Enough and more has been said about the status of Bitcoin and other Cryptocurrencies – are they a currency? …or are they a commodity? But regardless of what the verdict on their status is, the true value of cryptocurrency and the vision that gave way to the formation of Bitcoin cannot be actualized in the absence of adoption on a global scale.
The issue at hand is utility, the fact that there are only but a few avenues where cryptocurrencies are accepted as a legal tender or tradable asset is what is keeping this remarkable Fintech concept limited to a few. Paid X – the Future of MoneyThe SolutionA direct access, cryptocurrency unification platform that uses the efficiency and security of Blockchain to allow digital transactions across mainstream trade channels. Through a flawless interaction between a smartphone or a smartcard and a patented NFC Contactless PoS terminal, Paid X will make two-way transactions simpler than swiping your debit card. Shoppers will now have the ability to use over 14 different cryptocurrencies across all participating merchants through a triple layer secure transaction.