The world of micropayments is not the right place for credit card transactions or Paypal transfers, due to their high transaction fees. In fact, Bitcoin could be the only perfect candidate for microtransactions around the world. To put that statement to the test, WIFI Metropolis has experimented with using Bitcoin payments to get access to public WiFi hotspots.
WIFI Metropolis – Using Bitcoin For WiFi Access
Using Bitcoin as a payment method for WiFi access seems like a no brainer to digital currency enthusiasts, but putting it to practical use is a different matter altogether. As a tourist travelling abroad, getting access to public WiFi is difficult, especially because most countries won’t let a person pay for access because they live in a foreign country. Bitcoin could solve that problem, as this is a borderless payment method.
That train of thought has inspired several Bitcoin startups to explore the possibility of gaining internet access by paying in Bitcoin. Both BitMesh and WIFI Metropolis are taking different routes to reach this goal, either through using Bitcoin as a payment option for public WiFi directly or using the digital currency to “buy” internet access