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Encabezamiento

Encabezamiento
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September 25, 2023
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Rodrigo Gómez
4 min
La tokenización de acciones de TurinPool ya casi está aquí

Descubra cómo TurinPool aborda los desafíos comunes a los que se enfrentan los inversores y las empresas, ofreciendo soluciones únicas y fáciles de usar, como mercados y bóvedas empresariales personalizados. Este artículo revela las características y los beneficios que hacen de TurinPool un punto de inflexión en el mundo de las acciones tokenizadas.

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September 18, 2023
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Rodrigo Gomez
4 min
Aceptación de Bitcoin with TurinPay API integration

Explore la integración de la API de TurinPay y descubra el futuro del comercio electrónico con los pagos con Bitcoin. Guía fácil de usar y paso a paso para propietarios de tiendas en línea.

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September 5, 2023
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Rodrigo Gómez
4 min
7 beneficios de aceptar Bitcoin como método de pago

Descubra las ventajas de integrar los pagos con Bitcoin en su negocio. Desde las transacciones instantáneas y de bajo costo de la Lightning Network de Bitcoin hasta la protección contra las devoluciones de cargo fraudulentas, sumérgete en los beneficios que superan los riesgos. Manténgase a la vanguardia del comercio con la información de TurinLabs.

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August 21, 2023
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Rodrigo Gómez
4 min
Cómo elegir la mejor billetera de Bitcoin para pagos impecables

Obtén más información sobre los monederos de Bitcoin con nuestra guía. Cubrimos los aspectos básicos de los monederos automáticos fáciles de usar y las opciones seguras de almacenamiento en frío. Obtén la información que necesitas para tomar decisiones inteligentes en el mundo de las criptomonedas.

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August 7, 2023
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Rodrigo Gómez
4 min
¿Cuáles son las funciones de TurinPay?

Explore las características y funcionalidades de TurinPay, desde la gestión fluida de las transacciones hasta las herramientas para desarrolladores, y descubra cómo esta plataforma está revolucionando los pagos digitales.

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August 2, 2023
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Rodrigo Gomez
4 min
The power of use TurinPay y TurinPay.me

Descubra el revolucionario mundo de las transacciones de Bitcoin con TurinPay y TurinPay.me. Disfruta de microtransacciones instantáneas y fluidas, de una integración sencilla con WooCommerce y de perfiles de pago personales en BTC. ¡Disfruta hoy mismo del futuro de los pagos en línea!

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July 25, 2023
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Rodrigo Gomez
3 min
The Role of Bitcoin in the Global Economy

TurinLabs: Pioneering the future of decentralized finance with cutting-edge products. Discover how TurinPay, TurinPay.me, and TurinWallet leverage Bitcoin's potential, transforming the way individuals and businesses interact with financial services globally.

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July 10, 2023
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Rodrigo Gomez
2 min
TurinLabs' Experience at the Crypto Week Madrid Summit

Our CEO Miguel was invited to speak in a panel discussion about The Lightning Network, a pivotal topic in the world of blockchain and cryptocurrencies.

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June 28, 2023
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Rodrigo Gomez
3 min
Fueling a New Era of Decentralized Finance with $TURIN

Explore the unique features of the $TURIN token and how TurinLabs is revolutionizing the world of DeFi through innovative products like TurinPool. Discover how $TURIN is paving the way for a new era of decentralized finance.

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June 21, 2023
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Rodrigo Gomez
4 min
The Unstoppable Surge of Bitcoin Adoption

Dive into Bitcoin's global surge, its impact in emerging markets, and its role as a preferred payment method. Learn how TurinPay and TurinWallet are revolutionizing Bitcoin transactions with the Lightning Network.

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June 15, 2023
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Rodrigo Gomez
5 min
TurinWallet and the Lightning Network: Revolutionizing International Remittances

Explore how TurinWallet leverages the Lightning Network to revolutionize international remittances, offering a user-friendly, cost-effective, and fast solution for global payments.

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June 12, 2023
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Rodrigo Gomez
6 min
How to Accept Bitcoin Payments on Your Website

Learn how TurinPay leverages Bitcoin's Lightning Network to provide a seamless, secure, and innovative payment solution for your e-commerce business, maximizing profitability and customer reach.

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June 6, 2023
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Rodrigo Gomez
3 min
Top 5 Remarkable Use Cases of the Lightning Network

The Lightning Network (LN) is a game-changing innovation in the world of Bitcoin, solving scalability issues and paving the way for a more efficient, faster, and cost-effective experience.

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May 18, 2023
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Rodrigo Gomez
2 min
Revolutionizing Liquidity Access for Companies Through Tokenized Equity

In today's rapidly evolving financial landscape, the ability to adapt and innovate is crucial. This is particularly true when it comes to liquidity – the lifeblood of every business.

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May 2, 2023
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Rodrigo Gómez
4 min read
How TurinLabs Uses the Lightning Network to Revolutionize Bitcoin Payments

Discover how TurinLabs is leveraging the Lightning Network to make Bitcoin payments and transactions faster, more affordable, and more accessible for everyone.

