The world of cryptos and blockchain technology, as advanced as it is, still requires partnerships with established and reputable companies in order to survive and develop further. The investors and consumers need to know that the project is valid, and what better way is there to reassure them than to partner up with a big firm that already has users around the world.
Partnership With SatoshiPay
It is always useful for a crypto-focused micropayment system to add more cryptos to its list of partners. While collaborations are crucial for pretty much any industry, they are nothing less than essential for cryptocurrencies. This is why SatoshiPay decided to distance itself from Bitcoin and try to find a more scalable solution.
IOTA was the obvious choice at this point, especially since the costs of using IOTA’s technology are much lower than that of BTC. Many would also argue that IOTA is much more efficient, which might be why SatoshiPay made the choice to go for this project instead of BTC.
Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 31.4 % holding in SatoshiPay