QR Codes in Crypto: Simplifying Transactions
QR code is a machine-readable label, the information on which is encoded in black and white graphic image.
What is QR code?
QR codes are used in the cryptocurrency industry to share wallet data with other users. The required Bitcoin address will be used so that users can make payments and receive transfers using bitcoin. In addition, a problem with such addresses is that they are long and hard to remember.
In addition, a tag can be added to the QR code, indicating the number of money that is sent and the recipient. The process of creating a QR code is very simple. A cryptocurrency address is first entered into the address field. When the recipient receives, it is necessary to specify what sum of money will be paid. The sender can change the color of QR code and to change the colors of the frame. QR-code will stand out against the background of others and will be more easily identifiable. During this process, the QR code should be downloaded and then it is possible to start a work.