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Paypal test the water bitcoin
Paypal test the water bitcoin, sweep card recognition technology
According to reports payment giant Paypal is testing the water bitcoin business. The company has been working with Coinbase virtual currency wallet and transfer, Coinbase users can sell bitcoin, and the cash to be extracted to the corresponding Paypal account. At present, the service does not support bitcoin purchase behavior, but this small scale cooperation is still worth attention.
Although bitcoin and its underlying block chain technology has sparked widespread concern in Wall Street, but a few big consumer technology companies have recently started to get involved in this area. For example, Airbnb bought a bitcoin company, but also the team of engineers under income. The IBM and Microsoft, as well as the exploration of the block chain technology is more closer, such as IBM development of the source code has been applied in the Linux foundation Hyperledger alliance, and Microsoft has will block chain service is integrated into the azure cloud platform.
In fact, Paypal private virtual currency has been very interested in. Paypal recently released a patent application shows that the company is exploring the bitcoin and other virtual currencies (such as LiteCoin and Dogecoin) to be integrated into the entity smart phone payment, the date of the patent application for December 2015.
In addition, multi message display, Paypal still held in December last year, the hacker marathon. The purpose is to find out the new method of using Paypal to use bitcoin and block chain. Participants include B2B, a Snapcard bitcoin payment company, CoinbaseChain. Developers of cross-border payments, business, bitcoin electronic wallet creation and other aspects of the test. Even Paypal bitcoin generated a little interest in the development of the entire bitcoin industry is a positive signal.
Since chatting to Paypal we have to talk about scanning card recognition technology, in fact, PayPal acquired a technology company called cardio, there is an open source scan card recognition technology. But can only identify the convex card. Plane card can not be identified. Compared with our sweep card recognition technology, it's much worse. Our scan card identification technology can identify the plane convex card and card, and supports the identification card, the card shaped vertical. Recognition rate as high as 99, the recognition speed is very fast.
Although bitcoin and its underlying block chain technology has sparked widespread concern in Wall Street, but a few big consumer technology companies have recently started to get involved in this area. For example, Airbnb bought a bitcoin company, but also the team of engineers under income. The IBM and Microsoft, as well as the exploration of the block chain technology is more closer, such as IBM development of the source code has been applied in the Linux foundation Hyperledger alliance, and Microsoft has will block chain service is integrated into the azure cloud platform.
In fact, Paypal private virtual currency has been very interested in. Paypal recently released a patent application shows that the company is exploring the bitcoin and other virtual currencies (such as LiteCoin and Dogecoin) to be integrated into the entity smart phone payment, the date of the patent application for December 2015.
In addition, multi message display, Paypal still held in December last year, the hacker marathon. The purpose is to find out the new method of using Paypal to use bitcoin and block chain. Participants include B2B, a Snapcard bitcoin payment company, CoinbaseChain. Developers of cross-border payments, business, bitcoin electronic wallet creation and other aspects of the test. Even Paypal bitcoin generated a little interest in the development of the entire bitcoin industry is a positive signal.
Since chatting to Paypal we have to talk about scanning card recognition technology, in fact, PayPal acquired a technology company called cardio, there is an open source scan card recognition technology. But can only identify the convex card. Plane card can not be identified. Compared with our sweep card recognition technology, it's much worse. Our scan card identification technology can identify the plane convex card and card, and supports the identification card, the card shaped vertical. Recognition rate as high as 99, the recognition speed is very fast.