Nuggets, a blockchain e-commerce payments and ID company, has partnered with Credits, the blockchain platform for fast and scalable dApps, to develop a better e-commerce experience for customers and businesses.
The two companies have signed a global agreement that will involve Nuggets exploring how it can use Credit’s low-fee, high-volume and fast blockchain, while Credits will look at integrating Nuggets’ ID and payment features, according to a press release.
“We’re delighted to be working with Credits to improve the experience of businesses and customers when they shop online,” Alastair Johnson, CEO and founder of Nuggets, said in the release. “By combining our unique solution, which allows individuals to make e-commerce payments without sharing data, with Credits’ high speed, high volume and low fee blockchain for dApps, we believe we have the perfect foundation to do exactly that.”
The partnership come on the heels of Nuggets’ announcement that Kevin Jenkins, the former managing director of Visa, has been hired to take responsibility for establishing Nuggets in Europe as well as for business development.