POS Cryptocurrency Investment Ecosystem For Central Bank Announced

Central banks in Europe are considering a central bank digital currency (CBDC). The groundbreaking BitRich POS ecosystem makes it easier for everyone to use cryptocurrency for everyday transactions.

Los Angeles, United States - July 12, 2018 /PressCable/ —

BitRich, which is known for its cutting edge NowAndPay system that makes it easier for anyone to make everyday transactions using cryptocurrency, is opening the door for central banks to invest in cryptocurrency. Investing in crypto is a hot topic these days among entrepreneurs, investors and global traders, and the platform could be what it takes to push the finance market over the edge.

More information can be found at: http://bitrich.tech

Recently, the Bank of England governor, Mark Carney, said that he is open-minded about the idea of a central bank digital currency (CBDC) as reported in Bloomberg on May 25th, and according to Business Insider, SIX, the owner of the Swiss stock exchange is launching its own cryptocurrency exchange now as well.

Carney was speaking at the Riksbank Anniversary conference, and he was not opposed to the idea of a central bank digital currency. However, he did say that he didn’t think it would happen anytime soon.

It is often the case that institutions are slow to adapt to new technology in many ways. Carney noted that cryptocurrency is not a store of value, because it is all over the map, with nobody using it as a store of exchange.

However, this is where the BitRich platform can change the landscape. BitRich has recently been listed on a new Swiss based exchange called Airisu. More information can be found at AirisuExchange.ch and is working to create a new form whereby people can invest in cryptocurrency and use it every day in their ordinary transactions at stores, restaurants, and other venues.

The NowAndPay system makes using cryptocurrency a lot easier than ever before, with people able to use debit cards for everyday transactions.

With cryptocurrency now dominating many financial systems and the rise of blockchain technology, central banks in Europe are considering a central bank digital currency (CBDC). It’s looking increasingly likely that the market will demand it before long.

BitRich is able to make this transition easier with its real-time cryptocurrency ATM POS ecosystem, which serves the needs of millions of people globally doing their daily business deals.

Full details can be found on the URL above.

Contact Info:
Name: James Hubbard
Organization: BitRich
Address: 3660 Wilshire Blvd. 6th Floor, Los Angeles, CA 90010, United States
Phone: +1-855-791-0500

For more information, please visit http://www.bitrich.tech

Source: PressCable

Release ID: 376597

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