Thursday, June 13, 2024

    Nuggets partners with Credits to develop market leading e-commerce on Blockchain

    Nuggets, the blockchain e-commerce payments and ID business, has partnered with Credits, the blockchain platform for fast and scalable dApps, to develop a better e-commerce experience for both customers and businesses.

    “We’re delighted to be working with Credits to improve the experience of businesses and customers when they shop online. By combining our unique solution, which allows individuals to make e-commerce payments without sharing data, with Credits’ high speed, high volume and low fee blockchain for dApps, we believe we have the perfect foundation to do exactly that,” said Alastair Johnson, CEO and Founder of Nuggets.

    The two blockchain companies have signed a global partnership that will involve Nuggets exploring how it can use Credit’s low fee, high volume and fast blockchain, while Credits will look at integrating Nuggets’ ID and payment features.

    “The combination of Credits and Nuggets will be of huge benefit to businesses and customers that want to build or use fast and secure e-commerce solutions on the blockchain. We look forward to exploring the range of possibilities that our technologies can provide together,” said Igor Chugunov, CEO of Credits.

    This news comes hot on the heels of Nuggets’ announcement that Kevin Jenkins, the former Managing Director of Visa, has been hired to take responsibility for establishing Nuggets in Europe as well as for business development.

    The company has also made a string of other partnerships in recent months, including agreements with Storiqa, a marketplace for buying and selling goods with cryptocurrencies, and QFPay, the Chinese payment provider used by WeChat and Alipay.

    In recent months, Nuggets has received the backing of the UK Department for International Trade, The Mayor of London and The City of London, and was selected for the prestigious Access India Programme.

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