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April 25, 2023
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Rodrigo Gómez
4 min read
The Superiority of Bitcoin's Lightning Network over Visa and Mastercard

In the evolving landscape of digital payments, Bitcoin's Lightning Network has emerged as a superior solution, outperforming traditional payment networks such as Visa and Mastercard.

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April 7, 2023
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Rodrigo Gómez
3 min read
The Beginner's Guide to TurinWallet: Your Introduction to the Lightning Network

Are you new to the world of cryptocurrency and looking for a simple and secure way to store and transact with Bitcoin? Look no further than TurinWallet.

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March 21, 2023
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Rodrigo Gómez
2 min read
Overcoming Liquidity Limitations Using TurinPool

Small and medium-sized businesses, also known as SMB's, often face financial challenges that larger corporations do not. One of the most significant challenges is limited access to liquidity.

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March 15, 2023
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Rodrigo Gómez
2 min read
3 Ways TurinPay.me Simplifies Payments

Are you tired of dealing with the hassle of invoicing, splitting bills, or reminding clients to pay you? Look no further than TurinPay.me, the payment solution that simplifies transactions for individuals, businesses, and freelancers alike.

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March 7, 2023
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Rodrigo Gómez
2 min read
How to Deposit BTC on TurinWallet using the Lightning Network

If you are a Bitcoin enthusiast you might be interested in learning how to deposit BTC onto TurinWallet using the Bitcoin Lightning Network. The Lightning Network is a second-layer payment protocol that facilitates instant transactions with very low fees or none.

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March 1, 2023
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Rodrigo Gómez
4 min read
How TurinLabs is Transforming the Payment Industry

TurinLabs is a startup that is transforming the payment processing industry with its Lightning Network and Bitcoin-based products.

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February 23, 2023
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Rodrigo Gómez
3 min read
Lightning Network: Top 13 Questions Answered

We hope this information assists you in familiarizing yourself with the Lightning Network. While there is a vast amount of technical, in-depth information available, this overview should provide you with a general understanding.

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February 21, 2023
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Rodrigo Gómez
5 min read
Uncovering the Benefits of the Lightning Network as a Payment Solution

The Lightning Network is a powerful tool that can help to make Bitcoin transactions faster, more secure, and more efficient. TurinWallet and TurinPay are two applications that make it easy for people to start transacting with the Lightning Network.

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February 15, 2023
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Rodrigo Gómez
2 min read
Enhancing Payments: An Overview of TurinPay's Lightning Network Integration on WooCommerce

TurinPay, as a Lightning Network application, is revolutionizing the payment industry by providing a free option for ecommerce stores and merchants to receive Bitcoin payments.

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February 7, 2023
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Miguel Caballero
3 min read
Meet Josu Sanz, new Product Business Developer

Josu boasts extensive expertise in the digital business and product realm, having established three successful companies and achieved sales of over 10,000 digital software licenses.

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January 25, 2023
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Rodrigo Gómez
2 min read
TURIN token: successful launch leads to strong market performance

The launch was a complete success. Now, by staking $TURIN, TurinLabs' DAPP now provides incredible yield opportunities. Presently, it provides a staggering 56.54% APR. And, as a bonus, you can farm with an APR of 88.38% at the time of writing.

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January 13, 2023
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Miguel Caballero
3 min read
Meet Rodrigo Gómez, new Marketing Officer

We are better than yesterday. We are glad to announce the incorporation to TurinLabs of Rodrigo ("Rodri") Gómez as Marketing Officer and future CMO. Rodri will be in charge of the business development and marketing staff any company needs to grow and scale.

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January 12, 2023
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Miguel Caballero
1 min read
Closing $TURIN token private sale: what's next?

After raising funds through the Tutellus launchpad in the $TURIN token private sale, everything about the results and next steps.

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December 13, 2022
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Miguel Caballero
1 min read
TurinLabs and TPVonline join forces to offer BTC payments to merchants

New partnership! TurinLabs and TPVonline join forces to offer BTC payments. From now on Gesio offers the TurinPay service for all his customers.

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December 13, 2022
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Miguel Caballero
2 min read
How to use TurinPay if you are an e-commerce

You may also think that "nobody pays with Bitcoin", and it's partially true because paying with Bitcoin is a painful process: it's slow and expensive. But there's a new technology over Bitcoin: it's called Lightning Network (LN).

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November 1, 2022
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Miguel Caballero
2 min read
TurinPay launches a plugin for Woocommerce

We are excited to announce the launch of our first plugin to process BTC-Lightning Network payments through our API, and the chosen platform is Woocommerce! the global leader website builder powered by WordPress.

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November 1, 2022
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Miguel Caballero
2 min read
Introducing TurinPay, the Lightning API for merchants

Learn about what problems solve TurinPay and why the "Bitcoin payments industry" needs fresh air with products like this.

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October 31, 2022
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Miguel Caballero
3 min read
3 things that make TurinWallet a killer-app

Learn about TurinWallet APP, the first step to introduce you to the crypto industry in a very simple way.

