Privacy focused altcoin DASH has partnered with payments platform BlockPay to enable its use for point-of-sale (POS) purchases of goods and services.
The collaboration is only the latest in a series of high-profile gains for the coin, which is trading at all-time highs of $26 Friday.
Munich-based BlockPay’s POS tool facilitates cryptocurrency as a payment method, providing stiff competition to card companies through its lack of merchant fees.
“The slow transaction speed, the high transaction fees and the speculative nature of Bitcoin make it very unsexy for everyday consumption,” he commented. “We added Dash because we see a huge potential in the very active Dash community and in the underlying scaling technology of Dash.”
Nonetheless, enthusiasm in the asset is showing no signs of wavering, as BitMEX CEO Arthur Hayes demonstrated when DASH launched on the exchange last week.
DASH and BlockPay’s relationship meanwhile goes back some time, having received an initial release in August last year.