It crypto briefing reported in Cointree and Gobbill joined forces to create an encrypted currency after payment platform, Australians can now Pay Household Bills with Bitcoin.
This simple collaboration between online Cryptocurrency and billing platforms will make life easier for thousands of Australians. In a country that has accepted the most recent blockchain, this is another step in legalizing cryptocurrencies.
Australia recently signed an agreement with IBM to place government records on the Stemen-based Lumen blockchain. Adding a cryptocurrency payment system is the other side of the coin, and it’s not hard to see online utilities and other bill payment ecosystems.
Both Cointree and Gobbill already have online payment services, but will work together to create safer and more streamlined home services.
Gobbill was created to allow people to pay large amounts of different bills online with credit cards, so basically it is adding cryptocurrencies to existing systems. Cointree is an online cryptocurrency exchange offering over 40 currencies, including most classic coins.
Customers can pay by credit card, bitcoin, Ethereum and other selected coins using traditional legal currency. Most people will temporarily adopt old-fashioned routes, but the standard portal for daily billing will greatly help regulate the cryptocurrency for ordinary Australian citizens.
Gobbill co-founder Shendon Ewans said:
Satoshi’s living room was established in May to help Australians pay more than $5 million in bills in Bitcoin. It also allows Australians to send Bitcoin as a legal tender to any bank account. Bill Ninja has been active in the Philippines since 2014 and more and more services are emerging.
This is just one example of cryptocurrencies, blockchains and how support industries can pool resources and eliminate frictions in everyday life. Even with a basic smart contract system, you can automate bill payment without the need for a constant reminder from a utility provider.
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