WC3’s Web Payments Redesign Could Bypass Bitcoin

By October 31, 2014Bitcoin Entertainment

WC3's Web Payments Redesign Could Bypass Bitcoin

Like innovators in the bitcoin space, the World Wide Web Consortium (W3C) is seeking to solve e-commerce’s persistent problems of high friction and fraud rates through its new Web Payments Interest Group, announced on 15th October.

Proponents of digital currency have been enthusiastic about the launch , expressing optimism that the non-profit dedicated to establishing consensus for open web standards – founded by World Wide Web inventor Tim Berners-Lee – would embrace an innovation that itself has been heralded as the Internet of money.

Expectations […]

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