PumaPay becomes a Founding Member of UNIC’s Institute For the Future (IFF)

PumaPay becomes a Founding Member of UNIC’s Institute For the Future (IFF)

For the Advancement of Blockchain Research and Development

The Institute For the Future (IFF) at the University of Nicosia (UNIC) announces its partnership with PumaPay, a Cyprus-based blockchain project focusing on developing the innovative PullPayment Protocol. PumaPay becomes a founding member of IFF, a new interdisciplinary research centre of the University of Nicosia that aims to expand the understanding of blockchain and AI, as well as their effective integration, contributing to their effective application in industry, government, education and society in general. IFF’s vision is to become a leading academic research centre, spearheading interdisciplinary research and innovation across Cyprus, the EU and the world.

“Blockchain technology holds great promise for the future – not just in payments, but in nearly every sphere of our life. As we develop our innovative payment solution, in a way that has never been done before, we consult with the brightest minds and latest research of this new industry. We see ourselves as a bridge between academic research and real-world practical application of the blockchain technology as we develop our payment solution’, says PumaPay CEO, Yoav Dror.

PumaPay is developing a unique payment protocol that will enable merchants to easily accept payments in cryptocurrency with the convenience and versatility of payment scenarios currently only available via credit cards, such as recurring payments. By bringing this convenience to the blockchain, PumaPay aims to redefine the payments system. Multiple global brands have already committed to implementing the PumaPay solution, including Wix, Fashion TV, Rent24, and IronFX, to name a few.

UNIC was among the first universities in the world to embrace the technologies of the 4th Industrial Revolution, including the blockchain. Indicatively, the University launched the first-ever Masters’ Programme (MSc) in Digital Currency and is committed to advancing its academic studies and research of the blockchain and related fields.

“We are excited to welcome PumaPay as a Founding Member of the Institute For the Future. As IFF aspires to become a leading source of research and technology development at the intersection of exponential technologies, including blockchain, it is essential to bring together both large corporations and innovative start-ups working on these technologies. We expect PumaPay’s expertise in blockchain-based payment protocols, coupled with the know-how of our other corporate and academic members, to contribute significantly to realizing IFF’s vision’, says George Giaglis, Director of IFF at the University of Nicosia.

About UNIC and IFF

About PumaPay:

PumaPay offers an open source free-of-charge blockchain-based protocol that decentralizes a whole layer of transaction processing services. The comprehensive and flexible protocol allows adopters to process transactions using nearly all the familiar billing methodologies and combines the best of traditional methods (credit cards) and blockchain-based solutions. Visit https://pumapay.io/contact/ for more information. Contact: pr@pumapay.io

About IFF:

The Institute For the Future (IFF) is a research institute at the University of Nicosia (UNIC). IFF was founded to explore the hypothesis that technological progress will cause rapidly accelerating societal change over the coming decades. A wide range of technologies – blockchain, artificial intelligence, biotechnology, nanotechnology, robotics, augmented and virtual reality, drones, decentralized autonomous organizations, computational medicine, the internet of things, autonomous vehicles – will start reaching commercial viability by 2020. Each of these technologies would be individually disruptive. In aggregate, these technologies will have a compounding effect on the economy, social structures, legal systems, income distribution, governance, education, and warfare – and raise fundamental questions on how society is organised. The goal is to push students and faculty (at our University and others), as well as policy-makers and business leaders, to prepare for these changes and aim for societally beneficial outcomes. The Institute’s mission is interdisciplinary by nature and it works across Schools and Departments to support academic programmes, research, training and conferences. Given the emerging nature of these fields, it strongly welcomes collaborations with other universities and organisations interested in similar areas.