Bison Trails supports Crypto.com’s payments blockchain with key infrastructure

Bison Trails supports Crypto.com’s payments blockchain with key infrastructure

Blockchain infrastructure provider Bison Trails has announced another major industry partnership, this time with Crypto.com, a leading digital currency exchange looking to bring familiar transactional use cases to cryptocurrency markets.

Bison Trails is providing key infrastructure to Crypto.org, Crypto.com’s public, open-source payments blockchain. As part of the mainnet launch, Bison Trails will provide reliable validator node infrastructure to optimize validation and governance participation.

Our top trading bots

In terms of technical specifications, Bison Trails will support the mainnet launch with participate clusters, query & transact clusters and seed nodes, the company explained. As Cointelegraph recently explained, Bison’s participate clusters feature two components to enhance security — validator nodes hosted in a private network and sensory nodes that interface between the validators and public blockchain.

Kris Marszalek, CEO of Crypto.com, described Bison Trails as an “invaluable partner” in the launch of the Crypto.org Chain. He explained:

“This is a pivotal moment in our company that brings us closer to our vision of making crypto assets and transactions accessible to everyone.”

The Crypto.org Chain beta run processed 275 million transactions, the company said. The Crypto.org Chain will initially be supported by Crypto.com Pay, a cashback payment solution.

As Cointelegraph recently reported, Crypto.com has become a principal member of the Visa network in Australia, a move that coincides with the company’s efforts to expand its crypto credit card services. The company was the first to launch a crypto-backed Visa card in 2018. Cryptocurrency-backed credit cards have grown in popularity ever since, with the likes of Gemini exchange and BlockFi announcing cashback rewards cards.  

Bison Trails has inked several high-profile partnerships recently. The company was acquired in January 2021 by Coinbase in a deal that would allow Bison to continue operating as a standalone product.

Continue reading upon Cointelegraph
Green ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance
Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when proposed cryptocurrency legislation was altered to not include a ban on proof-of-work-...
Crypto winter 2022: Here’s what crypto industry veterans expect
As the total cryptocurrency market capitalization dipped below $2 trillion last week, major crypto executives have been increasingly talking about a potential...
Circle’s valuation doubles to $9B following revised merger agreement with Concord
USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp,...
API3 price gains 55% after new partnerships and exchange listings attract investors
In the emerging Web3 world, data is the most valuable commodity, and oracle solutions provide a valuable role in facilitating the accurate and secure transmission...
Tennessee lawmaker introduces bill which would allow state to invest in crypto
Jason Powell, a member of the Tennessee House of Representatives, has introduced a bill proposing counties, municipalities, and the state to invest in cryptocurrencies...
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the...
Cointelegraph Consulting: Is OpenSea an undervalued NFT marketplace?
Without a doubt, 2021 has been a momentous year for nonfungible tokens (NFT). The nascent market has seen unprecedented growth as sales volume from January...
Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally
Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval...
Crypto mining demand soars in Vietnam amid Bitcoin rally
The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first...
Top Shot to sell exclusive NFT moments at live basketball games
NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas...
Elon Musk says Bitcoin may have already hit his benchmark on renewable energy
Tesla CEO Elon Musk has hinted that the crypto industry is on its way toward greener future, but Tesla won’t be accepting Bitcoin payments just yet.Speaking...
China shuts down crypto mining in Anhui province
The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province.Authorities...
New report: El Salvador Bitcoin pump failed to attract smart money, for now
Bitcoin (BTC) logged its best daily performance on Wednesday since Feb. 8, the day Tesla announced that it had added $1.5 billion worth of BTC to its balance...
$2.3 bln OneCoin Alleged Ponzi-Scheme: China Prosecuted Final Suspects
Remember OneCoin? A project which received much support at the dawn of the cryptocurrency history? The one that started facing investigation regarding...
Putin to Evade Western Sanctions Thanks to “Cryptoruble”?
Christmas and New Year holidays are almost here, so it’s quite a time to think about best gifts you can make for your loved ones. Wait, you want to cryptograffiti,...