TokenPay (TPAY) is one of the most respected cryptocurrency. The crypto coin comes with distinct use cases, as well, it focuses on some certain areas not observed by many.
Few months back, a partnership was sealed between Litecoin Foundation and TokenPay, resulting in the former getting a stake in Germany-based WEG Bank.
As the romance between TokenPay and Litecoin continues. This weekend, TokenPay CEO, Derek Capo delivered a lecture at the Litecoin Summit. The lecture with the topic “Litecoin, TokenPay Ecosystem and Why a Bank?” opened listeners to what TokenPay has been doing for some times. Among them are Earner.com, CryptoBet, TokenGaming, Infinitesimal, among other ideas the platform is designing at the moment.
What Earner.Com Promises
According to TokenPay, Earner.com is going to be a freelance websites that allows people to earn cryptocurrency based on the work they perform. It is a decentralized form of Fiverr, Upwork, and Freelancer.com. The idea, is going to be the different from the much awaited TokenGig, a job board where people get paid in in TokenPay, etc. for work. However, the CEO did not state when the idea would be unveiled.
TokenGaming – Aggregator gambling website
TokenGaming offers customized or generic platform with backend office tool and web design for your online casino. The platform says it has more than 50 products in casino, bingo, poker, virtual, sports and live casino.
TokenGaming can help develop customized platforms adaptable to the needs of any business model, with turnkey products and White Label solutions which are 100% adaptable each one of our clients.
CryptoBet – Gambling Website
Although the platform is still being designed, CryptoBet is going to be the world’s first fully compliant crypto casino. Available information reflects the idea is going to be fully operational this year.
At the moment, TokenPay is collating the cryptocurrencies that would be added to the platform once it becomes operational.
Infinitesimal: To Eradicate Traditional Blockchain Technology
TokenPay set out to create Infinitesimal Protocol, a new blockchain technology that would solve the traditional blockchain fees, lengthy confirmation times, and high volatility property of cryptocurrencies that puts users, merchants, and financial institutions at loss.
According to TokenPay, the protocol is a highly-scalable decentralized network of multiple bidirectional payment channels that uses Hashed TimeLock Contracts (HTLCs) and cross-chain atomic swaps to allow for near-instant transaction confirmations at incredibly low fees.
Infinitesimal incorporates turing-complete smart contracts, running on a sidechain, which allows for programs to be ran on the Bitcoin-based blockchain. These smart contracts combine the ease-of-use that the Ethereum blockchain is known for, with the security and privacy that the Bitcoin blockchain offers.
Infinitesimal Protocol is currently under development, the idea is set to be unveiled in 2019.
Image Credit: Steemit.