Alternet Systems (ATS) has reportedly partnered with BitPay to launch a business-to-business (b2b) bitcoin payment solution for its Alternet Payment Solutions (APS) subsidiary.
The company, through its acquisition of Biometry, is also reportedly in possession of the technology to potentially enable facial and voice recognition to authenticate mobile payments.
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Recall that shares in Alternet Systems were purchased earlier this by Hub Culture using its Ven currency. The deal granted ATS an “authority status” as partner with Hub Culture. ATS facilitated transactions with their Ven currency. On now facilitating Bitcoin payments, CEO Henryk Dabrowski commented:
“This will also broaden our global service offering related to facilitating transactions beyond utilizing Ven, a global digital currency traded on international markets and originally used by members of the social network service Hub Culture. We now have a reliable and secure partner to fulfill transactions with Bitcoin. Together, we will enable customers the ability to fulfill digital currency transactions online and through mobile devices.”
Alternet Systems is publicly traded on the OTC markets, worth $0.065 a share and has a market cap of $6.38 million.