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October 31, 2022
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Miguel Caballero
2 min read
Why TurinPool will change the market forever

Learn about TurinPool, the framework to create liquidity for Equity tokens. The first AMM center on this kind of security tokens, and decentralized.

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October 30, 2022
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Miguel Caballero
2 min read
Who we are in TurinLabs

Meet the team behind the products we build in TurinLabs. A very recognized guys in the crypto and bitcoin scene worldwide.

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October 30, 2022
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Miguel Caballero
1 min read
Hello world!

Discover how TurinLabs was created and the values that inspire us to work every day.

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TurinWallet

TurinWallet and the Lightning Network: Revolutionizing International Remittances

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Rodrigo Gomez

June 15, 2023

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TurinWallet is a groundbreaking mobile application designed to make bitcoin transactions as simple and accessible as possible. It enables users to buy, receive, and send instant bitcoin payments through the Lightning Network, a layer 2 solution on top of Bitcoin's blockchain that allows for faster transaction times and lower fees.

The Lightning Network, a key component of TurinWallet's functionality, is a "layer 2" payment protocol that operates on top of a blockchain (in this case, Bitcoin). It offers a solution to the scalability issues that traditional blockchain-based cryptocurrencies face, enabling instant transactions and lower transaction costs.

International remittances, or the act of sending money abroad, play a significant role in the global economy, especially for developing countries. These funds often provide a lifeline for families, covering basic needs or contributing to local economies. Thus, the impact of TurinWallet and the Lightning Network in this space can be transformative.

Current Challenges in International Remittances

Remittance Service Providers (RSPs), businesses that facilitate international transfers of money, face significant hurdles. A common issue is the danger of being de-risked, where banks terminate or restrict their relationships with RSPs, particularly in uncertain times, which threatens the RSPs' access to the global financial system.

Locating trustworthy and capable partners in recipient countries also poses a challenge. An unreliable partner can lead to the loss of funds or reputation, causing RSPs to spend considerable resources on due diligence.

Additionally, the remittance business is largely cash-heavy due to the prevalent use of prefunding, a method requiring each participant to deposit cash to the expected value. This ties up capital, restricting cash availability and limiting business opportunities, especially during lengthy settlement periods.

Many remittance companies still operate manually, leading to high operational costs, inflexibility, and low resilience, particularly in the face of crises such as the COVID-19 pandemic, which forced many RSPs to close or limit operating hours.

On top of these issues, consumers often find the process of sending remittances complex and confusing, resulting in being overcharged. Hidden fees, lack of transparent pricing, and foreign exchange margins contribute significantly to the costs of sending money abroad. The global average cost of a remittance is a whopping 6.5%, which is more than double the 3% target set by the UN as a Sustainable Development Goal.

How TurinWallet is Solving these Challenges

TurinWallet offers innovative solutions to these problems by leveraging the advantages of the Lightning Network. This second layer solution on the Bitcoin network enables instant transactions, reducing the need for prefunding and the associated cash flow constraints. If you want to learn more about how the Lightning Network is solving many issues as payment solution check this other blog.

By using the Lightning Network, TurinWallet significantly reduces the fees associated with international remittances. The platform achieves this by conducting all transactions within Bitcoin's Layer 2, where transactions are virtually free. This approach drastically decreases the cost of sending money across borders, making the service accessible to everyone in the world.

Despite the transactions being conducted in satoshis, TurinWallet offers stability against Bitcoin's volatility. This stability is achieved by holding the users' Bitcoin in a stablecoin format (e.g.,  e€ or e$). This feature ensures that if a user charges 50€ in BTC to TurinWallet, they will always have 50€ in BTC, irrespective of fluctuations in Bitcoin's value.

Benefits of TurinWallet

TurinWallet's use of the Lightning Network not only speeds up transactions but also democratizes access to the digital economy. It is designed to be user-friendly, even for individuals with no prior experience in cryptocurrencies, making it more accessible to mainstream users. This focus on ease of use allows TurinWallet to reach a wider audience, including populations typically underserved by traditional financial institutions. Check this video out to see for yourself how easy it is.

The fiat on-ramp solution coming soon is another significant advantage, enabling users to charge their wallet from a credit or debit card with minimal friction. This feature makes the process of buying Bitcoin straightforward and user-friendly, lowering the barriers to entry for new users and facilitating the adoption of cryptocurrency.

Moreover, TurinWallet takes regulatory requirements seriously, conducting Know Your Customer (KYC) and Anti-Money Laundering (AML) checks on all its users. It has also initiated processes to be listed in the Bank of Spain as an official custody cryptocurrency provider. These measures ensure that the platform complies with regulatory norms and safeguards user assets, reinforcing trust and reliability in the platform.

Conclusion

In conclusion, TurinWallet is a pioneering solution in the realm of international remittances. It is leveraging the power of the Lightning Network and the stability of stablecoins to address the longstanding issues faced by traditional remittance services. By providing a user-friendly, cost-effective, and fast solution for cross-border payments, TurinWallet is well-positioned to revolutionize the remittance landscape and bring the benefits of digital currency to a global audience.

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