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Blockchain Gains Value, Importance as Digital Payments Become Growing Trend

NetworkNewsWire Editorial Coverage: The COVID-19 pandemic rattled every market imaginable worldwide, with some changes becoming permanent as they simply accelerated existing trends. The digital payments market certainly benefited as online transactions skyrocketed with some brick-and-mortar stores even refusing to take cash because of the threat of spreading germs. But don’t confuse a truly cashless society — where cash and coins physically do not exist — with one where money is still around, just not used frequently. The world was already moving towards the latter, and the coronavirus sped up the process, which shines a spotlight on the opportunities in digital payments. Companies big and small are making the most of technology that serves as the backbone of the next generation of payment systems, such as GreenBox POS (NASDAQ: GBOX) (Profile), a provider of customized blockchain payment solutions that is leveraging acquisitions to grow its international footprint. Others enjoying rapid growth in the exploding market of financial technology, or fintech, including significant developments from the likes of ACI Worldwide Inc. (NASDAQ: ACIW)NCR Corporation (NYSE: NCR)Paysafe Limited (NYSE: PSFE) and Intuit Inc. (NASDAQ: INTU) to shepherd the industry…

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NetworkNewsWire (NNW)
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