Global bitcoin processor and merchant payment solutions provider BitPay has partnered with online multiplayer gaming giant Wargaming to enable their massively-multiplayer online (MMO) gaming platform to accept bitcoin.
Wargaming is the leader in MMO gaming and has released 15 popular strategy-based games including World of Tanks, World of Warships, and World of Warplanes over the past few years. All of the company’s games are free to play and the Wargaming platform enables players to customize weapons and vehicles used in the game. With the integration of BitPay, users of the Wargaming platform can top up their in-game currency – virtual gold – using bitcoin to purchase game power-ups and customizations in many games.
Interestingly, Wargaming’s integration of the BitPay processing technology is one of the first implementation of the Payment Protocol standard, which allows Wargaming customers to purchase virtual gold faster, broadcasting their transaction to the Bitcoin network in less time.
The Payment Protocol standard was first introduced in BIP 70, to settle more secure and quicker transaction. According to BitPay, there are three main difference between a Payment Protocol transaction and a standard bitcoin payment.