The world of business is all about partnerships and networking with other businesses for the shared common goal of making business profits. This can be accomplished by making the customer experience more efficient as with the case of Pornhub partnering with Verge (XVG) a while back. The same Pornhub recently announced that it will now be accepting Tron (TRX) as a form of payment for subscriptions.
The Verge (XVG) partnership was welcome for XVG has a privacy aspect to its ledger that porn subscribers might find useful for anonymously paying for the adult digital content. But the porn industry has been known to embrace technology advances faster than greased lightning. One needs to look at how the VCR and the old school videocassettes were the preferred technology for the porn industry back in the 90s. The industry has since adopted a youtube-upload-type of sharing content where you can get paid for making home videos. The same industry has been first in line to utilize virtual reality. The adoption of crypto in the porn industry was only a matter of time!
It is, therefore, no surprise that Pornhub would also embrace the digital currency of Tron (TRX). If all goes well, and according to Justin Sun’s vision, the Tron Project will be able to decentralize the web on the blockchain in a manner where everyone would be able to create content as well as get paid for it. Sun recently acquired popular file sharing platform of BitTorrent and the internet is abuzz as to what plans he has of integrating it with the Tron project.
That said, Pornhub also plans on accepting ZenCash (ZEN) for payments on its platform. Both TRX and ZEN can be used as payment options for Pornhub purchases, including the Pornhub premium streaming service and its traffic and advertising network.
Pornhub VP Corey Price was quoted as saying the following by Variety Magazine:
“Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum. Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.”
Mr. Price’s comments reiterate the observation that the porn industry is always ahead in terms of adopting new technologies. The future looks bright for the crypto and porn industries as the latter values privacy as well as efficient technologies that the former can now provide. With an estimated daily user base of 90 Million, Pornhub will be key in pushing crypto adoption to the mainstream.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of WehoCity via Flickr
The post Pornhub Not Faithful to Verge (XVG), Now Accepts Tron (TRX) appeared first on Global Coin Report.
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