A few hours ago, the leading supply chain company Tradeshift announced that it had carried out a transaction to purchase goods from IKEA using Monerium.

This is an important milestone because Monerium is one of the few companies to have a license to send electronic money via blockchain, proving with this transaction that the market is ready for these tools, regulated by governments and with a programmable currency.

Tradeshift co-founder Gert Sylvest explained:

“Programmable money regulated by governments will become the foundation for e-commerce payments because they enable so called ‘smart contracts.’ Smart contracts have many use cases. For example they can be used to generate ‘Smart Invoices’, which are invoices that basically settle themselves. We see smart invoices not just as useful for lowering administrative hurdles in business-to-business (B2B) cross-border transactions, but for building new financing models that makes it easier for enterprises to improve access to credit and improve cash flow. That is why we have built the world’s first smart invoice and now settled it with licensed digital cash together with Monerium. This is an important step forward.”