Blockchain-Enabled Online Shopping Rolls Out in the Philippines

Cryptovest

Published Sep 26, 2018 09:00AM ET

Updated Sep 26, 2018 10:20AM ET

Blockchain-Enabled Online Shopping Rolls Out in the Philippines

A local financial technology (fintech) firm has launched a blockchain-based e-commerce site called CashCart.io, which is powered by NEM and Proximax. During its soft launch over the weekend, founder and CEO Fruvy Rivera said he envisions CashCart to be a leader in the online shopping space in five to 10 years.

CashCart.io founder and CEO Fruvy Rivera said he aims to establish his online shopping platform a leader in e-commerce in five to 10 years during its soft launch over the weekend.

“It has a wide catalog from veggies in the wet market to gravel and sand for construction,” said Rivera in an interview with Cryptovest. “Aside from the items for sale, we have a category of services, such that a dental clinic can list its services there, example: Tooth extraction - 500 per tooth and they will have a QR code.”

He explained that once a user had a tooth pulled, the paym...


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