How New Software Solutions Will Integrate Crypto Payment Options in 2021 and Beyond
The world of cryptocurrency, defi, and DevOps are about to collide this year in the development of payment options that go way beyond the boundaries of centralized fiat currency. In fact, if you’re looking to get into DevOps, now’s the time. With so many online financial platforms looking for new software solutions to their crypto payment systems, the jobs will likely be plentiful. Don’t have the time to go back to school or still worried about the pandemic? In the wake of COVID-19 you can learn DevOps online.
In a recent report, crypto experts state that both the blockchain and the cryptocurrency market have made stunning strides in 2021 alone, despite the recent market pullback. The king of the cryptocurrencies, Bitcoin (BTC), was born in 2009 by an anonymous developer who calls him or herself Satashi Nakamoto. Since then, many cryptos have exploded in popularity and now major financial institutions like banks are entering the fray.
This means that more companies have also become interested in expanding their financial portfolios to include crypto, defi, and blockchain tech, many of them posting job opportunities for DevOps professionals on their websites. One stunning example of a company going all in on Bitcoin is Square, Inc. which reportedly nabbed more than 4,700 BTC worth about $50 million at the time.
On top of this, payment methods are changing while retail consumers have been exposed to digital currency products that can be used in lieu of an ever devaluing fiat currency. More than a few major corporations and companies, and even entire countries like El Salvador and Paraguay, are adapting to Bitcoin not only as a store of value, but an actual currency. Some of these business organizations include TD Holdings, Square, Inc., PayPal, Global Payments, Inc. and more.
Says Finaria.it, the global payments industry is expected to hit $6.6 trillion by the end of 2021, which represents a 40 percent increase in just two years. Even Amazon, Facebook, and Apple are said to be getting in on the crypto action with both financial investment and options for accepting crypto payments.
The development from individual online shops towards that of an integrated online shopping ecosystem has resulted in new opportunities for digital payment methods that never before existed. These new and developing mobile payment methods are expected to make up $2.5 Trillion in digital payments over the course of 2021.
TD Holdings, Inc.
According to Marketwatch.com, TD Holdings has just announced it has acquired eight software copyrights for the digital cloud storage of commodities. This is said to mark the company’s official entry into the development of the blockchain and defi ecosystem of digital payments as opposed to fiat.
PayPal Holdings, Inc.
In March of 2021, PayPal famously stated publicly that they had acquired Curv for the purposes of expanding their cryptocurrency and digital asset exposure. This proved a pivotal moment in the cryptosphere and sent the prices of BTC and other altcoins skyrocketing. Based in Tel Aviv, Israel, Curv is a leader in cloud-based infrastructure making them a DevOps leader in digital asset security software.
PayPal’s Vice President and General Manager for digital currencies, Jose Fernandez, said in a recent interview, “The acquisition of Curv is part of our effort to invest in the talent and technology to realize our vision for a more inclusive financial system.” He went on to say that he was very “impressed” with Curv’s talented DevOps team.
Early in 2021, Square, Inc. purportedly bought up more than 3,300 BTC at a price of around $170 million. This is said to be about five percent of the company’s cash. Armed with a belief that cryptocurrency and decentralized finance are tools for economic equality, Square believes that the previously unbankable individual will now be able to actively take part in the global financial system. In a word, crypto will allow them to be their own personal bank, which will assist them in securing a financial future that otherwise would not have existed.
Square’s overall crypto investment is a testament to their believe in BTC not only as a store of value as if it were digital gold, but also as a currency. The company is said to have plans to continue to include further investment in Bitcoin along with its other investments now and for the foreseeable future.
Global Payments, Inc.
A worldwide leader of digital payment software solutions, the aptly named Global Payments, Inc., recently acquired Zego from the Vista Equity Partners organization in effort to increase their crypto payment exposure. Provider of resident experience management software plus digital commerce property manager solutions, Zego will enable Global Payments to take the lead in the $6.5 billion real estate vertical market with powerful digital payment links.