07 Sep '13, 10am

BitMonet unveils free bitcoin paywall function for publishers

BitMonet unveils free bitcoin paywall function for publishers

Payment processor BitPay is working with an open source project called BitMonet to enable microtransactions for publishers. The project allows publishers to install paywalls on their web sites, charging for access to digital content using a variety of models. Started by Bo Li, Ankur Nandwani, and designer Valerie Chao, the project was conceived at the Bitcoin 2013 conference in May. The BitMonet system is different from other microtransaction systems such as Coinbox.me or Coinbase’s microtransaction service says Ankur, because it focuses on a particular vertical industry – publishing – rather than simply enabling microtransactions for generic sites. “The first thing I do when I get up in the morning is read news from all over the world,” says Nandwani, who is a senior engineer working on Android software. “I have seen different websites that I go to, such as the New York T...

Full article: http://www.coindesk.com/bitmonet-unveils-free-bitcoin-pay...

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