{"id":164178,"date":"2021-01-27T16:00:00","date_gmt":"2021-01-27T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/australian-payments-giant-eftpos-becomes-hedera-node-operator\/"},"modified":"2021-01-27T16:00:00","modified_gmt":"2021-01-27T13:00:00","slug":"australian-payments-giant-eftpos-becomes-hedera-node-operator","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/australian-payments-giant-eftpos-becomes-hedera-node-operator\/","title":{"rendered":"# Australian payments giant Eftpos becomes Hedera node operator"},"content":{"rendered":"

“# Australian payments giant Eftpos becomes Hedera node operator <\/strong>”
\n<\/p>\n

Australia\u2019s top national debit infrastructure operator, Efptos, has been announced as the newest member of Hedera\u2019s Governing Council.\u00a0<\/p>\n

Alongside becoming the 17th council member, Eftpos will also become Hedera\u2019s first network node operator in Australia. Other council members include Google, IBM, Boeing, and Deutsche Telekom. <\/p>\n

While Electronic Funds Transfers at Point of Sale (EFTPOS) is a type of payments technology<\/a> used around the world, it’s also the brand of a specific system used for such payments in Australia and New Zealand.<\/p>\n

Eftpos CEO, Stephen Benton, described its increasing engagement with Hedera as a core component of its digital payments innovation strategy, predicting that crypto-powered micropayments will drive positive disruption across Australia\u2019s economy:<\/p>\n

\u201cWe are excited to participate in the development of next-generation micropayments technology that has the potential to open up entirely new ways of conducting business for Australian enterprises and enable compelling new experiences for Australian consumers,\u201d he said.<\/p>\n

The news<\/a> follows a successful proof-of-concept last year conducted by Eftpos and Hedera into micropayments, with the initiative piloting frictionless sub-cent transfers using Eftpos\u2019 API and Hedera\u2019s AUD stablecoin. Eftpos Entrepreneur in Residence, Rob Allen, said:<\/p>\n

\u201cBy combining the new Eftpos API infrastructure with a consumer wallet-based experience, digital identity, and an AUD-based stablecoin using Hedera\u2019s superfast, secure and low-cost distributed network, the PoC\u2019s objective was demonstrably achieved.\u201d<\/p><\/blockquote>\n

\u201cUse cases like this simply are not possible on other public blockchains. Along with several partners, we are now exploring a variety of use cases that this combination of technologies enables and the options to commercialize them,\u201d Allen added.\u00a0<\/p>\n

Mance Harmon, Hedera Hashgraph\u2019s CEO and co-founder, predicted collaboration between Eftpos and the other council members will mak \u201cmicropayments and other innovative financial models a reality for millions of consumers and billions of IOT devices\u201d in Australia.<\/p>\n

Hedera has expanded its Australian presence over the past year, with a government-backed supply chain traceability platform launching on Hedera\u2019s Hashgraph in September.<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# Australian payments giant Eftpos becomes Hedera node operator ” Australia\u2019s top national debit infrastructure operator, Efptos, has been announced as the newest member of Hedera\u2019s Governing Council.\u00a0 Alongside becoming the 17th council member, Eftpos will also become Hedera\u2019s first network node operator in Australia. Other council members include Google, IBM, Boeing, and Deutsche Telekom….<\/p>\n","protected":false},"author":1,"featured_media":164179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZWZlMTdiYzMtMThmYS00NDYxLTg5MzctYTBmMTg3MTViMTY2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,20358,117],"class_list":["post-164178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-australia","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/164178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=164178"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/164178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/164179"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=164178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=164178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=164178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}