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Business Innovation: Crypto Payments Become the New Standard

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by Giorgi Kostiuk

10 months ago


Maria faces the challenge of integrating crypto payments into her global supplier network using Crosswalk technology.

The Supply Chain Dilemma

The day after her discussion with Alemayehu, Maria reviewed the list of international suppliers, such as small farms and transport companies. The challenge lied in their varied payment methods, ranging from bank transfers to old-school invoices. Crosswalk promises fast settlements and low fees, but will suppliers accept it?

Testing the System

Maria and Alemayehu start testing by using Crosswalk to make a payment. The process takes mere seconds, surprising Alemayehu, used to delays with bank transfers. The successful transaction gives confidence in attracting suppliers.

Maria... that was instant. My bank payments take DAYS.

Convincing the Unconvinced

Maria contacts two of Alemayehu's suppliers: a coffee distributor in Ethiopia and a packaging supplier in Germany. The Ethiopian distributor shows interest in faster and transparent payments, while the German supplier remains skeptical, viewing crypto as too risky. Maria aims to convince those ready for innovation.

Think of it like a handshake that’s locked in place. If I send money, it either gets to you or comes back to me. No middlemen.

Maria successfully completes the first global payment via Crosswalk, opening new business opportunities. Her task is to onboard more suppliers and develop a financial network free from delays and extra costs.

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