The Rise of Digital Payments is Inevitable and that is what GBC aims to facilitate

In accordance with a report published by Mordor Intelligence, the global digital payments market is projected to grow at a compound total annual development rate (CAGR) of fourteen. 1% between 2018 and 2023. Consumer buying behavior is changing as digital obligations provide consumers faster, more secure and more convenient transaction solutions, including, g bank credit cards, net banking, e-wallets and mobile in-store application. The particular increasing adoption of digital payment applications in several industries, like retail, transportation, amusement and media, banking and financial sector, help drive the market growth. Furthermore, the growing demand for mobile phones and e-commerce encourages more technologically-driven payment methods and digital currencies, such as Bitcoins. Glance Technologies Inc. (OTC: GLNNF), PayPal Coopération, Inc. (NASDAQ: PYPL), Tencent Holding Ltd. (OTC: TCEHY), Overstock. com, Inc. (NASDAQ: OSTK), Taiwan Semiconductor Production Company Limited (NYSE: TSM)

Data compiled by Openness Market Research suggests that the global cryptocurrency market is expected to develop at a CAGR of 31. 3% to achieve USD 6. 7 Billion dollars by 2025. The common acceptance of cryptocurrency in the transaction processing system is a notable factor that hard disks the growth of the market. The rise of cryptocurrency is transforming the payment systems, with the aid of blockchain technology. The good thing about using cryptocurrency including faster arrangement, lower settlement expenses and disintermediating currency exchange systems.

Read the Complete Blog to know more: https://prn.to/2O6QeND

#GBCOnlineShopping #GBCdigitalPayments #RiseOfCrypto=RiseOfDigitalPayments

Blockchain and cryptocurrency technology acceptance

China has begun to start embracing Blockchain technology and has stepped up its efforts to support the creation of Blockchain ecosystem.

The Chairman of the Industrial and Commercial Bank of China (ICBC) has said that the bank will focus on blockchain technology development, BiaNews reported September 1.

Founded in 1984, the ICBC is reportedly the largest bank in China with over 5,000 corporate and 530 million personal customers. In 2017, the bank focused on the construction of "intelligent banking" and "accelerated deployment in the field of financial technologies. "

The ICBC Chairman Yi Huiman reportedly said that the financial institution will focus on innovations in cloud computing, big data, artificial intelligence (AI), the block chain, and the Internet of Things

Read the Complete Blog to know more: https://bit.ly/2NbV3VE

#GBC #Cryptocurrency #China #Blockchain #development

Rolls-Royce dealership now accepting payment in cryptocurrency

A Rolls Royce car dealership in Texas has now started to accept crypto as Payment Method.

The Texas high-end car dealership will now accept payment for its Rolls-Royce, Bentley and Bugatti luxury cars via Bitcoin and Bitcoin Cash, via a partnership with Bitcoin processor BitPay.

"The rising of Bitcoin sparked my interest, " Tilman Fertitta, owner of Houston-based Post Oak Motors, told TheStreet.

"Being a premier luxury car dealer, I always want to offer my customers the very best buying experience and this partnership will allow anyone around the world to buy our vehicles faster and easier. "

Bitcoin values currently sit at around $8, 250 per coin, meaning a Rolls-Royce Ghost or Dawn, worth just under a half-million dollars on this side of the border, would cost you just about 56 units of the cryptocurrency.

For more details visit our website @goldbitscoin