth transactions across geographies. Cryptocurrency and DeFi continue to bridge gaps in traditional finance, creating pathways for secure, efficient, and equitable systems. Additionally, as DeFi applications in finance evolve, they will likely play a central role in shaping the future of global economies. Top 10 Payment Gateways For Cryptocurrency In 2023... 11 mins read Are you searching for the best cryptocurrency gateways? Well, you have come to the right place. The never-ending popularity of cryptocurrencies started with the emergence of Bitcoin that changed the way people view digital assets. Since Elon Musk, CEO of Tesla has tweeted “You can now buy a Tesla with Bitcoin”, crypto enthusiasts started wondering about the best ways to send over those valuable coins for purchase. Here comes Cryptocurrency payment gateways in the picture. If you are a crypto enthusiast, you must know how incredibly volatile the cryptocurrency market is. The price of bitcoin fell 45% in December 2017, from $20,000 down to just below $6,000. But Bitcoin's price has been on a bull for quite some time now. 2021 has seen its higher value than ever which proves it responsible for approximately 69% of the total market value. What is a Crypto Payment Gateway? A crypto payment gateway allows merchants to accept transactions in cryptocurrencies. These days, most payment processors promote the purchase and sale of many cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and more. Payment processors facilitate the immediate transfer of cryptocurrencies into fiat currency. They allow merchants to automate these payments and provide a host of other tools and reports to help make the whole process as comfortable as possible. Crypto payment gateways ensure quick and secure processing of transactions. Rather than focusing on the challenges of starting to accept crypto payments, more merchants are inspired by the ongoing crypto hype and are looking to incorporate a viable crypto gateway. Benefits of a Crypto Payment Gateway Instant crypto-to-fiat exchange Provide the most efficient and advanced technology Provide our full attention and fast service Remain fully transparent Easy setup, lower transaction fees, and customer privacy PoS (Point-of-Sale) terminal for fast and simple in-person transactions Integration with our other solutions to drive user adoption Any other custom-tailored solution according to your needs How does a Crypto payment gateway work? Well, there are no hard and fast rules to be followed while using a Crypto payment gateway. It works the same as the traditional payment gateways. The only major difference is that Crypto payment gateways only use digital wallets and do not entertain any type of credit cards. The crypto wallets can be either single or multi-currency wallets. Crypto payments can be processed rapidly which is a plus point. All in all, the role of the crypto payment gateway is to process the necessary information of the merchants and users who are facilitating crypto payments on the platform. Here is the working process of the crypto payment gateway. When the user taps the Place the Order button at the checkout. Then immediately the web browser or application encrypts the payment details. Also, communicate the crypto payment details to the merchant’s web server through an SSL connection. Once the merchant gets the user’s crypto payment details, the merchant transfers details to the owner or admin of the platform with an encrypted SSL. The admin or owner of the crypto payment gateway platform further transfers the details to the payment processor. Then the payment processor receives a request and sends an acknowledgement code. That acknowledgement code has all the required information about the transaction status. Then the cryptocurrency payment processor sends the acknowledgement code to the gateway. From there it is forwarded to the website or the app. Finally, the website or app shows the information to the user like payment is completed. This is how the crypto payment gateway operates in the real world. Interesting Features of Crypto Payment Gateway Development Needless to say, features will play an essential part to build and launch a successful crypto payment gateway for your business. Here is the list of all the important features that you can get in the best crypto payment gateway development service. User Features Home Page User Sign-in/ Sign-up My Profile Security KYC Dashboard My Wallet with Deposit and Withdraw Functionality Deposit & Withdraw History Support Ticket Submission Transaction History Merchant Tools Button Maker and Examples HTML Post Fields IPN and IPN History API Key Generation Account Settings Admin Features Admin Sign-in Admin Dashboard View Users View User Deposit/Withdraw History Merchant Payment History Commission Settings Merchant Details Merchant API Category Security Settings Content Management System Support System By enabling these features, you can develop a secure and powerful crypto payment gateway. Also, you can draw the attention of multiple global crypto enthusiasts and merchants easily. Top 10 Payment Gateways for Cryptocurrency 1. Coingate Initiated in 2014, CoinGate is an old and most trusted crypto processing gateway. In 2018, the company became one of the first crypto infrastructure services to incorporate the Lightning Network, a solution for the crypto network scaling problem. It helped to increase transaction volume. Coingate has a user-friendly app that enables merchants to set up and monitor payments from their smartphones. The bonus point is that it supports more than 40 cryptocurrencies such as Bitcoin, Bitcoin Cash, Dash, Ripple, Ethereum, and more. Also, Coingate provides you with a range of diverse plugins and even allows for the creation of crypto payment buttons on any website. Coingate charges a 1% fee on all transactions, which usually take about 1 hour. Features Shape swift integration that supports various cryptocurrencies Plugins for E-commerce platforms Multi-user facility Real-time integration with e-commerce POS applications for various platforms like Android, IOS, and windows. 