The information was found within the code the action of coding is to write programming statements for a program. of their mobile app. iOS, where you could even find the logo of the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. in question. PayPal confirmed those plans in an interview for Bloomberg.
The operator of one of the most widely used digital digital technologies are these electronic tools that have the ability to generate, store or even process data. payment systems in the world, PayPal, apparently has among its plans the possibility of launching a cryptocurrency of its own, which would be known as “PayPal Coin” and would be backed in U.S. dollars.
Although this has been speculated about in the past, the evidence that points to these plans being ongoing was found in the code of their application for mobile devices with operating system iOS, where some programmers found data associated with this new cryptocurrency, including even the name it would have and the corresponding logo.
This logo was found inside the application pic.twitter.com/5WqgMCW9kk
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PayPal confirmed the plans
Given all this evidence, the PayPal team confirmed these plans in an interview with the media outlet Bloomberg.
In this regard, the senior vice president of the area of cryptocurrencies and digital currencies of PayPal, José Fernández da Ponte, said in a statement:
“We are exploring a stable currency; if and when we look to move forward, we will, of course, work closely with the relevant regulators.”
In relation to the logo and other data, a spokesman for the company said that all this information hosted on the app for iOS came from an internal hackathon held by PayPal, where they were testing some concepts and ideas that could well be developed further in the future. Therefore, although the plans are confirmed, it is possible that the final product will differ from what they found in the application code.
Let’s keep in mind that currently PayPal has support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for currencies such asBitcoin, Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. Cash, Ethereum a decentralized open-source blockchain with smart contracts functionality. y Litecoin. However, these can only be used within the app, although the directors indicated that in the future it would be contemplated that these funds can move freely and not be trapped there.
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Version by Angel Di Matteo / DiarioBitcoin
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