Blue Star is an investing company with a focus on technology and its applications within media and gaming. Blue Star’s investments include a 31% holding in SatoshiPay, a nanopayment Web Tangle software company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC ("VNU") a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL;and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.

http://www.bluestarcapital.co.uk/


Satoshipay
https://satoshipay.io/

SatoshiPay | Gallery Suite | Master Investor Show 2017
https://www.youtube.com/watch?v=xv8-Pe74kjI

Q&A with CEO Anthony Fabrizi: SatoshiPay Re-Investment
http://www.directorstalkinterviews.com/blue-star-capital-plc-qa-ceo-anthony-fabrizi-satoshipay-re-investment/412726992

SatoshiPay will be using Tangle software through IOTA (What is IOTA in a Nutshell)
https://www.youtube.com/watch?v=UwEp5cexTJE
IOTA
https://iota.org/
Blue Star Capital Plc SatoshiPay reverse would be great

https://vimeo.com/206378385

TEST SITE
https://satoshipay.tangle.works/
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IOTA Unveils Flash Network, Allowing for true Nanopayments

https://www.cryptocoinsnews.com/iota-unveils-flash-network-allowing-for-true-nanopayments/

Live demo launching in a few days

https://www.reddit.com/r/Iota/comments/6uw66q/satoshipay_live_demo_launching_in_a_few_days/

Update on SatoshiPay

Excellent news from the update, news keeps building here, multi bagger in the making.

topped up this morning before the news. Patience required here but I'm sure we'll be rewarded nicely in the fullness of time..imho etc.,

RNS out.
Tony Fabrizi, CEO of Blue Star commented:

"We are pleased to see launch of this test website which demonstrates SatoshiPay's business model and which enables website publishers a working platform to see the ease with which they could monetise their content whilst allowing consumers to view paid-for content at the click of a button."

Meinhard Benn, CEO of SatoshiPay commented:

"The release of the proof-of concept with IOTA is an exciting step forward. When combined with the rapid pace at which blockchain technology is evolving, for example with unique distributed ledgers like IOTA's Tangle, the scale and efficiency with which SatoshiPay's business model can be rolled out is significantly improved."
http://www.moneyam.com/action/news/showArticle?id=5704205

TEST SITE In the header..
https://satoshipay.tangle.works/

SatoshiPay IOTA proof-of-concept launched

https://medium.com/@SatoshiPay/satoshipay-iota-proof-of-concept-launched-111b5c0d4bcf

SatoshiPay is now going to use Stellar as their default ledger. Launch this Dec.

