Payments Platform Alt Thirty Six Integrates Dash for Cannabis Sector
- Using Dash, Alt Thirty Six will help lower payment costs for the American legal cannabis dispensaries industry.
Alt Thirty Six, a digital Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term platform, has announced that it will integrate the cryptocurrency Dash as a method of payment. Arizona-based Alt Thirty Six will provide a new solution, the 36 platform, that enables businesses to accept Dash, rather than absorb cash handling or card fees.
CEO of Alt Thirty Six Ken Ramirez said: “Through this integration, we are focused on continuous research in payments, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term, 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 innovative companies in the payments, blockchain, and digital currency sector, we are able to work towards the worldwide adoption of the Dash currency. This worldwide adoption will in turn create faster, more secure, and reduced costs around the way businesses operate.”
Alt Thirty Six will first tackle the American legal cannabis industry, where legally compliant dispensaries across the US will integrate the payment platform directly, or white label it.
Ryan Taylor
CEO of Dash Core Group Ryan Taylor commented: “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.”
“We have several integrated partnerships already, but one of the most exciting is our close partnership with CannTrade, California’s premier cannabis specific B2B marketplace & CRM, which will deliver the first truly comprehensive and expedient banking and digital payment solution for the fastest growing industry in the world. Through this partnership we will improve the chances of capturing dispensaries and expanding target users beyond dispensaries and patients to now include genetics companies, cultivators, manufacturers, edible companies, brands, and distribution companies. Being able to offer the 36 + Dash platform as a solution, not only to dispensaries but to the entire cannabis business community simultaneously, is a game changer,” Ramirez added.
Alt Thirty Six, a digital Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term platform, has announced that it will integrate the cryptocurrency Dash as a method of payment. Arizona-based Alt Thirty Six will provide a new solution, the 36 platform, that enables businesses to accept Dash, rather than absorb cash handling or card fees.
CEO of Alt Thirty Six Ken Ramirez said: “Through this integration, we are focused on continuous research in payments, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term, 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 innovative companies in the payments, blockchain, and digital currency sector, we are able to work towards the worldwide adoption of the Dash currency. This worldwide adoption will in turn create faster, more secure, and reduced costs around the way businesses operate.”
Alt Thirty Six will first tackle the American legal cannabis industry, where legally compliant dispensaries across the US will integrate the payment platform directly, or white label it.
Ryan Taylor
CEO of Dash Core Group Ryan Taylor commented: “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.”
“We have several integrated partnerships already, but one of the most exciting is our close partnership with CannTrade, California’s premier cannabis specific B2B marketplace & CRM, which will deliver the first truly comprehensive and expedient banking and digital payment solution for the fastest growing industry in the world. Through this partnership we will improve the chances of capturing dispensaries and expanding target users beyond dispensaries and patients to now include genetics companies, cultivators, manufacturers, edible companies, brands, and distribution companies. Being able to offer the 36 + Dash platform as a solution, not only to dispensaries but to the entire cannabis business community simultaneously, is a game changer,” Ramirez added.