PayPal and Google Cloud join forces to launch cryptocurrency and AI payment solution

The two technology platforms have joined forces to launch an interoperability protocol between different AI systems, geared towards cryptocurrency payments

A strategic alliance between PayPal and Google Cloud will soon enable interoperability between different AI systems for the launch of a cryptocurrency payment system.

This initiative is based on incorporating blockchain technology to combine “Google Cloud’s processing power with PayPal’s payment services and cryptographic contracts.”

The goal is to optimize the user experience in e-commerce, “facilitating secure, traceable transactions tailored to each customer’s profile.”

According to both platforms, the integration of services such as PayPal’s Hyperwallet and Payouts within key Google products, from Google Play to Google Cloud, is planned, facilitating native access to cryptocurrency payments for millions of users without relying on third parties.

M.Pino

Source: iproup

(Reference image source: Brett Jordan on Unsplash)

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