No matter how great the idea behind an innovative cryptocurrency is, few dare to accept it without user-friendly infrastructure and proved security tools. Especially in the blockchain world, transparency and honesty are both important values that many market participants expect from their investments.
This why it is so important to always deliver the promised milestones as a blockchain project. KaratGold Coin (KBC) has exactly done so and presented K-Merchant, a piece of software that allows online vendors to easily accept Bitcoin or Ethereum and KBC in their online store. This product addition to the Karatbars family can be integrated into WooCommerce, Magento and PrestaShop powered online shops and enables one-click-payments – secure and easy.
With K-Merchant all payments are made immediately without delay, in a simple scan. This secure payment gateway will optimize the efficiency of online or an offline points of sale.
The following cryptocurrencies are accepted for now: Bitcoin, Ethereum, and KaratGold Coin. As the product development and expansion of Karatbars will continue, more and more coins will be added soon.
The technologies that are coming out on blockchain are for sure mind-blowing. But the fact that that there are millions of people across the world who are living strictly off cryptocurrency is even more interesting. These people do not use credit cards, that do not use fiat currency anymore because they do not have to as there are some larger retail establishments that accept cryptocurrency. You can buy homes right now with cryptocurrency, you can buy cars right now, you can book travel right now with cryptocurrency, you can already google if we are going into a city where you can get to the nearest ATM and be able to cash in a little bit of cryptocurrency to be able to live and operate in the city that you are in.
The new K-Merchant software will take that to an entirely new level because the company knows the problem why there are not more merchants that are accepting payments from 153 million people around the world. The answer is volatility: Most merchants declined to accept crypto currency payments in their shops due to high price fluctuations. With K-Merchant these merchants now have the possibility to eliminate any price volatility risks thanks to the integrated instant payment functionality.
The next evolution of cryptocurrency is bringing it to the masses and making accessible / usable for everyone. Karatbars is ahead of this game with a strong utility token linked to gold and a payment system to help circulate that coin. During a big promotion event, the Gold Independence Day, hosted by the Karatbars International KaratGold Coin (KBC) could be exchanged for physical gold. For sure, this was big step for Karatbars International.
Karatbars CEO and Founder Dr. h. c. Harald Seiz aims to develop a living environment in which social system would function in a favorable and fair way. The announcement of the Gold Independence Day is a point of the roadmap designed by Karatbars to make this goal a reality.
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