Bithumb, South Korea’s largest cryptocurrency exchange, has announced plans to provide restaurants and cafes with digital currency kiosks. This will allow customers to pay for their food with their virtual currency holdings on Bithumb.
The kiosk, called “Touch B,” is the result of a partnership between Bithumb and the kiosk manufacturers Tros Systems, IYU, and Unos Space. The goal of this partnership is to give small food and beverage franchises the ability to cater to cryptocurrency-using clientele. While Bithumb itself will not be manufacturing the kiosk, it is probable that they will create the software used by the machines.
In a statement, Bithumb said,
“The entry into the kiosk business is meaningful to provide substantial benefits and low-cost rental services to small business owners. We will continue to work in various industries based on Blockchain technology. We will continue to provide opportunities to provide total solutions for small businesses through our partnership.”
Bithumb will offer multiple different options to the businesses utilizing their kiosks, allowing the proprietors to choose the best service for their needs. Bithumb will also be offering their kiosks for 10 percent less than the current going rate, to help smaller businesses afford their product.
Thanks to Bithumb’s password settlement service, Bithumb Cache, Bithumb costumers will be able to access their Bithumb accounts from these kiosks using their account passwords.
Bithumb recently partnered with one of the largest hotel booking services in South Korea, Good Choice, to allow the more than 50,000 hotels affiliated