ECoinmerce Will Allow McAfee Redemption Unit Currency
It has recently been announced that the decentralized, blockchain based marketplace ECoinmerce will now accept McAfee Redemption Unit Currency (MRU). It is simply a decentralized cryptocurrency that also has a physical currency. You can acquire actual dollar bills that are hologramed and serialized that can be purchased and redeemed for the digital currency. With ECoinmerce’s decision to use this new form of currency they are taking a step towards making currencies like this far more relevant, and at becoming more relevant and popular themselves.
In today’s increasingly digital and blockchain based society there are tons of different avenues that companies can seek out if they wish to make their product or site on the cutting edge of technology. When two companies that are both seeking to make breakthroughs in the blockchain world meet, then you have unprecedented and unparalleled occurrences that will have positive impacts on blockchain technology in general.
What Is ECoinmerce?
ECoinmerce is a brand new marketplace that uses decentralized blockchain technology to bring super low prices to consumers who band together to buy products in bulk. It stores the prices and records of transactions on various nodes and computers all across the world, and it is one of the first blockchain marketplaces. It is like Ebay or Amazon except for the fact that it is not stored on servers at a facility, but it is stored on everyday people’s computers.
With its newly announced acceptance of a relatively unknown currency like MRU there is likely to be a huge paradigm shift towards companies accepting just about all forms of cryptocurrencies. With this preliminary step being taken, ECoinmerce is opening itself to multiple different cryptocurrencies being hosted and accepted on the site. Decentralized blockchain sites and currencies often go hand in hand and this is one such scenario’s
When it come blockchain, companies are finding creative ways to utilize it every single day. ECoinmerce is a product of that innovation. It is leaps and bounds ahead of most other online shopping websites, which is part of the reason why it has been quite successful.
What Does This Mean for the Marketplace?
Due to the fact that RMU has an actual physical monetary aspect associated with it, it is sure to have a lot of consumerist hype associated with it as with most cryptocurrencies. Anything that sets a cryptocurrency apart from its competitors will likely increase the ability for this cryptocurrency to get up and running. McAfee has hitched its wagon not only onto the influential site ECoinmerce but also onto the fact that it has a physical aspect to it.
Although ECoinmerce was one of the first decentralized blockchain trading sites, many other companies have begun to do similar things by hosting their information using blockchain technology. Every transaction or trade that goes on the site is stored on people’s computers all around the world. This interconnectedness is only made stronger by ECoinmerce accepting another decentralized blockchain based tool for acquiring goods.
No matter what other forms of cryptocurrency ECoinmerce goes on to accept, the acceptance of RMU is likely one of the most influential because they are giving a relatively obscure cryptocurrency the shot it needs to get up and running as a reputable cryptocurrency site that will be traded amongst most major marketplaces for cryptocurrencies.