The first-ever operation with use of a steyblkoin is performed

On August 27, 2020 Swiss-Singapore Internet bank Sygnum Bank, the developer of the platform for work with virtual currencies Coinify and the largest in Switzerland online retailer Digitec Galaxus announced about commission of the first-ever electronic transaction with use steyblkoina.

Steyblkoin is the cryptocurrency tied to any asset for example, to dollar. It becomes to solve a problem volatility. In this case operation was performed by means of virtual currency of Sygnum Digital Swiss Franc (DCHF) attached to to Swiss franc one to one.

As reported in the press release, steylbkoin DCHF was used for payments of purchase in Galaxus online store.

Sygnum Bank and Coinify performed the first-ever operation with use of a steyblkoin

According to partners, when using steylbkoin in electronic commerce the need for connection of banking systems disappears acquiring, i.e. shop and the consumer interact directly, without intermediaries. It, in turn, allows retailers to reduce losses on banking fees. Besides, it increases level security at accomplishment of payments on the Internet.

Annually more than $3.5 trillion dollars, including $11 billion in Switzerland which consumers spend in online stores pass through various processing systems of payments which features are numerous stages of checks. Many of them offer remarkable prospects malefactors — contains in the statement of partners.

As DCHF eliminates intermediaries and allows the seller and the buyer interact with each other directly, using reliable technology of a blockchain, probability of the hacker attacks and frauds it is minimized, add the company.^[1]

You look also the Blockchain and cryptocurrency

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