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Topic: IKEA Accepts Ethereum tech! (Read 301 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 07, 2019, 06:07:40 AM
#32
I don't know if that is true or not, but they can accept ethereum technology and integrate their payment with the ethereum. If that is true, then I think that can bring new experiences to IKEA. I think that can attract the other big companies to use not just ethereum but also bitcoin. But that will be interesting to see what will happen next to the other big companies. Will they follow IKEA to accepts cryptocurrency, or they still use the existing payment system.
member
Activity: 378
Merit: 10
October 07, 2019, 05:16:27 AM
#31
It would be a much better news, if IKEA would accept crypto globally. But as far as I understood, they are accepting ETH only in Iceland, and this country is very crypto friendly with a bunch of mining firms located there.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
October 07, 2019, 05:10:48 AM
#30
Excitemeny intensifies!!.. IKEA is a huge multinational company. It has a few points of work in my country as well  and I've even been looking lately to buy some furniture and appliances. Will send them an email to inquire about paying with cryptocurrencies.
full member
Activity: 924
Merit: 106
homt.net
October 07, 2019, 05:07:17 AM
#29
Wow, this is huge news for Ethereum. Ethereum becomes useful in everyday life and people will realize how this technology can be helpful and reduce costs of service. But many people could lose their job because they can be replaced by this technology.
sr. member
Activity: 728
Merit: 250
October 07, 2019, 05:00:43 AM
#28
Yes, I heard about it. Co-founder of Tradeshift hopes that this can help break down country barriers for small companies and open access to finance in all of our 190 countries where the Tradeshift platform is operational. I think it's a huge step for crypto community.
legendary
Activity: 1264
Merit: 1008
October 05, 2019, 07:24:29 PM
#27

If it is true, it is good development for not only for ETH but also for crypto world. As global companies like IKEA start to use (even pronounce) crypto currency, it will be good opportunities for all crypto world make their own advertisement. With this purpose new traders and investors can meet with crypto. More money can flow to crypto.
In these situation, we must be careful about new traders not be scamed by scammers. We must protect all crypto world against scammers for the sake of crypto.
sr. member
Activity: 1151
Merit: 260
☆Gaget-Pack☆
October 05, 2019, 06:57:59 PM
#26
Nice! It's good to see large retail chains like IKEA getting behind the crypto scene. I guess in order to receive  steady adoption we need the big merchants to gradually start accepting payments in crypto, creating a wider reach to of people who may be unfamiliar with crypto.
full member
Activity: 434
Merit: 100
Distributed Intelligent IoT Technology
October 05, 2019, 06:24:22 PM
#25
This news pleased me very much and I am glad that such a big business keeps up with the times. It seems to me that this is an indicator of how the cryptocurrency is used in various sectors of the existing business.
sr. member
Activity: 1330
Merit: 289
October 05, 2019, 05:51:59 PM
#24
It's amazing to see that Tradeshift assisted IKEA to process an invoice using Smart contract on Ethereum blockchain for a local retailer. I'm looking forward to seeing a day when many businesses will adopt blockchain technology and crypto mainstream. This is the only way crypto won't go extinct, even though more upgrades in blockchain architectures and regulations might be needed soon for remarkable adoption to happen.
sr. member
Activity: 574
Merit: 251
October 05, 2019, 05:45:57 PM
#23
read the article dont understand the big deal.
sure its nice ofc, but its not the biggest of deals and it wont change anything im afraid :/
full member
Activity: 896
Merit: 103
October 05, 2019, 05:09:20 PM
#22
wow, super news, thats mean one - soon world will be ready to use cryptocurrency as payment method, also I think we could see december 2017 soon again
legendary
Activity: 2982
Merit: 1069
October 04, 2019, 07:28:41 PM
#21

IKEA is a swedish company and makes almost anything. They have a wide range of product and a large service area. Integrating crypto in their payment would further their use.
As read the article, it's not just a payment completed with Ethereum. IKEA Iceland used smart contract on Ethereum to create a smart invoice. And actually paid with digital Krona.
It's the first time smart contract being used in such trade.
sr. member
Activity: 1586
Merit: 271
Enterapp Pre-Sale Live
October 04, 2019, 06:00:58 PM
#20

Yes. I love hearing news like this. Crypto is active for real transactions. So with the presence of companies like IKEA, crypto users will increase, thus the price of crypto will also increase.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
October 04, 2019, 03:21:37 PM
#19
im trying to understand this, dosent seem to be as big of news as people think?
the article is weird, its like they used some third party or was it a direct payment with ETH?
to ME the article sounded like they were using a third party something like Bitpay but for ETH, which would still be sweet, but not THAT huge Tongue

also: ETH dosent need hype, ALL it needs is PoW to end, and its moon time Wink
sr. member
Activity: 602
Merit: 252
October 04, 2019, 01:38:47 PM
#18
Great news not only for the crypto community but also for the likes of the furniture industry as well. This will certainly push competitors to accept cryptocurrencies as a payment option. Further, a boost to the Ethereum market which has been seeing ups and downs wouldn't be such a bad thing either.
newbie
Activity: 38
Merit: 0
October 04, 2019, 11:04:07 AM
#17
Quote
So basically, until you have your national crypto-currency that represents your country's fiat, you probably cannot use Ethereum to pay for products you buy in IKEA.
Alright agreed, but you can still use crypto to pay for an asset be it national crypto.
sr. member
Activity: 854
Merit: 257
October 03, 2019, 05:08:36 AM
#16
gradually and confident steps people enter the world of cryptocurrency, because it is convenient and profitable. IKEA is an advanced store, and I am not surprised that they are starting to use blockchain and their cryptocurrency.
full member
Activity: 980
Merit: 109
October 03, 2019, 04:24:56 AM
#15
This is great! IKEA is not such a small company Smiley This is a good reserve for the future. If it is possible to develop the direction of such payments, then there will be others who want to introduce payment using cryptocurrency.
sr. member
Activity: 430
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
October 03, 2019, 03:55:17 AM
#14
Cool thing, I hope more global players will start to accept cryptocurrency payments to grow mass adoption. That way the whole ecosystem will mature.
hero member
Activity: 1092
Merit: 500
October 03, 2019, 03:52:22 AM
#13

Well, obviously IKEA was one of the company which is under the control of the government who used under the payment in the smart contract of blockchain field, correct me if I am right to my understanding. So I think, on this issue the price of Ethereum might get affect by it, in which is good news to all eth holders.
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