Nuggets, A Blockchain ID And Payment Platform, Partners With CPChain, An Internet Of Things Leader
Nuggets, the blockchain e-commerce and ID platform, has recently announced a partnership with CPChain, a Chinese company focused on developing internet of things (IoT) devices. The partnership was made to secure the identity and the payments of the IoT consumers that CPChain has.
The CEO of Nuggets, Alastair Johnson, has affirmed that CPChain is a trusted platform that can be used for data sharing and for large transactions using IoT devices. According to him, the partnership will enable a way that can be more secure, efficient and private to exchange data and this will help both companies to penetrate the global markets.
This announcement comes a week later Nuggets announced that the former Visa managing director, Kevin Jenkins, will now be responsible for establishing the company in new territories like Europe.
The company has been making many partnerships recently, including some important ones with Storiqa, which is a crypto marketplace, and QFPay, a Chinese payment provider that serves 800 million WeChat users and 400 million users from Alipay.
Recently, Nuggets has also received backing from the UK Department for International Trade, the city of London and the mayor.
About Nuggets And CPChain
Nuggets is a fairly recent company that uses the blockchain technology to help the consumers who are interested in owning their data. The platform enables them to pay for goods and to verify their ID without actually needing to share information.
Because of this, the company is an expert in offering e-commerce solutions that can eliminate usernames, passwords and payment details at the same time.
CPChain is a fully decentralized platform for data infrastructure that is focused on the Internet of Things market. It develops IoT devices and integrates them with the blockchain technology, reducing the costs of system interconnection and improving security and privacy.