Even though digital money is not a widely approved form of currency in most countries, this doesn’t stop revolutionary changes from taking place, centered around its acceptance. The latest startling piece of advancement is that the largest Slovenian mall is turning itself into a ‘Genuine Bitcoin City’ by accepting Bitcoin payments in every outlet of the mall.
This Slovenian mall, located in the city of Ljubljana, will have 500 outlets, all accepting Bitcoin payments. The area is already being called as BTC city. Built on approximately an area of 475,000 square metres it will be the biggest Bitcoin hub in the country’s financial market place. BTC city will be the testing platform for Eligma, the blockchain centered, Artificial Intelligence assisted space that is set to be utilised by all the retailers in the complex.
Slovenian Prime Minister, Miro Cerar, paid a visit to Beyond 4.0 International Conference, to open the conference and learn more about the BTC City.
According to Eligma, “The purpose of his visit was to open the Beyond 4.0 international conference, dedicated to digital society and blockchain, as well as to get acquainted with BTC City’s strategy to become Bitcoin City.”
On his visit, the state secretary of Slovenia, bought him a cup of coffee using cryptocurrency, to explain things to him in a better way.
To achieve its objective, Eligma, plans to utilise a crypto point of scale system known as ‘Elipay.’ Elipay is ready for getting tested in the BTC City Centre this year in June. Some prominent retailers of the mall include, BAbadu, Big Bang, Minicity, Sneakers, Martini, and Vodno. They have expressed their excitement and said they couldn’t wait for the scheduled Elipay testing and have already started using it.
Wrapping up
The Eligma driving team members have high aspirations and plan to turn BTC City into a unified Bitcoin platform. With this development, not only will the retailer’s ownership cost reduce but it will also put only the essential items in stock. It also gives shoppers the opportunity to diversify Bitcoin as a shopping platform.
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