Japan Is Ahead in Using Digital Currency

A farmer’s market in Kiev, the capital of Ukraine, now allows customers to buy fruits and vegetables by bch btc and other cryptocurrencies. Bessarabian market is testing a project using the cryptocurrency payment processor, Paytomat, which allows users to pay for multiple products using one of 11 supported cryptocurrencies, including bitcoin coin , ripple coin and neo coin.

According to Aleksandr Kuinnoi, the Director of Operation at Paytomat, the feature is currently operating in a vendor’s test mode. With the help of the cryptocurrency wallet application, customers can scan the QR code.

This pilot project was established in the Bessarabian market due to its popularity. Kuinnoi explained that the main idea is the symbiosis of tradition and innovation, and they chose Bessarabian market because it is a famous tourist attraction, and cryptocurrency is a universal payment tool in any country.

Paytomat has become one of the most efficient cryptocurrency payment solutions in Ukraine. It has launched a number of payment services that are available in beauty salons, schools, online stores, cafes and clinics across the country. Besides, it works with more than 330 merchants to provide a variety of solutions, including point-of-sale terminals, QR code solutions, web panels and WordPress plug-ins, enabling websites to act as cryptocurrency gateways.

Ukrainian regulation of cryptocurrency is rapidly approaching. The cryptocurrency is not yet ready to be accepted as a recognized fiat currency, but the more it is accepted as a substitute for fiat money, the greater the chance that it will be accepted by the mainstream.

The recent test about stress have proven that BCH is one of the most powerful cryptocurrency blockchains, so the retailers prefer to use digital currency because it provides fast transactions at a very low cost. As the development of cryptocurrency applications, it will continue to prove itself to be the perfect global retail digital currency.