Bitcoin and Toshiba Partner to Bring Bitcoin to 6K New Merchants

Published 05/23 2014 08:26PM

Updated 05/30 2014 12:10PM

Bitpay (a Bitcoin service provider) and Toshiba’s have partnered on Toshiba’s VisualTouch POS platform. The idea is to reach an unprecedented number of clients in the food and service industry: 6,000 unique business owners, with some of them having up to 1,600 locations each.

Crypto currency is pretty much here to stay. Toshiba’s move at the National Restaurant Association Trade Show demonstrates that not only has it become popular enough for mainstream backing and sources, but trusted and viable enough for mainstream businesses. The embrace of crypto currency across such a broad spectrum is a reaction to people’s desire for privacy and their quest for an alternative to traditional banking models.

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