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Decentralized finance lending platform Aave has launched a new social media protocol it hopes will take the likes o
stanley mugs f Twitter, Facebook, Instagram and TikTok into the open-source, tech-giant-free world of Web 3.0.Unlike many other projects in the growing field of decentralized social media, Lens Protocol is not an app so much as it is a framework upon which social media projects can be freely built. Everything is based on non-fungible tokens NFTs , starting with user-controlled profiles that contain the history of all posts, mirrors, comments and other content you generate, Lens said. That means you can take your profile with you.All content like images, music and video will be held in non-fungible tokens, and even follows and likes, will be NFT-based. That means you can take your followers with you 鈥?a big deal to many longtime crypto builders and users.With
stanley cupe the modest Twitter announcement Today everything changes, Lens Protocol promised familiar social media functions like having a profile, commenting, resharing a post, and more 鈥?but unlike social media of the past, Lens Protocol is pow
stanley cup ered by NFTs, so you own and control all of your content. The Next WebThis brings two questions to mind: What is Web 3.0, and what is a Defi lending/borrowing platform doing creating a social media platform See also: Musk, Dorsey Hint VC Money Puts Web3 Vision at RiskNow, weve gone into Web 3.0, also known as Web3, before, but the short version is that its blockchains next-generat Ianp Uber Eats Enters UK Convenience Market With Costcutter Partnership
Revolution Payments聽announced its聽Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded聽24 years ago, Revolution is focused on delivering reliable and secure payment solutions for clients, including Ramada, Holiday Inn Express, Volvo, Kenworth and Mack.Each time a merchant accepts a credit card t
stanley cup ransaction, Visa and Mastercard use interchange fees to determine how much is paid to the issuing bank. As the company explains on its website, for business-to-business B2B and business-
stanley quencher to-government B2G purchases, these interchange fees fall into one of three processing categories: Level 1, Level 2 or Level 3. L
stanley polska evel 1 has the highest rates, and Level 3 has the lowest rates.Revolution automated processing solution eases the friction for the data entry normally required to qualify for Level 3 interchange rates. The solution automatically detects whether the transaction is Level 3 eligible, while also lowering the interchange costs by up to 40 percent before a processor applies its rate to the transaction.Many businesses have been conditioned to focus only on rate when choosing a credit card processor. Rate is important 鈥?however, up to 90 percent of the credit card processing fees [a] business pays to accept cards goes right back to the card-issuing bank. This is referred to as interchange; interchange is the same, regardless of the processor. Proces
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