Dash, the privacy focused cryptocurrency, has been integrated into Australia’s Living Room of Satoshi, a business allowing clients to pay their bills with cryptocurrency, including rent, utilities, insurance bills, phone bills, speeding fines, credit card debt, and government tax bills.
Dash joined Bitcoin as the only cryptocurrency option for bill payers on the service. Living Room of Satoshi founder and CEO Daniel Alexiuc said: “We attribute the success of Living Room of Satoshi to an unwavering focus on ease of use. When I pay a bill, I want the process to be as quick and easy as possible, and that attitude is reflected in every aspect of our service. Even those new to digital currencies have noted how simple our site is to use; there is no signup required, just simply enter the bill details, pay your bill, and you’re done. We have just passed the milestone of processing over $100,000 AUD per week, with no sign of slowing down.”
What to Look for in a Liquidity ProviderGo to article >>
“We’ve tested other coins like Ethereum, but frequent hard forks and reliability issues made it unfeasible. Dash is perfectly suited as a payment system for bills and real world purchasing of goods and services. From the start, Dash was able to fill the holes Bitcoin created. Dash has the ability to effect transactions instantly, compared to prolonged bitcoin payments lagging over 10 minutes,” added Alexiuc.
VP of Business Development for Dash Daniel Diaz commented: “We are happy to see true innovators in the space endorse Dash as the leading payment network alternative for their users. In this case, Dash’s focus on instant confirmations and usability makes it the ideal fit for Living Room of Satoshi and will dramatically enhance the user experience. The growing amount of options to use Dash as ‘digital cash’ is the result of our overall strategy to develop a smooth roadway bringing cryptocurrencies into the hand of consumers all over the world.”
InstantSend coming in 2017
Living Room of Satoshi also announced they will be tapping into Dash’s InstantSend technology when the Australian Banking Industry unleashes its New Payments Platform, scheduled for early 2017. The initiative will allow real-time bank transfers between domestic Australian banking institutions to be possible, meaning that Dash will be used to make instant, international fiat payments to any Australian bank account from anywhere in the world.
“The InstantSend feature of Dash separates them from every other cryptocurrency in the space. The integration with Living Room of Satoshi will ensure that money is sent and received faster than ever before, heightening user experience,” Alexiuc added.