BitcoinVend is going back to Bitcoin roots, we all know Bitcoin was invented to facilitate trust-less trade on a global scale, establishing a currency which could be global without third party intervention. For a currency to have sustainable long-term value, one must be able to spend it easily on necessities or desirable items. So far this has been difficult, time consuming and expensive for the average Crypto user.
For Crypto to see widespread adoption as a means of payment, all types of merchants, employers and service providers must have a simple well-governed ecosystem in which to transact with trust, speed, security, and ease. The ability to accept and process multiple Cryptocurrencies (without latency) is also important.
The apparent push for mainstream adoption by large corporations touting “Crypto acceptance” is not really adoption as they’re mostly offering a Crypto/Fiat conversion on behalf of the buyer, which is neither in alignment with Crypto ethos or what ‘Satoshi’ and his companions were hoping for.
With BitcoinVend, the community will no longer need to rely on Fiat to use their Crypto, which will change everything, and not just for the existing community, for the world!
Bitcoin veteran and founder of BitcoinVend, Christopher Cousins: “We’ve created a straightforward product that anyone can easily use. If you can turn on your phone, you can use BitcoinVend to buy, sell or accept crypto payments.”
SO WHAT IS BITCOINVEND AND WHAT DOES IT DO?
BitcoinVend is the world’s first, all-purpose Smartphone App; a remarkably simple system that enables anyone to use Crypto as currency. The App combines:
– A marketplace, like eBay or Facebook.
– A payments system, like Revolut or Nubank plus Stripe.
– And a peer-to-peer exchange, similar to Localbitcoins & decentralized exchanges.
Initially focusing on attracting the individual user and small merchant, the future will see the release of our more institutionally focused desktop version. Now, some might be thinking, “What’s new about that? Sounds like just another wallet…”.
To start, what makes BitcoinVend special is that it´s all-in-one, safe and incredibly easy to use (Crypto savvy or not).
It combines everything required to create a self-contained yet borderless ecosystem with very few limitations; it can be used simply for listings and a platform for counterparties to communicate.
The most unique element is that the App is somewhat community managed. Users build (or lose) reputational scores, disputes are resolved by other users, users ´police´ the system like bounty hunters or private investigators. There are even plans to integrate voting for policies, governance and feature integrations as well as enabling users to run network nodes etc. This is thanks to core design elements and a partnership with BCVT token.
There is no solution like this. This is what Crypto needs to turn adoption dreams into reality.
A collaboration with Platinum Crypto Academy will help us reach a large scale crypto user, trader and investor base allowing us generate a wider community audience for all things BitcoinVend.
Platinum Crypto Academy and Cryptonaire Weekly chief Editor Karnav Shah expressed “how delighted we are to be working with BitcoinVend a company whos true vision is aligned with the fundematals of what Bitcoin is really about. Highlighting this project to our community is an absolute pleasure as even our organisation is need need of some of the key merchant services. I look forward to a long and properous realationship with BitcoinVend and the team.’
The App will be available to the general public in June.
Hopefully, you have enjoyed today’s article for further coverage please check out our Crypto Blog Page
Thanks for reading! Have a fantastic day!
Live from the Platinum Crypto Trading Floor.
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