SatoshiPay partners with Stellar.org
We are happy to announce our partnership with the Stellar Development Foundation (SDF). Starting with our next major release, we will use Stellar as the underlying cryptocurrency ledger of our nanopayment system. Stellar.org will generously credit each of our users 500 lumens. Yay!
A few months ago it became evident that Bitcoin’s original vision of a peer-to-peer electronic cash system is no longer viable for everyday transactions. Due to its wild success, stalling scalability measures and the subsequent network congestions, minimum amounts that can be sent over the Bitcoin network and transaction fees rose from under a cent to several EUR/USD per transaction. For SatoshiPay this meant we could no longer wait for Bitcoin to scale, but needed to look for a new blockchain or distributed ledger to migrate our nanopayment system to.
We looked at different options that are suitable for micropayments at our expected scale, did thorough due diligence and tested extensively for current production readiness — and concluded to make Stellar our default ledger.
Jed McCaleb, cofounder of Stellar.org on our decision and joint vision:
“We’re excited that SatoshiPay has selected Stellar as its primary ledger technology and look forward to inviting SatoshiPay users to the Stellar community. Cryptocurrencies and blockchain technology are facilitating open innovation and revolutionizing the payments space, and we’re thrilled to be working with SatoshiPay to help lead the way by making micropayments much faster and less costly than ever before.”
Berlin, 10 Nov: Boris of Stellar (middle) with SatoshiPay team
The Stellar advantage
As a ledger that does not use resource-intensive proof-of-work calculations to secure transactions, Stellar offers extremely low fees (currently around 0.00003 cents per operation) and fast settlements (around 5s to final confirmation). Apart from these performance benefits, we found Stellar to be very developer friendly and stable. Everything is well documented, works as expected and the software ecosystem is mature.
Stellar also sports native asset token support, distributed exchange features and allows transactions to be routed through different currencies. On top of that there is a sophisticated multi-signature account architecture, time locks and batched operations — which enable simple smart contracts. This is ideal for our needs, and thanks to Stellar’s own version of the “Keep it simple, stupid” principle, it’s all easy to plug together.
Because in Stellar there is no mining or other verification work that might consume plenty of energy, server infrastructure to run the network is minimal and in terms of CO2 footprint it can be considered very environmentally friendly, especially when compared to proof-of-work based blockchains like Bitcoin or Ethereum.
We feel that apart from the solid technical advantages, SDF is without doubt also a very powerful and well connected business partner: Founded in 2014, Stellar.org is headquartered in San Francisco and received initial funding by the credit card payment processor Stripe. IBM recently announced to use Stellar in their blockchain banking platform. Stellar’s cryptocurrency Lumen currently has a market cap of €480m.
How SatoshiPay uses Stellar
Starting in 2018, all of our cryptocurrency transactions will be made via the Stellar network. Initially we will use Stellar’s native currency Lumen to transact funds, but together with partners we are currently exploring the future use of other, less volatile asset tokens on the Stellar network.
In Bitcoin we used micropayment channels to save transaction fees and to speed up payments. Channels delayed payouts to publishers to up to a week. Because all Stellar transactions are final within seconds and cost next to nothing, we no longer need payment channels and will for the first time be able to settle all transactions in real-time and directly on the distributed ledger. This means now a publisher will irreversibly receive funds to their Stellar account within seconds after a consumer pays for content — true peer-to-peer nanopayments.
We will continue to generate the private keys that control consumer funds on the consumer’s device and never submit them to our servers, meaning we never directly control consumer funds, but merely act as a transaction broker. This also means that consumers still don’t need to create a login with us — one barrier to adoption less.
500 free lumens for each SatoshiPay user
Part of SDF’s mission is to support the growth of the Stellar network and the ecosystem around it. SDF has therefore generously pledged to credit each of our users 500 lumens when creating a wallet through us. Lumens (short “XLM”) are the native currency of the Stellar network and 500 XLM are worth around €14 at time of writing.
SDF has agreed to grant these free lumens to our first 100,000 users, with an option to extend the program to more users later. Correct, at current XLM exchange rate this is over €1m in free credit to SatoshiPay users, and some guaranteed income for our publishers through content payments resulting from that. This is absolutely HUGE!
Multiple ledger support
I met Anthony Barker, CTO of TEMPO at a conference in Odessa earlier this year and spoke to him about their blockchain-based remittance service. When I asked him what ledger they use, I was surprised to find out that they decide on a ledger depending on the economics involved for each remittance corridor. I understand that they use Stellar, but also Bitcoin and even legacy payment networks in some cases — whatever is the best tool for the job. This makes perfect sense from a business point of view, but is not a common approach in the blockchain world. It was an inspiring conversation.
Back in Berlin, our team was already working hard on replacing Bitcoin in our backend, and while planning the software architecture for a switch to a new ledger technology, it became evident that hardwiring a new cryptocurrency to our updated system would be a little short-sighted. Instead, we started abstracting all cryptocurrency ledger operations–like wallet creation, balance queries and payments–into a layer between our business logic and the underlying ledger. Using this layered approach, the switch from one default ledger to another will become relatively easy and we are not locked into a specific ledger or blockchain.
Multiple ledger support will also allow us to use different ledgers depending on the requirements of large corporate clients or industry verticals of our nanopayment settlement platform. This is where our long-term partnership with IOTA comes in. While we didn’t pick IOTA as the default ledger for our web content payment product, we will continue to evaluate IOTA for upcoming products, for example for white-label solutions or in the Internet of things sector.
New SatoshiPay platform
What does this mean for SatoshiPay?
We are glad to have the Stellar network as a reliable ledger and the SDF as a strong partner in bringing us forward. After being busy implementing a new ledger technology, we can soon fully focus on our core business and work on user experience improvements to bring nanopayments to the masses. We feel well equipped for a year of strong growth in 2018.
December (re)launch
We are currently working very hard on making our product ready for a mainstream launch in December 2017. Apart from Stellar as our default ledger technology, more payment methods will be available for top-up, we will introduce a streamlined user interface and have exciting content partnerships to announce.
To celebrate our launch we will organise events on 7 December in Berlin and 12 December in London. We will release more details about these events shortly! Follow us on Twitter to stay up-to-date.
Meinhard Benn, CEO at SatoshiPay

Looks like an RNS on Mon possible.

