Square bags patent for new crypto payment network

Twitter CEO Jack Dorsey led Square bagged patent for its new cryptocurrency payment network that enables instant conversion of payments from fiat to non-fiat currencies, including crypto, as confirmed by the Coindesk earlier today. Dorsey’s payment company Square has begun 2020 with a bang. Earlier this week, its crypto-centric arm, Square Crypto, launched a first-ever product called the Lightning Development Kit that simplifies the integration of Lightning without the need to create a new wallet and thus, spearheading mass Bitcoin adoption by fast-tracking its transactions. Can Square’s crypto payment network be the next big thing in retail? Now, it has