2. CoinPayments CoinPayments is one of the top crypto payment gateways because of an extensive list of supported cryptocurrencies such as Bitcoin, Ripple, Litecoin, and more. This payment gateway is largely for merchants. CoinPayments has one of the most inexpensive commissions for crypto processing, this being one of its competitive benefits. The merchants who are using the gateway are charged only 0.50% as a transaction fee. An interesting feature of CoinPayments is the airdrop of its CPS crypto coin. It lets all users benefit by having a 50% discount on some parameters such as hosting fees, transaction fees, and rebates on online withdrawal fees. Also, it has its mobile version of the application for both Android and IOS which helps users accept payments easily from anywhere at any time. Features Allows to accept 1200+ cryptocurrencies for 0.5% Airdrops of new crypto coins and tokens Supports GAP600 to perform instant crypto payments Provides plugins for all the popular web carts Auto coin conversion Multi coin wallet 3. NOWPayments NOWPayments is a non-custodial crypto payment gateway that lets you accept payments in 75+ cryptocurrencies with auto coin conversion available. Regardless of what crypto customers pay with, merchants can choose to accept the coins they prefer - NOWPayments convert them automatically. NOWPayments provides merchants with a variety of tools such as API, invoices, widget, buttons, as well as plugins for WooCommerce, ZenCart, PrestaShop, Opencart, WHMCS, Magento 2 and others. It is non-custodial which means that all your payments will be instantly transferred to your own wallet that only you can have access to. Features Auto coin conversion Non-custodial Off-ramp and on-ramp options Mass Payments (send payments to as many wallets as you want at once in a single API call) Customized crypto payment solutions Affiliate program 4. Bitpay Launched in 2011, Bitpay is a US-based crypto payment gateway that is considered one of the best and simple payment gateway processors in the market. It is an open-source crypto wallet that allows you to do crypto transactions globally with premium security. It accepts multiple cryptocurrencies and also allows you to convert your BTC into USD by supporting immediate withdrawals. It is one of the secure and fast crypto payment gateways for both the mobile and the web. This payment gateway charges 1% of transaction fees. Features Open-source plugins for e-commerce platforms Permits bank deposits across 38 countries Multi-lingual Multilingual and Supports more than 40+ languages Compatible with all cryptocurrency wallets Multi-user facility Two-factor authentication for protecting user’s funds. Transaction notification through both the email and messages Simple and user-friendly interface 5. Shopify Gateway Shopify is one of the world's most trusted and best gateways used for the transaction of cryptocurrencies. It is a high quality and secure payment gateway that we have in the crypto market today. The user-friendly interface not only provides a secure transaction but also accepts crypto payment from anywhere at any time. Shopify is packed with a lot of good features, including APIs that allow integrations with Coinbase and other payment gateways that help make payment processing as easy and transparent as possible. The only drawback with Shopify is that merchants are asked to register in Shopify to start an account and then only they can access the payment gateway. Transaction fees differ depending on which payment processor a merchant uses. Features Low transaction fees Fast and hassle-free transfer of payments No PCI compliance is required Can be used in tabs, Pc’s, and mobiles 6. GoURL GoURL works with all the major cryptocurrency wallets and offers a high degree of anonymity, something which is fascinating to many crypto users. It offers clear payment breakdowns that make managing orders really easy. The payment transaction will be completed within 30 seconds. It doesn't offer direct bank transfers and charges high transaction fees when compared to other platforms. GoURL charges a 1.5% fee on all payments made through a website and 3.5% for using Monetiser Online. Features A crypto wallet is 100% free Earn through site registration You can earn through affiliate programs No need of linking id or bank account 7. Coinbase Coinbase is one of the largest and most popular US-based Crypto payment gateways. With such a vast number of users, Coinbase has the resources to create some unusual features to help make life smoother for its users. Having all the high-end security systems, Coinbase serves as both the crypto exchange and a crypto payment gateway. Coinbase payment gateway operates only in a limited number of countries worldwide. It facilitates instant currency conversion from crypto