STK
Instant POS crypto payments
Status
Not set
Intent
Intent
Chains
Ethereum
Category
Payments
Category
Channel Partner
Partner Type
No items found.
Integrations
Data Feeds
Product Type
Data Feeds
Industry
No items found.
Payments
Year
2018
Collaboration
Social
Integrations
Channel Partnership Details
December 18, 2018
STK to use Chainlink to Bridge Real Life Data with Blockchain
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Data Feeds
About
STK

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STK will be the first crypto payment solution in North America, providing users access to their money anytime, anywhere, and regardless of what the currency type, including cryptocurrency. Currently, transactions don’t settle in real-time on the blockchain and merchants that accept cryptocurrency are limited which cause roadblocks in mass adoption. The STK Token will be used as an utility in the STACK app to enable real-time transactions with cryptocurrency through the use of state channels. State channels are a technique for making off-chain transactions with almost the same security guarantees as an on-chain operation. It provides the speed required for STACK’s point of sale purchase mechanism: at the moment of purchase, the user sends STK Tokens to STACK in exchange for STACK using their liquidity pool to make a fiat purchase through MasterCard.

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Data Feeds
Payments