Payment solutions provider Alt Thirty Six has officially announced its exclusive integration of Dash into its retail platform.
A digital payments provider, Alt Thirty Six aims to displace traditional payment systems by leveraging blockchain technology to avoid the limitations of using typical processors and banks, allowing the system to become feasible for new markets. Dash Core’s CEO Ryan Taylor sees the upcoming integration as valuable to increasing Dash’s attractiveness for retail payments:“Alt Thirty Six is a tremendous asset for the Dash network, because they act as an extension of the network itself – building valuable packages of easy-to-use merchant and consumer services. They are also practical ‘problem-solvers’ that truly understand the legacy payment system’s pain points for specific retail segments. The platform they are building is adaptable to a wide range of business applications, and we believe Alt Thirty Six will constitute a great channel as we expand into new retail verticals. These are all low-margin businesses that could benefit tremendously from lower transaction costs and the ability to reach new customers.”
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The integration into Alt Thirty Six for Dash, which initially will be an exclusive partner, will uniquely position Dash as the cryptocurrency industry leader for mass adoption, according to CEO Ken Ramirez:“Through this integration, we are focused on continuous research in payments, blockchain, and digital currency to help enhance the functionality, adoption, and simplicity of accepting digital currency. The Alt Thirty Six / Dash payment platform eliminates the need for cash-related activities for businesses by using blockchain technology and Dash currency to facilitate the transfer of funds between merchants, suppliers, vendors, and customers. Through our collaboration with Dash and many of the most in...