BlocPal to surpass 1000 transactions per second within a year thanks to its innovative new variable block size capacity and encrypted data payloads technology.
By GEORGE WATSON November 1, 2018
(Newswire.net — November 1, 2018) — BlocPal, the Vancouver based blockchain payments company, will be presenting its live mainnet blockchain at the World Crypto Con in Las Vegas, NV on Thursday November 1, 2018. With an initial pool of over twenty miners, the BPChain technology is rolling out its mainnet with the goal of surpassing 1000 transactions per second before the end of 2019.
“Thanks to our variable block size and our encrypted data payloads, we are confident that BlocPal will soon be recognized as the most scalable blockchain on the planet,” explained Nick Mellios, CEO of BlocPal. “Today we are proud to be presenting our mainnet solution as well as the first iteration of our mobile apps.”
BlocPal will be showcasing its technology at kiosk # K16 at the Las Vegas World Crypto Con conference being held at the Aria Hotel and Casino between October 31 and November 2, 2018. Not only will they be providing information to possible mining partners, but also will be showing their consumer facing apps and merchant solutions.
BlocPal is built over the proven Bitcoin foundation with a series of innovative new functionalities designed to bring cryptocurrency payments to a mainstream audience. Thanks to its unique encrypted data payloads, BlocPal at launch time allows users to pay in any of four cryptocurrencies (BTC, BCH, LTC or ETH) and two fiat currencies (USD and CAD).
Using the BlocPal wallet app, now available on both the Google Play and iTunes app stores, consumers can pay in the currency of their choice without bothersome delays, while merchants receive guaranteed payouts at a fraction of the cost of working with credit cards. The company’s merchant solution makes paying as easy as snapping a picture of an instantly generated QR Code.
“Our mission is to make using cryptocurrencies simple and painless for everyone. With the BlocPal wallet you can buy a coffee or pay your rent with the cryptocurrency of your choice starting today,” stated Mellios. “Our team of 12 expert developers has been working on this solution for over a year and we’re thrilled to be presenting the live platform today at World Crypto Con.”
BlocPal is a Vancouver based FinTech company dedicated to the mission of “Blockchain Payments Done Right”. The BlocPal platform includes an integrated blockchain, an enterprise level back office together with both merchant and consumer software solutions. Interested parties can find more information on our website or downloading our app for their Android or Apple devices.