• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Business Innovation: Crypto Payments Become the New Standard

user avatar

by Giorgi Kostiuk

9 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Indicators and Historical Context for Ethereum

chest

Market participants are monitoring Total Value Locked and liquidity trends in Ethereum-based platforms as indicators of investor confidence.

user avatarTando Nkube

BNB's Market Outlook Strengthened by Institutional Interest

chest

The narrative of Zhao's pardon has positively impacted the perception of BNB, notably as a bullish scenario unfolds with a golden cross pattern. Despite the upbeat forecast, limited trading volume poses a challenge to BNB's upward trajectory.

user avatarLuis Flores

Deflationary Mechanism Drives Demand for HUGS Tokens

chest

The deflationary system of the HUGS token is attracting participants who prioritize scarcity and long-term value.

user avatarArif Mukhtar

Cronos: A Game Changer in DeFi

chest

Cronos is emerging as a top new cryptocurrency, focusing on bridging Ethereum with other major blockchains. As the native chain of Crypto.com, it offers fast, low-cost transactions that power DeFi, NFTs, and Web3 applications.

user avatarMaria Gutierrez

Ethereum Continues to Lead in DeFi Innovation

chest

Ethereum continues to be a leading force in the decentralized finance ecosystem, enhancing its scalability and efficiency.

user avatarDavid Robinson

Ripple Executive Issues Warning to XRP Investors About Phishing Scams

chest

David Schwartz, a Ripple executive, warns XRP investors about a rise in phishing emails claiming to offer hardware wallet security upgrades.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.