30,000-Member US Bar and Nightclub Industry to Adopt Blockchain
Cryptovest
Published Sep 12, 2018 04:48PM ET
Updated Sep 12, 2018 06:00PM ET
30,000-Member US Bar and Nightclub Industry to Adopt Blockchain
The 30,000-member American Nightlife Association (ANA), comprising the bar and nightclub industry in the US, has entered into a strategic partnership with decentralized payment system Paytomat to facilitate digital currency adoption in the industry, they said in a joint statement.
Under the deal, ANA will assist Paytomat in launching its US operations, build a reliable network of multi-venue clients, create new revenue streams, and attract American investors. In addition, ANA will assist in the establishment of network partners, including exchanges, banks, processing companies, and gateways, while building a legal scheme for each of the states that will adopt a payment system for merchants on the fiat settlement account in exchange for payments received in the digital currency.
ANA chief sales and marketing officer Lev Filimonov commented:
"One of the Association...
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