A forthcoming episode of Advancements with Ted Dawson which is going to air in the third quarter of 2018 on CNBC will focus on the latest innovations taking place in cryptocurrency payment solutions.
The upcoming episode is aimed to inform their audiences about Paytomat’s software solutions for accepting cryptocurrency, which will include an innovative decentralized franchise model, an intuitive easy-to-use wallet app for customers, chatbots, and direct integration with leading POS vendors. The show will explore how Paytomat plans to incentivize merchants and end-users with its blockchain-based loyalty program that rewards its participants for using cryptocurrency.
The Advancements series is an information-based educational show, targeting recent advances across a number of industries and economies. Featuring state-of-the-art solutions and important issues facing today’s consumers and business professionals, Advancements focuses on cutting-edge developments, and brings this information to the public with the vision to enlighten about how technology and innovation continue to transform our world.
Paytomat will introduce several innovations that will help connect cryptocurrencies to the real economy. First, it’s their loyalty program based on the PTM coin, incentivizing merchants to accept payments in crypto, and PTX tokens, incentivizing customers to pay with crypto.
Second, it’s the decentralized franchise model where each individual entrepreneur or company can represent themselves as Paytomat’s distributor and thus help them expand their ecosystem to local markets.
Finally, it’s direct integration with leading POS vendors with a simple and effective API, allowing any willing crypto core team to start its real life traction in a matter of days.
Paytomat is registered in Estonia but most of the core team is located in Kyiv, Ukraine. Currently they are building a network of local representatives in different parts of the world who are helping the company with business development, networking and marketing.
The company’s priority currently is fostering new partnerships with cryptocurrency core teams, POS vendors and merchants. In the second half of 2018 they will focus their on-ramp strategy on the decentralized franchise for the local markets and on reaching out to the various industries outside of our original HoReCa box.