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Cryptocurrency Payments Cryptocurrency Payments
Global Crypto Payments Education & Information
Cryptocurrency Payments
Cryptocurrency Payments


Cryptocurrency Payments

Global Crypto Payments Education & Information

Cryptocurrency Payments

Inform Yourself

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Payeum - Cryptocurrency Payments, is a global online destination for essential crypto payments education and information. We aim to make crypto payments a pleasurable worldwide experience, by providing extremely important, world-class and comprehensive crypto payments education and information.


While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding crypto payments into the mix provides consumers and merchants with unparalleled benefits. Some of these benefits include simplicity, lower overall cost, security, privacy and a greater level of control over one's funds.


Cryptocurrencies are numerous and versatile and can be utilized as entirely private bank accounts and payment cards for almost any occasion. They offer a multitude of ways to earn a form of interest with little or no effort and help users protect sensitive data and holdings on the go 24/7.


Cryptocurrencies is to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale. Payeum is committed to providing you with the best education and information available so that you can make an informed decision when purchasing cryptocurrencies. Payeum always strives to achieve the highest level of satisfaction for you. We will add extra brilliance to your life by becoming your trusted essential international online cryptocurrencies, blockchain, crypto payments and wallets, extensive education and information guide and online resource, for now and upcoming generations.


Cryptocurrencies future looks very bright. The Payeum crypto payments education and information guide and online resource is designed to give cryptocurrency lovers, the tools and information you need to properly evaluate cryptocurrencies with confidence. Our comprehensive guide on cryptocurrencies, blockchain, crypto payments and wallets contains absolutely essential educational and informative facts.


The website Payeum.com, for our global readers, is in the process of making Payeum a worldwide multilingual destination by translating Payeum.com, into a multilingual website.


At this stage Payeum.com, is about providing essential education and information on crypto payments worldwide to our readers. However, we are exploring our options and may add, for our global readers to, accept crypto payments anywhere, make transactions, a crypto trading platform and a digital currency storing wallet, on our website in the future.


Please take time to explore the Payeum website and if you have any enquiries regarding cryptocurrencies, blockchain, crypto payments and wallets, feedback or suggestions don't hesitate in sending us a message through our contact form. We will be happy to provide you with any information you require, contact us today!



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How Does A Bitcoin Transaction Work?


Bitcoin transactions occur through electronic messages that are sent to the entire network with instructions about the transaction. The instructions include information such as the electronic addresses of the parties involved, the quantity of bitcoins to be traded, and a time stamp.


Suppose Alice wants to transfer one bitcoin to Bob. Alice starts the transaction by sending an electronic message with her instructions to the network, where all users can see the message. Alice's transaction is one of a number of transactions that have recently been sent. Since the system is not instantaneous, the transaction sits with a group of other recent transactions waiting to be compiled into a block (which is just a group of the most recent transactions). The information from the block is turned into a cryptographic code and miners compete to solve the code to add the new block of transactions to the blockchain.


Once a miner successfully solves the code, other users of the network check the solution and reach an agreement that it is valid. The new block of transactions is added to the end of the blockchain, and Alice's transaction is confirmed. (It can take up to 60 minutes, the time taken for six blocks of transactions to be processed, for users to be certain that their transaction has been successful.)

bitcoin transaction step 1

Step 1

Alice sends instructions to transfer bitcoins to Bob. Anyone using the network can view the message.

bitcoin transaction step 2

Step 2

Miners group the transaction together into a 'block' with other recently sent transactions.

bitcoin transaction step 3

Step 3

Information from the new block is transformed into a cryptographic code.

bitcoin transaction step 4

Step 4

Miners compete to find the code that will add the new block to the blockchain.

bitcoin transaction step 5

Step 5

Once the code is solved, the block is added to the blockchain and the transaction is confirmed.

bitcoin transaction step 6

Step 6

Bob receives the bitcoins.

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Reasons To Use Cryptocurrency Payments


1
Fees

2
Sensitive Data

3
International Use

4
Ecommerce

5
No Charge Backs

6
Mobility

7
A Growing Market

8
Commercial Use


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Reasons To Use Cryptocurrency Payments


1
Fees

2
Sensitive Data

3
International Use

4
Ecommerce

5
No Charge Backs

6
Mobility

7
A Growing Market

8
Commercial Use


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Cryptocurrency Opens The Door For Revolutionary Technological Possibilities


Irreversible

Irreversible

After confirmation, a transaction can't be reversed. At all. Once money is sent, it's sent. If you accidentally send money to a scammer, there's no recourse or safety net for you. The network is immutable, and unforgiving. But that property is also what makes crypto so secure. No centralized body or govemement can decide what you can and can't spend money on. Once it's spent. it's spent.
Irreversible
Irreversible

Irreversible

After confirmation, a transaction can't be reversed. At all. Once money is sent, it's sent. If you accidentally send money to a scammer, there's no recourse or safety net for you. The network is immutable, and unforgiving. But that property is also what makes crypto so secure. No centralized body or govemement can decide what you can and can't spend money on. Once it's spent. it's spent.

