Eftpos Australia, the nation's main point-of-sale expertise supplier, has introduced a partnership with unfocused ledger expertise (DLT) agency Hedera to conduct a microdefrayals proof-of-concept utilizing an Australian greenbac stablecoin.
Eftpos chief government Stephen Benton delineate the collaboration with Hedera as a part of a broader digital medium of exchange imagination innovation proficiency supposed to modernize Australia's fee sector.
The pilot goals to show how microdefrayals can be utilised to supply modern fee options, equivalent to "pay per page content or streaming services on a pay-per-second basis."
Bitcoin Keychain
The proof-of-concept will probably be steam-powered by an Australian greenbac stablecoin via Hedera's consensus service.
Speaking to Cointelegraph, Robert Allen, an ecex at Eftpos and the deputy chair of Blockchain Australia, delineate the proof-of-concept as a part of a diversification proficiency the agency has been growing "over the last year or two."
"Diversification for Eftpos means acquiring on the front foot in terms of the future, it's about how innovation is flooding into the defrayals space, and how we can stay one step ahead of all of that," Allen mentioned.
Allen mentioned that Eftpos sought-after to confederate with Hedera just few months in the past because of their "professionalism, enterprise-grade technology, and growing governance council."
"You can't really argue against a governing council that are actually part-owners of a company, [and] that includes Google, FIS, Boeing, Tata, Deutsche Telekom and the list goes on," he added.
DLT microdefrayals to disrupt commercial enterprise system
Allen mentioned among the functions that the medium of exchange imagination agency envisages for its stablecoin-steam-powered microdefrayals system sooner or later, accentuation alternatives for "pay-per-view on a page-by-page basis" and "acquiring behind paywalls and subscriptions."
Looking ahead, Allen predicts Eftpos will discover "realtime defrayal for streaming of content," on with "subsidy medium of exchange imagination [to consumers] for hearing to or observation content material in real-time."
Allen additionally means that exploring DLT-steam-powered microdefrayals will place Etpos to answer improvements inside the sphere of sensible cities, driverless automobiles, and different improvements inside the area of automation.
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