In Hong Kong, 16th September 2021, it was announced by Agroforestry Group that it would be starting to service the latest economy that is based on Cryptocurrency. For doing this, it is going to accept Bitcoin and other cryptos as an additional kind of payment.
This particular announcement had taken a lot of time before it was declared. Typically, it is a result of the feedback provided by both the external and internal stakeholders. The Cryptocurrencies that were led by Bitcoin gained popularity and were accepted more and more as a form of payment. It was accepted fully by the general public over the last few years. By providing this kind of alternate solution in terms of payment, is one of how the Agroforestry Group is leveraging the latest technology.
The Agroforestry Group keeps belief in Blockchain technology’s future. They believe that it can enhance the transactional cost and also improve the convenience for all of its clients across the globe. For making payments, the clients need to use their general Crypto wallet apps just by scanning the QR Code provided by Agroforestry Group, or else they can input the numeric address. Agroforestry Group holds the potential to accept major Cryptocurrencies such as BTC (Bitcoin), ETH (Ethereum), and TSDT (Tether USD).
The MD of Agroforestry Group, Mr. Paul Martin, declared,
“Bitcoin holdings have expanded rapidly over the past five years, and there is growing demand from our clientele for convenient and flexible payment solutions. Our decision to accept Bitcoin, as well as other up and coming cryptocurrencies, as a result of strong positive feedback and requests from our customers.”
He has also said that, as per his knowledge, Agroforestry Group is the 1st one within the industry that is going to accept Bitcoin ad a means of payment.