into fiat currency without the necessity for the merchant to have to ask for a withdrawal. The exchange gives this service free on the first $1 million of transactions, after which it charges 1% of transaction fees. Features No transaction fees Integrated with API. Email invoice to request payments On-the-spot trading and crypto payments 8. CoinsBank CoinsBank is a user-friendly Crypto payment gateway that has a good reputation in the industry. It supports most of the major fiat currencies including USD, GBP, and EUR. It can be easily used on both Android and iOS devices. A bonus is that CoinsBank provides 24/7 free transfer of currency to family and friends. You can make payments with a one-click. The platform offers two-factor authentication security for your wallet. Features Supports a wide range of cryptocurrencies 24/7 customer support Quick deposit and withdrawal options Two-factor authentication security Secure trade of funds as per the market price 9. Alfacoins Undeniably, AlfaCoin is one of the trusted payment gateways for cryptocurrency. It is supported by popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, and more. It has a unique feature of offering payments to be split between fiat and cryptocurrency. Though AlfaCoins has a slightly lower transaction fee of 0.99%, it doesn‘t offer the $1 million worth of free transactions that Coinbase does. Also, the subscription is completely free. A further bonus is that this crypto payment gateway can be used in any country except Iran and North Korea. It allows you to withdraw in USD or EUR. Features Supports multiple cryptocurrencies such as Bitcoin, Bitcoin Cash, Ripple, and more. Easy payments and transfer of funds Earn money through their additional service You can exchange crypto into USD and EUR 10. SpicePay SpicePay is one of the ideal crypto payment gateways that enable merchants to withdraw their cryptocurrency payments via PayPal and even debit cards along with the standard bank transfer. Here you can exchange your cryptocurrencies to USD, EUR, or GAD depending on your preference. Though new merchants get free transactions for a limited amount of time, SpicePay charges a flat rate of 1% of transaction fees. If your business relies massively on PayPal then it is a highly recommended platform for you. Features Secure and instant crypto payment Withdraw funds through wire transfer. Such as PayPal or SEPA You can save up to 2% on every transaction Final Thought There are many crypto payment gateways but I have mentioned the best ones of 2021. I hope I have been able to answer all your questions related to Crypto payment gateways through this blog. Simply go through the list and choose the most suitable one for your transactions. Web Design e-commerce hiring-best-magento-developers best-magento-developer-company best-magento-development-services build-the-best-automotive-ecommerce-store AllforCrypto: A New Digital Future... 4 mins read AllforCrypto is a Cryptocurrency marketplace where you can buy and sell items for Cryptocurrency. Allforcrypto provides a blockchain-friendly platform for the sale of goods and services with its utility token for funding operations. The platform brings Blockchain-based solutions to the issues that arise in P2P buying and selling goods and services online. The purpose of AllforCrypto is to use cryptocurrency for its transactional efficiencies to build the best platform to sell items on. AllforCrypto is designed to be a marketplace that empowers sellers. It gives sellers a safe environment for buyers to have a smooth checkout. Unlike sites like eBay or Amazon, there’s now fraud and chargebacks. The platform does not mandate sellers to label every product thus saving money on packaging and needless returns due to labels going missing. Because the trade is p2p (peer to peer), it’s happening directly between buyers and sellers with no middleman to take a cut from each sale. It’s completely free e-commerce. Buying goods and services with Cryptocurrencies takes place online and does not require disclosure of identities. One of the biggest benefits of Cryptocurrencies is that they do not involve financial institution intermediaries. For merchants, the lack of a “middleman” lowers transaction costs. For consumers, there’s a tremendous advantage if the financial system is hacked or if the user does not trust the traditional system. For comparison's sake, if a bank’s database is hacked or damaged, the bank would be reliant on its backups to restore any missing information. With Cryptocurrencies, even if a portion is compromised, the remaining portions would continue to be able to confirm transactions. Allforcrypto аllоwѕ users tо buу аnd ѕеll items for bitcoin and аltсоinѕ, perfect mоnеу, аnd wеbmоnеу. Their vеrу оwn escrow service аnd the indереndеnt coin payments escrow, whiсh uѕеrѕ саn uѕе аlѕо if thеу wish, assures the security of payments and merchandise or service quality. The unique escrow system protects both buyers and sellers from scammers. In this e-commerce marketplace, buyers and sellers can choose to agree to a mutually trusted third party user before they start a trade, and then the buyer sends their Cryptocurrency to an escrow account. Those cryptocurrencies can only be released when two out of the three parties agree where they will be sent. Normally the buyer and seller are the two parties in agreement, but if there is a dispute the third party will come settle the dispute. These third