Nanotransactions shows its Bitcoin side at Web Summit, to support both fiat and crypto

A startup called Nanotransactions is looking to change the way we view content on the web, and thereby "save high-quality journalism" and help "everyone make an online living." Nobody, it says, can afford to pay top-quality writers. Users are instead inundated with "clickbait" along the lines of "You won't believe these ten reasons..."

Instead of the traditional paywall model, where $x gets you unlimited access in an online publication, the user can pay as little as pennies to view content s/he is truly interested in. Whereas traditional credit card Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term can cost $0.30 per transaction, Nanotransactions charges as little as one cent.

An account can be used to manage multiple directions of the content economy: accepting payments for a user's published work, making payments for accessing content and managing payments for content republished from elsewhere.

Those following trends in digital currency will point out that such a model is begging for Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term support. Indeed, the company says that Bitcoin payment functionality will be in place "as soon after launch as possible." Notably, they have brought Bitcoin to the forefront at the ongoing Web Summit, tweeting:

Want a #bitcoin cookie? Say hi to Nanotransactions to the right of the main entrance in the Town Square #websummit pic.twitter.com/doVpEUzgYd — Nanotransactions (@nanotransaction) November 5, 2014

The startup is campaigning to raise funding on Indiegogo, a site that helps with the process with community engagement. A clip on the Nanotransactions' page ends off with the message, "We have the best devs, We have customers waiting, Now we just need funding." Its campaign to raise $85k has ended, with 66 funders contributing a total of $3227.