RNS out

Update on SatoshiPay

http://www.moneyam.com/action/news/showArticle?id=5739906

Stellar must be very confident with SatoshiPay if they are going to give the first 100000 users €13 that’s £1.3m

This is massive confidents and commitment from Stellar IMO

Starting in 2018, all of SatoshiPay's transactions are expected to be via the Stellar network. As part of its marketing program, SDF has pledged to credit the first 100,000 users creating a wallet through SatoshiPay with 500 Lumens each which have a current value of approximately 13 euros.

Looking promising.

Hi Kim, looking very promising, launching in Dec when we get news of the publishers this is likely to miti bag not from here but possibly from 1p

Blue Star Capital Q&A with CEO Tony Fabrizi & SatoshiPay’s Meinhard

https://www.directorstalkinterviews.com/blue-star-capital-qa-ceo-tony-fabrizi-satoshipays-meinhard-benn-lonblu/412739915

Satoshipay: Ask Me Anything session

https://www.reddit.com/r/Stellar/comments/7geyxp/ama_w_meinhard_founder_of_satoshipay_now/

Bit of movement today ahead of SatoshiPay December's launch and hopefully some big publishers on board, hold on to your hats if there is..

StockMarketWire.com
Blue Star Capital has subscribed for €200,000 of convertible loan notes issued by its investee company SatoshiPay.

Blue Star has an existing 31% equity interest in SatoshiPay.

The LNs have been subscribed for by Blue Star at nominal value (€200,000 in aggregate) and are redeemable in cash on 31 Dec 2018 together with interest accrued at a rate of 4% per annum.

Alternatively, Blue Star may elect to redeem the LNs early in full upon completion by SatoshiPay of a fundraising in excess of €750,000 or in the event of certain circumstances including SatoshiPay being in financial distress.

Blue Star may also convert the outstanding LN into fully paid ordinary shares in SatoshiPay in the event that:

- SatoshiPay completes a fundraising of at least €750,000; or

- in the event of a change of control of SatoshiPay; or

- at any time after 30 Jun 2018

In the event of conversion of the LN into SatoshiPay shares, the outstanding LNs would be converted at a 15% discount to the valuation of the relevant equity fundraise undertaken by SatoshiPay on or prior to the date of conversion or the valuation of SatoshiPay at the time of a change of control of SatoshiPay.

Blue Star said that for illustrative purposes, conversion at a 15% discount to the valuation of SatoshiPay of approximately €6 million (being the valuation at the time of SatoshiPay's fundraise in January 2017) would result in Blue Star increasing its holding in SatoshiPay by approximately 3.8%.

SatoshiPay intends to use the proceeds of the LN for working capital purposes as SatoshiPay seeks to commercialise its technology.

Looking good here with the latest RNS a RTO does look on the cards now with Blue Star getting even more involved, the new year is all set to boom for SatoshiPay and BLU when we have full commercialisation of its technology.

Also liking this bit
"Significant marketing support from Stellar Foundation. Since announcing our partnership with Stellar the value of their marketing pledge to SatoshiPay users through the allocation of 50m Lumens to the first 100,000 users is now over €3m at today's price."

