Feb 28, 2020
CRUXPay is a decentralized protocol for blockchain naming and payment system. It enables users to create CRUX ID, which can be linked to the user's blockchain addresses. Using CRUX ID, users will be able to send, receive, and request payment. Additionally, users will be able to securely connect to any service/dApps on any device anywhere in the world.
The company insists that CRUX ID is completely secure and tamper-proof. It is generated by your wallet using your local public/private keys and is secured by hash power of Bitcoin by registering your CRUX ID on the bitcoin network. But I felt compelled to find out more about what makes this solution different than all the others out there.
Ashish Singal, the Co-Founder, and CEO of CRUXPay is also a hacker to the core and has won almost every major Hackathon in India, including those hosted by Sequoia, Google, Amazon, and LinkedIn. While working at Amazon as a Software Development Engineer in 2014, he led the internal team in building Amazon Prime's 1-hour delivery model.
Ashish Singal joins me on the Tech Talks Daily podcast in a conversation about the trends and technology that are shaping the broader adoption of cryptocurrency payments. We also discuss the potential pitfalls or otherwise of Libra's digital currency adoption.
I learn how crypto payments are outpacing modern payments technology and how crypto payments are a potential disruptor to modern banking systems.