A retail complex in Europe has been dubbed the “Bitcoin City” experiment. It’s a huge commercial complex with shops, sports, and entertainment. There are over 4,000 shops and businesses in the area. The idea is to make Bitcoin and other cryptocurrencies a payment option across the lot.
It’s a project powered by Enigma, an AI-based blockchain cognitive commerce platform based in Slovenia. It’s an AI project that’s ben testing its blockchain tech solution EliPay. The commerce complex is located in Ljubljana, Slovenia, and houses a movie theater, hotels, and even a waterpark. It has over 10,000 brands and 70 bars and restaurants all packed into one place.
Retailers will be equipped with the new transaction systems and customers can easily pay for any transaction with a mobile app. It’ll also build a unified loyalty program and a central warehouse for all goods. Eligma’s systems will be launching soon. EliPay will be available for all in-store purchases for crypto shoppers. Stores will be able to store payments in crypto or use Eligma’s exchange feature to exchange it to familiar currency usable in Slovenia. It’s up to the store owner. Bitcoin and Bitcoin Cash will be first available and other coins will later be integrated.
Bitcoin City was rebranded to BTC City, which ironically stood for Blagovno Trasnportni Center a few decades ago.
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