Nanopayments for web content, built on Stellar.
SatoshiPay is a login-free, one-click payment widget for the web. Their blockchain-based technology makes it possible to transfer super-small amounts between content publishers and consumers. This means new revenue streams can be explored: publishers can sell content for as little as 1 cent without any friction, bundling, or signup. Just no-nonsense, direct micropayments everywhere.
Due to its wild success, stalling scalability measures and the subsequent network congestions, minimum amounts that can be sent over the Bitcoin network and transaction fees rose from under a cent to several EUR/USD per transaction. For SatoshiPay this meant we could no longer wait for Bitcoin to scale, but needed to look for a new blockchain or distributed ledger to migrate our nanopayment system to. We looked at different options that are suitable for micropayments at our expected scale, did thorough due diligence and tested extensively for current production readiness — and concluded to make Stellar our default ledger.
- SatoshiPay, SatoshiPay partners with Stellar.org