Hive on the Business Counters

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The power of money is that it can be used as a measure of exchange for goods and services. Without this, money would not be different from any other piece of paper which could be thrown into the thrash can. We can thus say that the true value of money is in its acceptability. People should be willing to receive it when given.

With the heated delegation ongoing over the categorization of cryptocurrency as a security or asset in developed countries, acceptance is growing in third world countries and this is a great development. We all look forward to the near future where we can see cryptocurrency as a legal tender.

The latest QR code development by Hive keychain has made it possible for businesses in Venezuela to accept $HIVE and $HBD as payment for goods and services. Thanks to the @HiveSucre team for making that possible. Receiving this message from a recent tweet by Keychain unfolds a really need era for the utility/governance as well as stablecoin of the Hive Blockchain.

Now it鈥檚 way easier and faster to accept #Hive and $HBD in Venezuela. The @HiveSucre team is teaching many businesses how to set a QR code for their customers. Easy, fast, and feeless 馃殌 - Source

Digging deeper to understand the level of adoption of the QR Code payment options by businesses reveals some interesting stats according to a report by the hivesucre@hivesucre community.

From the hivesucre@hivesucre community, we bring you an update regarding the payment method for goods, services, and products in Cuman谩, Sucre state. We are at the forefront of adopting our cryptocurrency $HBD, where there are currently 48 businesses accepting HBD as a payment method, something unprecedented in Hive. Therefore, it is our responsibility to continue growing and showcase that Hive Sucre is an example to follow in Venezuela and the world. source

This stride that take $HIVE and $HBD to the business counters is a great milestone towards the mass adoption of this future looking cryptocurrency. Coming from a developing country only shows the opportunities that are available. Without a doubt, developing and third world countries would drive the needed buzz for the mass adoption of cryptocurrency than the developed world would.

Cryptocurency would not be ignored for long no matter how hard it seems. This is a valid statement as long as the world has not ignored other phases of technological developments that has hit it in the past. Truth remains that the masses are getting schooled and knowledge is growing on financial freedom on daily basis.

It's Time to Position Well

As early adopters of the Hive blockchain technology, it is just the right time to position well and look out for the best usecase of Hive that best suits our industry and business. Hive would soon become an "everyone crypeo" and the days of $10 Hive is nearer than we first imagined.

There are many ways to plug in your Business to Hive

Positioning well to take advantage of the next phase of Hive is not just for the $HIVE investor. There is a room for every business owner and several communities like leofinance@leofinance @Ctptalk and many others than can help any business plug in and thrive in no time. I would enlist some of several opportunities to link our business in the Hive blockchain.

1. Global Marketing: users of the Hive blockchain are all over the world. Owning a social account on Hive and talking about your products as posts can help you reach thousands of potential clients around the globe at no extra cost. I can say, its cheap marketing. You can host your products in the many decentralized markets on Hive, get a buyer and chip to them with a secured payment system.

2. Product Survey and Feedbacks: The microblogging interface called Threads on Hive is not just a place of robust conversation where businesses can create a powerful community of real users, but also has tools that can help with effective product survey and feedback. The polls feature on Threads does this seamlessly.

3. Layer 2 tokens: Hive-engine as the name implies is a layer2 engine where businesses can create their fungible and Non fungible tokens linked to Hive blockchain at a very cheap cost. There are options to create a whole website specifically for interactions bothering your product(s).

The possibilities are just endless and accessible with the least of tech knowledge. Start now and plug in to Hive !


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What is LeoFinance?

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.



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Hive on the Business Counters | Ecency