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Blue Star Capital Plc

Explaining the technology and legal model behind the payments on the SatoshiPay network

How it works

In the world of payments, we can distinguish between “open-loop” and “closed-loop”. Open-loop refers to anything that accesses an ecosystem outside of a merchant’s direct purview and includes debit and credit transactions as well as bank transfers and wires. In this scenario, the parties facilitating transactions are regulated payment companies and consumers are subject to verification (KYC) procedures.

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.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.