Private centred Cryptocurrency, PIVX, has been added to Living Room of Satoshi. The move comes at a time the latter is chalking a lot of successes in Australia.
PIVX is the seventh Cryptocurrency to be added by the Australian outfit after Bitcoin, Ethereum, Dash, Monero, Litecoin and Ethereum Classic. Prior to this, it was only processing payment in Bitcoin.
Living Room of Satoshi which won the Best Start-Up in Australia in 2015 is a company that enables payment of any Australian bill using bitcoin. Their services include telephone bills, electricity bills, school fees, credit card, tax payments, and fiat bank transfers as well.
Harnessed by BPay online, the software is accepted by 45,000 outlets throughout Australia. Notably, it has so far processed over $5 million in bills and expanding posthaste.
Last week, Australia announced Bitcoin will be treated as money by July 1, 2017, and will spare it from goods and services tax (GST). This means investors and Bitcoin traders will not be levied for buying and selling Bitcoin by regulated exchanges and trading platforms anymore.
Elisha Owusu Akyaw, a Member of the PIVX Team has expressed the excitement of his outfit over the new partnership with Living Room of Satoshi. He understands this will enable thousands of Australians to have access to private and instant transactions.
Elisha specified:
“Our unique combination of Proof Of Stake and Masternodes to provide anonymous and fast transactions make us the ideal Cryptocurrency for a real-world payment system. With this integration, the steps to answer the ‘What can I do with PIVX?’ question has begun as this is the first of many integrations to come.”
On the part of Daniel Alexiuc, Founder and CEO of Living Room of Satoshi, PIVX is one of those coins pushing the boundaries of what is possible with cryptocurrency and combines some of the most interesting bleeding edge features with some entirely unique features too.
“Using a Proof-of-Stake mechanism with built-in instant transactions and deep privacy, a robust budget and governance structure, PIVX is also working towards a community driven voting mechanism that all PIVX holders can be involved in,” Daniel explained. “We’re excited to see how our customers use PIVX at Living Room of Satoshi.”
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