Dash has just been integrated by Los Angeles-based payment processor 34 Bytes. This is big news for Dash (Digital Cash) because adopting their platform now increases Dash’s access to over 1,500 merchants globally. 34 Bytes builds and distributes point of sale (PoS) terminals designed to process and transact crypto payments to make them easy enough to use. Their technology serves as a bridge to facilitate the mainstream adoption of crypto transactions and completely integrated for simple in-store physical retailers. It works almost like a credit card transaction.
“For cryptocurrencies to continue to grow in utility and acceptance they must be simple and easy to use.”
Their systems are designed to be easy-to-use, intuitive, and able to be used by the typical fiat-spending consumer. They rid cryptocurrencies of the difficult technical knowhow and just make it as easy as a typical payment. This makes mainstream adoption of crypto payments a breeze. They connect consumers and retailers with cryptocurrencies exchanges. 34 Bytes is currently working with a number of platforms like Coinbase and LocalBitcoins to forward crypto/fiat payments.
Retail merchants can also forward incoming payments to a cold wallet. The machines operate in a low-tech environment with built-in WiFi an no need for external components, such as a smartphone or tablet for the WiFi signal. And to integrate new coins such as Dash and Litecoin, a simple firmware update activates new coins instantly. 34 Bytes also plans to add more exchange platforms like CEX.io, Kraken, and Bitfinex.
Long-time reader of crypto. One of the first graduating classes of Blockchain and Future Trends. Writer, journalist, and newbie technical analysis price speculator. Learning about the development of cryptocurrency and blockchain technology around the world is my job. ICOs, whitepapers, and cryptoculture are my things.
Disclaimer: Our authors may hold active positions in one or multiple cryptocurrencies discussed on this news portal. Opinions expressed at AWSMO are NOT investment advice and any investment in one or more cryptocurrencies may be high-risk and extremely volatile. Please due your due diligence before making any investments in any cryptocurrency. Your investments are your own risk and you assume full responsibility for your actions.