PAYPAL-the payment gateway has filed a patent with the US Patent and Trademark Office to improve the speed of cryptocurrency payments.
According to the report, PayPal will design a system that will be helping to solve the problem of slow transaction times for cryptocurrency trades that have led potential crypto users to “instead choose to perform the transaction using traditional payment methods rather than virtual currency:”
Indeed this is a huge step in crypto world. It can boost the usages of crypto currencies as payment solution.
