Bejverage.Cash

After veritable explosion over the last few years bitcoin showed its largest drop since March this year and slipped to a 13-month low, falling below the $5,500. Ethereum, the second-largest digital currency, is down 14 per cent according to CoinMarketCap.

Vyacheslav Grekov, CEO Beverage.Cash project:

“Real sector economic integration represents a new era for cryptoworld.“

One of the main reasons for this rise of digital currencies is a hype-based desire of individuals to take economic power away from banks, governments and corporations. The main reason for the fall is the lack of cryptoworld and real economy connection. This turns cryptocurrency into virtual numbers not secured by anything other than hype. Having no financial support, cryptocurrency is doomed to instability.

The recent trend is the search for the ways to integrate cryptocurrency into the real economy. The first companies from the real sector of the economy have already begun entering the cryptocurrency market, which is becoming the logical continuation of their business by building new decentralized economic ecosystem.

Vyacheslav Grekov, CEO Beverage.Cash project:

“Many forms of cryptocurrency have been created over the last years and each of them has sought the way to integrate themselves into various sectors of the real economy. Cryptocurrency has to have a real worth and usefulness in order to be successful. Current trend of creating currencies backed by the real value helps to fill the gap between the real world and digital economies.”

The situation in the cryptocurrency market at the moment is showing that the currencies secured by real value are not subject to general downtrend and demonstrate a stable growth.

Beverage.Cash project is the wine and craft alcohol trading platform with integrated social ecosystem and counterfeit protection and a mobile platform where producers and consumers get connected.

The integration of RFID/QR/NFC tags into blockchain, as a part of “The Internet of Things” (IoT), will ensure protection for beverages against counterfeit and provide useful information about the product to consumers, while being a direct marketing tool, building pre- and post- direct connection between manufacturers and consumers.

https://beverage.cash/