Altcoin News: PwC and Burger King Start Accepting Bitcoins

September 4, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The Luxembourg division of the consulting company PwC, a member of the Big Four, will accept Bitcoins.

On Monday, a message was posted on the company’s website stating that this step was taken in response to increased demand from customers.

“What is certain, however, is that Bitcoin kept its promise as the first peer-to-peer payment mechanism that cannot be compromised and is based on a decentralised trust model. Despite this technological breakthrough, bad buzz and structural challenges have added to its growing pains by acting as impediments to its mass adoption,” the PwC website says. The authors of the publication added that the company believes in the prospects of the blockchain.

PwC has not yet disclosed the technical details of implementing its plans. It is reported that the company “works closely with the local regulated exchange.”

In mid-June, PwC launched an updated Halo solution with the ability to audit cryptocurrencies.

In addition, the Cointelegraph yesterday announced that Burger King also began accepting Bitcoins, but so far they can only be paid in the delivery application of the German unit. Nothing is said about the possibility of using cryptocurrency directly in restaurants, of which there are more than 600 in Germany.

Recall that in the summer of 2017, representatives of Burger King announced that Russian restaurants will start accepting Bitcoins. A few weeks later, Burger King Russia released its own cryptocurrency called Whoppercoin, which is based on the Waves platform.

Author: Marko Vidrih