Open source, decentralized cryptocurrency dash has been integrated into one of Australia’s most promising digital currency companies, Living Room of Satoshi (LRoS), a business that has already transformed the way people pay their bills online, said a dash-LRoS joint press release sent to CoinReport.
LRoS, which was founded just two years ago, was awarded the 2015 Australian Startup of the Year award by StartupSmart for the innovative way the firm lets Australians pay their everyday bills with digital currency, including government tax bills, rent, phone bills, utilities, insurance bills, credit card debit and speeding fines. The service is linked to BPAY, an online bill payment mechanism accepted by over 45,000 companies across Australia.
Dash’s integration into LRoS makes the cryptocurrency the only other option for bill payments on LRoS.
LRoS has processed over $2 million AUD in the first three quarters of 2016, a 250% increase from $800,000 AUD