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Friday, May 14, 2021
Home News SatoshiPay Opens Nanopayments Everywhere on the Web

SatoshiPay Opens Nanopayments Everywhere on the Web

A few months ago, SatoshiPay launched their first public BETA by releasing a WordPress plugin and got some great feedback from around the globe, and are now making their technology available to every website, no matter what back-end it runs on.

Meinhard Benn, founder of SatoshiPay recently posted at Medium. 

We are doing this by opening up our API to third parties (see press release). Read about how our system works and how it can be integrated in the API documentation. Using our API, developers of content management systems can write their own plugins and publishers can integrate nanopayments into their own bespoke back-end. With a bit of playing around, HTML coding folks can even sell content on static websites.

Throw these two tags into any website and you are selling a text snippet, with a price of less than a cent:

<p class="satoshipay-placeholder"
   data-sp-type="text/html"
   data-sp-src="http://demo.satoshipay.xyz/paid/1"
   data-sp-id="574b6b1ae1d218110047c04e"
   data-sp-length="1500"
   data-sp-price="1000">
</p>
<script src="https://wallet.satoshipay.io/satoshipay.js"></script>

SatoshiPay’s technology enables content publishers to facilitate nanopayments, generating new revenue streams by allowing monetisation on a nano-scale.

The API enables the company to support any digital implementation, a significant improvement over its previous release, which only supported WordPress websites, this means SatoshiPay can now be used on 100% of the web, whereas it only supported 26% previously.

The API will enable developers to utilise SatoshiPay’s technology in any digital or internet connected product.

“We have been delighted by the response we’ve received from the developer community and we’re excited to announce the API. Our mission is to enable developers to use SatoshiPay for any kind of digital product or service they want to implement nanopayments into. We believe this will enable us to significantly scale our reach as developers can use our system in any way they can dream. We will continue to add features frequently to support our growing ecosystem of developers and partners”.

 

With the introduction of their API, SatoshiPay positions itself as a payment infrastructure provider; enabling apps and services to be built on top of their platform. The API makes SatoshiPay’s technology accessible to the millions of developers who build apps and software, as well as enterprises looking for a more flexible means to implement bitcoin technology into their current frameworks.

“Developer and enterprise interest in SatoshiPay has been tremendous and this is the next step in our evolution” said Benn.

SatoshiPay will build exposure of its API through partnerships, conferences, developer networks and hackathons.

SatoshiPay is headquartered in London with development lead through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters, seed funding was raised through publicly listed companies Coinsilium Group (ISDX:COIN) and FastForward Innovations (LON:FFWD). Development of SatoshiPay’s nanopayment product started in April 2015 and its beta version was released in February 2016.

Find frequently updated information at the company’s website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter@SatoshiPay.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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