WC3’s Web Payments Redesign Could Bypass Bitcoin

By November 1, 2014Bitcoin Politics

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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