BTC-ECHO, one of the largest news and information portals for cryptocurrencies and blockchain solutions in the German speaking region launches its first micropayment application based on blockchain technology with SatoshiPay. Going forward, BTC-ECHO readers can pay for journalistic content via cryptocurrency. This project is just the start of BTC-ECHO establishing new blockchain-based payment models for online journalism together with SatoshiPay.
In order to introduce readers and publishers to the new model, BTC-ECHO in co-operation with SatoshiPay, will distribute 200,000 EUR, which will be issued by the Stellar Development Foundation in the form of their native digital currency, Stellar lumens (XLM). More information can be found at https://www.btc-echo.de/satoshi-pay/
SatoshiPay is developing a two-way payment platform, which enables online content providers to monetise their digital content through the acceptance of nanopayments. Blue Star Capital Plc (LON:BLU)is an investing company with a focus on new technologies, their investments include a 29.4% holding in SatoshiPay.