Banco de México (Central bank of Mexico) has built CoDi payment system for online payments, since more than half of Mexico’s population doesn’t have a bank account. So they plan to tap phone-based banking which is user-friendly, affordable apps from private companies. But, Amazon declined to comment on the alleged deal.
The post Mexico’s Central Bank Seeks Amazon Help For Mobile Payments appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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