Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Cryptocurrencies

BitSend releases Checkcoin

Tuesday 28 October 2014 | 02:07 PM CET

BitSend, a Dutch Bitcoin payments processor, has created Checkcoin, a customer reward cryptocurrency project.

Checkcoin enables users to get Bitcoin rewards by recommending GPS-based locations globally. Via Checkcoin, mobile users are able to reward each other by discovering and recommending great visiting places globally.

These specific hotspots are called "CheckPoints" which are GPS-based marked and registered through their Checkpoint platform. When another user "checks in" at an already registered location with the mobile phone, they are rewarded with Checkcoins.

Checkcoin is developed to work in the Bitcoin payment processing solutions environment and making cryptocurrencies accessible to people worldwide. Checkcoin is based on the block-chain medium of exchange that is electronically created and stored.

The BitSend team is still actively developing Checkcoin core infrastructure, with Checkcoin Platform and Checkcoin Mobile currently scheduled for release in Q1 2015.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement