Blockchain : Thailand’s Movie Theatre Chain Accepts Payment In Cryptocurrency
Many businesses are now integrating cryptocurrencies as a form of payment. Major Cineplex, the largest movie theatre operator in Thailand has added cryptocurrency payment to its system. Movie enthusiasts can buy other digital currency, tickets, and popcorn using cryptocurrency.
According to the Thai Publication The Nation*,* RapidzPay, a Swiss fintech firm will set the machines at the point-of-sale at its theatres to integrate cryptocurrency payment.
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
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