- Oobit & VeChain Partner, Integrating VET for Sustainable Mobile NFC Crypto Payments
- Collaboration for adoption by the mainstream and positive social impact.
- Oobit’s Tap & Pay now supports VET, fostering crypto use at 100M+ retailers.
A significant step towards mainstream adoption of cryptocurrency has been made. OobitVeChain Tokens (VET), a popular mobile payment platform, have teamed up to be integrated into the platform of. The collaboration will pave the way to a sustainable everyday payment era, in line with VeChain’s commitment towards environmental, social and governance initiatives.
Read CRYPTONEWSLAND on
google news
Oobit’s announcement marks the inclusion of VET in its Tap & Pay feature, enabling users to seamlessly incorporate digital assets for their daily transactions. The strategic decision not only represents a breakthrough in technology, but it also highlights a real effort to use blockchain technologies for positive societal impact.
Oobit’s Near Field Communication technology (NFC), which uses mobile Near Field Communication, allows users to use VET as a payment method for their everyday purchases. It is important to note that the word “you” means “you”. partnership coincides with VeChain’s innovative ‘X-2-Earn’ model, introducing VeBetterDAO, a platform rewarding users with $B3TR for engaging with sustainability-focused decentralized applications.
The strategic alliance aligns seamlessly with VeChain’s ‘Blockchain Biosphere’ concept, outlined in the ‘Web3 for Better’ whitepaper. This concept demonstrates how blockchain ecosystems are able to effectively tackle sustainability challenges in various industries.
Oobit has secured $25 million in funding for its Series A round, securing the company’s position as an important player to advance cryptocurrency adoption. Oobit is supported by notable investors including Tether and Solana’s co-founder Anatoly Yakovenko. making VET the sixth token listed The platform is a great place to start.
The initial launch of Oobit’s Tap & Pay feature will commence in Europe, initially catering to Android users. The crypto holders can now pay at more than 100 million merchants worldwide that accept Visa or Mastercard. This will further promote the use of cryptocurrency in daily transactions.
VeChain’s integration into Oobit’s everyday payment system of VET not only encourages mass adoption, it also encourages users actively to participate in sustainable cryptocurrency technology. This partnership is a reflection of the worldwide shift to ESG principles.
Continue reading
Crypto News Landcryptonewsland.com)
Also abbreviated to. “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. Our goal is to create fresh, relevant content to help grow the cryptocurrency space. We believe that it has the potential to change the world. We know that all of our sources of news are accurate and credible, but we cannot guarantee the truthfulness of their claims or their motivation. Although we double-check all information coming from our sources to ensure its accuracy, we can’t guarantee that the content of our website is up to date and accurate. We also disclaim all information provided on our website, including any investment advice. financial advice. All visitors are encouraged to take part in the activities. own Before making an investment or trading decisions, consult with an expert on the subject.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cryptonewsland.com