Report: Enterprise bitcoin payments processor Bitnet in talks to sell IP to Rakuten

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Enterprise bitcoin payments processor Bitnet Technologies Ltd. looks set to be presumably withdrawal a bitcoin remuneration industry, with a news that it is in a routine of offered a egghead skill resources to Japanese e-commerce hulk Rakuten, Inc.

The Wall Street Journal claims to have seen a memo associated to a deal, and that Rakuten is deliberation regulating Bitnet’s resources to continue contrast and building blockchain technologies.

Of note, Rakuten now uses Bitnet to accept bitcoin payments opposite a e-commerce platforms and binds a minority interest in a association by a prior investment.

Founded in 2013, Bitnet provides a digital commerce height that allows enterprise-scale merchants to accept bitcoin payments.

In further to charity remuneration solutions, a association also offers a accumulation of other services, including blockchain digital item management, blockchain consulting, and B2B cross-border remittances.

Bitnet’s blockchain digital item government height offers a smoke-stack that simplifies a distribution and government of mixed item forms regulating a Open Asset Protocol to “color” a little volume of bitcoin and emanate a new digital item that inherits bitcoin characteristics; a height is pronounced to concede for a easy smoothness of tradition applications that yield domain-specific

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