Top Peer-to-Peer Electronic Cash Systems in 2021 - Crypto News

Top Peer-to-Peer Electronic Cash Systems in 2021

The crypto ecosystem has long surpassed the centralized payment system and now relies on a peer-to-peer, completely decentralized payment system that eliminates any intermediaries. The exclusion of intermediaries is one of the USPs of decentralized finance over traditional financial methods, as users have complete access and control over their assets.

While there are several peer-to-peer electronic cash systems, some operate more effectively than others. While some still use outdated technologies and consensus algorithms such as Proof-of-Work, others have transcended to next-level protocols such as Proof-of-Stake. 

Today, we will be discussing top peer-to-peer electronic cash systems that include crypto exchanges, payment merchants, blockchain networks, etc. 

Coinbase Commerce 

Coinbase is one of the most prominent and used crypto trading platforms, with users spanning all over the world. It is powered by quick and low-cost transactions and has one of the most extensive ranges of cryptocurrencies. Coinbase Commerce is an initiative by Coinbase to help businesses start accepting cryptocurrencies as a regular payment mode. 

Bitcoin Latinum

Bitcoin Latinum is a next-gen Bitcoin based on a proof-of-stake consensus protocol to offer quick, low-cost, secure, and green crypto transactions. Bitcoin Latinum is capable of handling large volume transactions within seconds to keep the blockchain network clear and in optimal conditions. 

Moreover, Bitcoin Latinum has joined Crypto Climate Accord to ensure that it works with a net-zero carbon footprint. Also, by being insured by Marsh and McLennan, Bitcoin Latinum aspires to become the world’s largest insured digital currency. 


Electroneum is a UK-based blockchain project that uses ETN cryptocurrency to offer an app where users can engage in cross-border transactions at low costs. The company currently has over four million users and is serving several clients to promote the use of digital currencies, 

Users can receive ETN on the app equipped with several services and do not require a bank account.


CoinGate facilitates payments between popular cryptocurrencies such as Bitcoin, Ether, Litecoin, and over 50 other digital currencies. The biggest USP of CoinGate is that users can receive settlements within a second with no risk of volatility and low withdrawal fees of 1% flat. 


Blockonomics is a decentralized payment solution that offers specialized transaction tools to enhance BTC use. The platform has been operating for over six years now and serves various clients in different regions. Moreover, the platform offers the ability to users to generate Bitcoins by accepting them on online stores with features such as P2P invoices. 

Paytomat Wallet

Paytomat wallet is a simple to use wallet that anybody can use to receive and send cryptocurrencies or make payments for purchases such as gas, food, taxi, rentals, bookings, etc. The wallet supports BTC, ETH, LTC, Dash, XM, EOS, Waves, ZEN, XZC, and several other ERC-20 and EOS tokens. 

All of the projects mentioned above have unique features that make them a true asset for every business. However, specific projects such as Bitcoin Latinum have core advantages of developing their own cryptocurrencies with zero carbon footprint. 



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