The service is currently available at over 300 venues in four cities: Bangkok, Hanoi, Ho Chi Minh, and Manila in Thailand, Vietnam, and the Philippines.
As many individuals within the crypto sector have been asking how to achieve wide spread adoption among merchants, cryptocurrency offers various savings over credit card fees, chargebacks, non-inflation etc. However these attributes can be hard for merchants to visualise. Tus, a Dash partnership with WisePass helps aligning the cost savings of cryptocurrency with the incentive model of discounts to get consumers in the door, and possibly purchasing other goods/services. Consumers won’t be spending Dash directly at merchants immediately, but a system like WisePass is creating the habit of getting consumers to regularly patronise specific merchants. Since the consumer is paying their WisePass subscription in Dash, the hope would be that consumers would eventually ask merchants to take Dash directly so they can make additional purchases.
Dash has been able to fund multiple projects through its DAO Treasury. This can demonstrate to individuals that Dash offers them cheaper and secure transactions without having to abide by state-created inflation nor censorship.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now