Some of the questions from yesterdays Ask Me Anything session..with Meinhard

Hi everyone, welcome and thanks for attending the AMA! I am sitting here with my tea and I'm ready to get started. Looking forward to your questions during the next hour! :)
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[–]loftgroovv 2 points an hour ago
Hello Meinhard – can you please confirm you already have clients secured wishing to use SatoshiPay’s technology? Note that is “already secured” not “trying to secure”.
Adoption is obviously so important so just keen to understand this. Thanks.
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[–]meinharrd 4 points an hour ago
Yes, we have secured some clients for pilot projects. And let's not forget about the 1000 publisher signups that we have had over the last year or so. We will actively reach out to them an let them know about our improvements.
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[–]loftgroovv 1 point an hour ago
Thanks for answering - sounds very encouraging. Best of luck!
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The FAQ portion of your website appears outdated - are we to replace Lumens where we see Bitcoin?
If so, the network fee mentioned of 5000 Satoshis to pay the miners ... will this fee now be 0.00001 lumens?
Thank you for being here.
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[–]meinharrd 4 points an hour ago
Yes, we will of course update our website once we switch to Stellar on 7 Dec.
Correct, the transaction fee for Stellar is close to 0.
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I know everyone is hounding you on the Visa Rumors, sorry about that...My question is that now you have partnered up with Stellar Lumens, what are you're long term goals with them, and what do you want to achieve? As the leader in being the first major partner with them, we know there will be others to follow you, what is the big picture that you are trying to create on the platform with the other future partnerships that may happen?
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[–]meinharrd 5 points an hour ago
I will address the Visa comments in a second.
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[–]meinharrd 4 points an hour ago
Our long term plans are to use them as a solid backend and focus on our core business, which is to work closely with publishers and consumers. We are happy to have solved our ledger related headaches now, so we can move on in terms of sales. The 50m free lumens should help a great deal! :)
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[–]Silent_Chimera 2 points an hour ago
Thank you for taking the time to respond. I'm a HUGE fan of both you and Stellar Lumens, I can't wait for you two to take over the payment industry, even if the Visa rumors are false!
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Hi Meinhard,
Great to have you here. The questions I have for you are:
Will you be offering a fiat gateway to Lumens via your platform?
Without naming names of course, would you mind sharing your sense of the market appetite for incorporating micro-payments into our social experiences beyond wordpress?
Do you have projections for transaction volume on your network over time that you can share with us?
Will you be launching a 'Satoshi pay' token on the Stellar network, transacting in xlm directly, or both?
Are you now partenerd with Stellar only, or have you joined the Universal Payments Solution platform as partner or market maker?
Many thanks for your time and attention
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[–]meinharrd 4 points an hour ago
Yes, this is on our roadmap.
There is a healthy appetite. Many people face inefficient pay-out systems and bad UX in web payments in general.
We do have projections, but not too much data at this point to make reliable predictions we would like to share at this point. 2018 will give us a lot of data to share.
We will start with transacting lumens, but plan to use a less volatile token in the future. We are speaking to partners regarding this.
Currently we are partnered with Stellar and IOTAm but not with UPS.
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Thank you for doing this AMA, my question is; why Stellar and not any other coin?
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[–]meinharrd 5 points an hour ago
Stellar has a very solid architecture, is scalable, production-ready, cheap in transactions, supports tokens at protocol level, is well tested and documented. In short: It just works! Also the Stellar.org foundation is very accessible and helpfuLL
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Everyone talks about the great strides we have made in crypto but what are the biggest challenges you have experienced at SatoshiPay in this cryptospace and how did you overcome them?
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[–]meinharrd 4 points an hour ago
Very easy: Bitcoin fees went up from 0.5ct to $10, much faster than we anticipated. This led to us changing to a different ledger technology: Stellar! :)
Another big issue was that traditional finance does not trust crypto companies. It took us quite a while to get a bank account and to build trust with fiat payment partners
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For everyone asking about Visa - there is a 'Visa - coming soon' option under Payment Methods in the SatoshiPay widget
hxxps://satoshipay.io/
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[–]PipingHotGravy 1 point 58 minutes ago
Here's a screen grab showing this.
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[–]meinharrd 7 points 59 minutes ago
Yes! There is! Thank you. Also, there is a Mastercard logo in there. Why isn't anyone talking about that? ;)
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Hello Meinhard can you please confirm you already have clients secured wishing to use SatoshiPay£s technology? Note that is £already secured£ not £trying to secure£. Adoption is obviously so important so just keen to understand this. Thanks

(meinhard) "Yes, we have secured some clients for pilot projects. And let's not forget about the 1000 publisher signups that we have had over the last year or so. We will actively reach out to them an let them know about our improvements."
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