Spending Bitcoin in Russia Part Two: From Bitcoin Village to Buying Raketa
Bitcoin is seriously considered a currency in major economies of the world, yet there is still a conservative reaction on some markets which is remarkable. Market and institutional conditions sometimes lag behind the tech opportunities but we are here to promote it. Cointelegraph continues to discuss what you can do and where you can go in Russia if you want to spend your Bitcoins right now. How Russia got a Bitcoin village. We are now witnessing the situation where Bitcoin is accepted as a form of payment in multiple big and small companies all over the world. In such a conservative....
Related News
The Bitcoin community and user base continues to expand and businesses old and new are embracing this new digital, decentralized cryptocurrency to simplify the payment process and meet consumer needs. The quantity and variety of businesses accepting payment in Bitcoin continues to expand. From real estate sites to now watch factories, Bitcoin has been embraced to simplify payment and incentivize merchants to sell products and in turn deal with fewer transaction fees. Just this week, Russia's historical watch factory Raketa, began accepting Bitcoins. Raketa was founded in 1721 by Peter the....
Blockchain Engine and Petrodvorets Watch Factory have introduced blockchain technology into the manufacturing process of Raketa watches, making Raketa one of the first companies in the world to record the production of physical goods in the blockchain. Established by Peter the Great in 1721, Petrodvorets Watch Factory is one of Russia’s oldest businesses. After the Second World War, the factory produced watches under the brand name Pobeda until 1961, when production of the Raketa [Rocket] watches started, named in honor of the first flight into space by Yuri Gagarin. In a bid to....
A partnership that introduces the Blockchain technology into the manufacturing process of Raketa watches, making Raketa one of the the first companies in the world to record the production of physical goods in the Blockchain, has been instituted. Under the backdrop of a wide range of services for e-business and network security as part of their platform, Emercoin’s Blockchain Engine is partnering with one of the oldest Russian enterprises, Petrodvorets Watch Factory. The fight against counterfeiting. The introduction of the Blockchain technology in manufacturing is aimed at fighting....
Tracing Bitcoin’s journey in El Salvador, from new hope in a small village to a new law by an increasingly authoritarian government.
Entrepreneurs in Nigeria are building on the country’s growing interest in BTC and establishing Bitcoin Village, a safe haven for Africa.