Pseudonymous

Any accounts and transactions are not connected to a real world identity. Bitcoin is sent to 30 character addresses that consist of various letters and numbers. Through intensive analysis, it can be possible to track certain addresses activities in relation to each other, but your Bitcoin address should have no real world ties to your identity.
Pseudonymous
Pseudonymous
Pseudonymous

Pseudonymous

Any accounts and transactions are not connected to a real world identity. Bitcoin is sent to 30 character addresses that consist of various letters and numbers. Through intensive analysis, it can be possible to track certain addresses activities in relation to each other, but your Bitcoin address should have no real world ties to your identity.

Fast and Global

Fast and Global

Transactions can be propagated nearly instantly and confirmed within a couple of minutes. Since a decentralized network has nodes across the world, transactions are indifferent to your physical location and are always routed through the optimal node. It doesn't matter if you're sending Bitcoin next door or across the world, the transaction time is the same!
Fast and Global
Fast and Global

Fast and Global

Transactions can be propagated nearly instantly and confirmed within a couple of minutes. Since a decentralized network has nodes across the world, transactions are indifferent to your physical location and are always routed through the optimal node. It doesn't matter if you're sending Bitcoin next door or across the world, the transaction time is the same!

Secure

Cryptocurrencies are locked by public key cryptography. Only the owner of the private key attached to the funds can send them. Very complicated mathematics makes this scheme impossible to crack, at least within several human lifetimes. There are more public and private key pairs in the Bitcoin network than there are stars in the Andromeda Galaxy. It would take an unbelievable amount of time to crack any specific one.
Secure
Secure
Secure

Secure

Cryptocurrencies are locked by public key cryptography. Only the owner of the private key attached to the funds can send them. Very complicated mathematics makes this scheme impossible to crack, at least within several human lifetimes. There are more public and private key pairs in the Bitcoin network than there are stars in the Andromeda Galaxy. It would take an unbelievable amount of time to crack any specific one.

Permissionless

Permissionless

You don't have to ask anyone to use cryptocurrency. The network is incapable of discrimination. All you need to do is download the software for free! After it's installed, you can send and receive Bitcoins as much or as little as you like! You can even run a node that allows you to actively participate in the confimation of transactions!
Permissionless
Permissionless

Permissionless

You don't have to ask anyone to use cryptocurrency. The network is incapable of discrimination. All you need to do is download the software for free! After it's installed, you can send and receive Sitcoins as much or as little as you like! You can even run a node that allows you to actively participate in the confimation of transactions!



Payment Business

Crypto Payments


Payment businesses have gone through a revolution in the last few years. From blockchain, and FinTech to AI and cryptocurrencies, the world of international commerce is moving faster than ever.


The payment industry of the future is shaped by a mobile device or a computer. It happens at home and on the go. The shop is open 24 hours a day, and customers are demanding more from their platforms than ever before.


In 2019, E-commerce was responsible for around $3.53 trillion in sales, increasing from $2.92 trillion in 2018. By 2022, the global e-commerce is expected to rise to $5.69 trillion. This represents expected growth of 61% over the next three years. The digital marketplace is growing, and the future belongs to the businesses that can stay ahead of the curve.


Customers prefer to make their purchases from their mobile phones or tablets. A whopping 72 percent of E-commerce sales will take place on a mobile device by 2021. This is important for a couple of reasons. First and foremost, purchases can be made at home or on the go.


New Applications With Blockchain



Payments

Payments

By enabling peer-to-peer payments, the blockchain opens the door to direct interactions between parties.
Smart Contracts

Smart Contracts

Distributed ledgers enable the coding of simple contracts that will execute when specified conditions are met.
Crowd Funding

Crowd Funding

Blockchains take this to the next level, potentially creating crowd sourced venture capital funds.


Governance

Governance

By making vote results fully publicly accessible, distributed database technology could bring full transparency to elections.
Supply Chain Auditing

Supply Chain Auditing

Blockchains provide an easy way to certify the origin of products. Blockchain timestamping of dates and locations would correspond with product numbers.
File Storage

File Storage

Decentralizing file storage on the Internet brings clear benefits. Distributed data prevents hacked and lost files.


Prediction Markets

Prediction Markets

Prediction markets pay out according to event outcomes. Blockchains are a 'wisdom of the crowd' technology that will no doubt find new applications for years.
Protection IP

Protection IP

Smart contracts can protect copyright and automate the sale of creative work online. this eliminates the risk of file copying and redistribution.
Internet Of Things

Internet Of Things

Smart contracts can automate remote systems through a Combination of software, sensors, and network facilities.


Neighbourhood Microgrids

Microgrids

Blockchains enable markets for renewable energy within local areas like neighbourhoods.
Identity Management

Identity Management

Distributed ledgers offer enhanced methods to prove who you are. Having a secure, digitized identity will be important as online services continue to evolve.
AML And KYC

AML And KYC

Improving anti-money laundering and know your customer practices can have huge potential. Cross-institution client verification and stronger analysis is possible with blockchain.


Data Management

Data Management

Users will have the ability to manage and sell their online activity profiles in small, fractured amounts if they see fit.
Land Title Registration

Land Title Registration

Publically accessible legers can make all types of record keeping more efficient. Property titles are susceptible to fraud, and can be secured on chain.
Loyalty Rewards Programs

Loyalty Rewards Programs

Blockchain could further revolutionize the retail experience by becoming the go-to for loyalty rewards.
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