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Samsung Baltic Stores Now Accept Crypto via Blockchain Payments Platform CopPay

South Korean electronics titan Samsung has introduced that its Baltic retail outlets now settle for a couple of cryptocurrencies as a way of cost via the blockchain-based CopPay platform, consistent with a July 20 Medium post.

The platform lets in traders to obtain cryptocurrency and both stay the bills in a chilly pockets or instantly convert it to fiat. It has a zero-transaction rate coverage and helps quite a lot of cryptos together with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash, NEM, and Steem.

The CopPay merchant map displays which Samsung Baltic retail outlets are already enforcing the platform — 31 as of press time — with Samsung these days saying that the gadget shall be to be had quickly at its web retail outlets as neatly.

Beyond embracing crypto as cost for its merchandise, Samsung has been creating blockchain answers for logistics services to e-commerce dealers, introduced its personal blockchain platform for finance-related companies, and intends to make use of blockchain for its massive multinational provide community.

Samsung has additionally made inroads into the crypto mining business this yr, partnering with mining producers Bitmain and Halong Mining Corp to supply ASIC chips.

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