parties offering dispute resolution are selected in an open marketplace. As Allfоrсrурtо iѕ mainly a сrурtосurrеnсу mаrkеtрlасе, it makes use of the available protections that these systems of payment afford. Payments in bitcoin, litecoin or any other altcoin are safe from fraud thanks to the blockchain ledger. Wе does not accept аnу оthеr forms of payments ѕuсh аѕ bаnk transfers and credit саrdѕ due tо thе сhаnсе of fraud bу thе рurсhаѕеr. In this wау, the seller is juѕt as рrоtесtеd аѕ thе buуеr which iѕ not thе case on sites such аѕ еBау and Amazon. HOW DOES ALLFORCRYPTO WORK? Buyers and sellers register on the site. Sellers upload actual pictures and descriptions for the items they wish to sell. Buyers purchase an item and the funds are held in the secure escrow system for 30 days or until the buyer receives the item and confirms it’s what was described. AllforCrypto will also have its items for sale with special discounted pricing which can only be purchased with AFCT tokens. AllforCrypto will provide a stable infrastructure where its token price can’t be manipulated. It will inhibit substantial investors selling high volumes of crypto to prevent the token price from being affected. Opportunities & Hurdles in the Complete Tokenization of Securitie... 4 mins read Security token offerings are different from Initial coin offerings because security tokens are either registered with a Securities Governing Authority in the jurisdiction where the tokens are offered or the tokens are filed under an exemption, which typically makes the tokens restricted securities. STOs means an official dealing with securities. While this states that the utility part of the tokens is removed, it also means that unlike ICOs we are not bound to a specific in-project use of the tokens. Security tokens can go beyond blockchain projects and represent a securitized fraction of a real asset, such as a building or a piece of art. It is like bringing the benefits of ICOs to the non-blockchain world while removing the bad parts. Digital securities provide an array of different financial rights to an investor. Security Digitization is the process of materializing any of the financial rights in security through the issuance of a digital asset registered on the blockchain. Security tokens stand out as compared to IPOs or private investing. Unlike IPOs which require an arduous and expensive process with many middlemen and brokers, STOs are easy to pull off. The security tokens can be broken down and represent fractions of an asset, at sizes suitable for any investor. And unlike private investing, where investors need to wait many years until they see returns, security tokens are immediately tradable. As such, they are extremely more liquid. Opportunities in the Complete Tokenization of Securities Some opportunities of tokenized assets are clearly identifiable at face value while some are more uncertain. It is reasonably difficult to invalidate that the benefits of tokenizing assets are real and that the transition to tokenizing at least some traditional assets is already starting. Most of the notable advantages of tokenizing assets stem from the increase in their flexibility. Primarily, this flexibility leads to: Rapid Settlement Reduced Transaction Costs/Automated Compliance Liquidity/Market Depth Decentralization/Reduced Barriers to Access Asset Interoperability (Eventually, maybe) Hurdles in the Complete Tokenization of Securities Compared to other technologies in the cryptocurrency space, integrating tokenized assets on a blockchain is not all that complicated technically. But the sophistication comes in from the regulatory and governance standpoint. Regulatory restrictions need to be hardcoded into the parameters of various types of tokens and they need to be recognized as an authentic representation of the asset by the law. The rapid increase of security tokens or other tokenized assets simply cannot take place without a concrete regulatory framework. Moreover, for ownership to be effectively transferred to a decentralized network, there needs to be clearcut legal protocols for disputes, and there is no precedent for this on a blockchain. Smart contracts remove much of the ambivalence in such scenarios, but they are not perfect tools for moderating disputes. Eliminating the financial intermediaries sounds good on the front-end, but will inevitably place substantially more responsibility on the buyer and seller in a transaction and is unlikely to be entirely removed any time soon. Ultimately, a new framework for issuing security tokens should emerge, but we are still in the early stages of the broader trend towards tokenizing assets. Will STOs win over ICOs? There are very fewer chances for STOs to win over ICOs as a large reason for ICO explosion was the lack of regulatory barriers for projects to release tokens but this is not the case in the security token context. It is hard to predict if STOs will bypass ICOs but it will grow significantly over a period of time. Conclusion Tokenizing assets is a hot topic because of its huge potential to redefine the financial system. Many of the advantages of bringing traditional assets on-chain are clear, with some developments already in progress on how that can be accomplished. Despite their promise, the viability of a decentralized and interoperable framework for tokenized assets exchanging seamlessly among cryptocurrencies under full legal compliance is still a long ways off. 
