Virtual Currency Information Bureau News: Shock in the Bitcoin world! Stripe acquires Privy, a new strategy is launched! Keep an eye on future developments. #Stripe #Bitcoin #Privy
Video explanation
Stripe strengthens its Bitcoin strategy?! A simple explanation for beginners of the startup acquisition news!
Hello everyone! Welcome to the blog that brings you blockchain technology news in an easy-to-understand way for everyone. I'm John, your host.
Today, we have some exciting news about Stripe, a big company that provides payment services, and many of you may think, "Oh, I've seen this logo before!" when shopping online. Apparently, Stripe is adding a new company to its team to further strengthen its Bitcoin (a type of special digital coin that can be used on the Internet and is famous as the world's first cryptocurrency) strategy. What does this mean for us? Let's take a look!
First, let's review! What kind of company is Stripe?
Some of you may be thinking, "I've heard the name stripe before, but I don't know much about it."
Stripe is a company that provides systems that allow businesses to easily and securely make online credit card payments and bank transfers. For example, when you buy something from an online store, Stripe's technology is often used behind the scenes. For stores, it's a very convenient service that means they don't have to create complex payment systems themselves, they can just leave it to Stripe!
It is truly like the unsung hero that makes financial transactions over the Internet smoother.
What is Privy, the new addition to Stripe?
Now, the company that Stripe has just acquired (purchased a company and added it to its group) is a startup (a young company aiming to grow through new technologies and ideas) called Privy.
Privy is a company that has technology related to "wallets" (wallets are like wallets for safely storing and using Bitcoin, which is digital money, and other cryptocurrencies) for safely storing and using Bitcoin and other cryptocurrencies (a general term for digital money or value that can be used on the Internet, there are many types).
This wallet system allows us to safely manage our digital money. Privy has been developing technology to make digital wallets easier to use and safer.
Why did Stripe acquire Privy? What the acquisition means
So what is Stripe's aim in recruiting Priby into his team?
According to the news, Stripe, along with Privy,"Building infrastructure for Bitcoin and cryptocurrency wallets (Infrastructure is short for the English word infrastructure, and refers to the basic facilities and mechanisms for society and services, such as roads, electricity, and water. In this case, it refers to building the foundation for using Bitcoin, etc.)"It seems that they are aiming for that.
In other words, Stripe is starting to seriously lay the foundation to enable many people to use Bitcoin and other crypto assets as a matter of course!
This means that in the future we can expect to see the following:
- Many online stores that use Stripe's payment service will now be able to accept payments using Bitcoin and other cryptocurrencies.
- Users will be able to manage their Bitcoin and other crypto assets in a secure, easy-to-use wallet provided by Stripe.
- This will make it easier for companies to introduce Bitcoin payments and cryptocurrency-related features into their own services.
Until now, the world of Bitcoin and cryptocurrencies has often been thought of as "somehow difficult...", but with large companies like Stripe getting serious about it, it could become much more accessible.
Great news for beginners too? Key points of this news
You may be thinking, "But that's something only people who are knowledgeable about blockchain and crypto assets can understand, right?" No, actually, this is a pretty exciting story even for beginners!
The point is"Ease of use"と"Sense of security".
- It might be even easier to use!
Stripe is a company that has always pursued the idea of "how to make payments as easy as possible." What if Stripe were to create a wallet for Bitcoin or other crypto assets? I'm sure they could come up with a service that is very easy to understand and can be operated intuitively even by people without specialized knowledge! This is good news for people who have been hesitant to use Bitcoin because they thought the settings were too difficult. - You might feel more at ease!
Some people may have the impression that Bitcoin and cryptocurrencies are a bit suspicious or secure. However, with a world-famous and trusted company like Stripe entering the market in earnest, such concerns may be gradually alleviated. More people may think, "If Stripe is doing it, I might give it a try."
When a big company makes a move, it affects a lot of people. The day when Bitcoin and crypto assets become a "normal option" for many more people, rather than just for a select few tech-savvy people, may not be far off.
A word from John
I think Stripe's acquisition of Privy and strengthening its wallet infrastructure for Bitcoin and other cryptocurrencies is a huge step! With Stripe, a payment professional, getting serious, the world of cryptocurrencies, which has previously been considered "difficult" and "hard to get into," may suddenly open up.
We'll be keeping a close eye on Stripe's future developments and how cryptocurrencies will affect our lives!
This article is based on the following original articles and is summarized from the author's perspective:
Stripe Acquires Startup Privy To Expand Bitcoin
Strategy