Who knows if when Satoshi Nakamoto thought of “A Peer-to-Peer Electronic Cash System” he was planning to rent a sailboat. Certainly, as he wrote in the whitepaper, he wanted to develop a system that would be used for payments. Coinbar is a project that fully embraces this philosophy, as demonstrated by the fact that it allows payments in Bitcoin and cryptocurrencies to be made between companies offering services and goods, and customers. Going down in everyday life to the point of opening your own physical stores where you can pay in crypto.
The exchange recently partnered with yacht charter company, Your Boat Holiday. Coinbar has chosen to launch its new service, Coinbar Business, during Blockchain Week Rome 2021, a convention on blockchain technology that is at its second appointment in the Italian capital. The service allows anyone running a business to receive cryptocurrency payments in a secure and legal way, compliant with the regulations currently governing cryptocurrency business.
The Coinbar Business service allows it is quite easy to use even for customers and companies who are not familiar with the cryptocurrency system. In fact, customers receive a QR code containing all the data and the price established at the time of the transactions. Then you can proceed to scan this code with a smartphone. The volatility of digital assets is also minimized with the option that allows, for any transaction, to immediately transfer the amount of money to your account, thanks to the automatic exchange option in euros. Your Boat Holiday is an Italian luxury yacht charter company, operating globally that allows you to choose a wide range of catamarans and motor and sailing boats, speedboats, to travel to many extremely popular destinations such as the Caribbean, Southeast Asia or the Mediterranean Sea, the Atlantic Ocean.
The solutions to be able to spend cryptocurrencies finally find a way out with initiatives like this one from Coinbar, which is giving its contribution to make it possible. Especially in sectors such as boating, where the demand for crypto payments is constantly increasing.