One blockchain research and development company named Quanterall is in the Cardano ADA news for showing off a unique type of prototype which includes a self-checkout system in a Cardano shopping utilizing the ADA cryptocurrency, a public blockchain that allows users to send, receive and spend digital cash.
The application is a real-world use case that is designed for everyday consumers at shops and grocery stores – allowing people to buy items at the store without a cashier. Customers can interact directly with a point-of-sale (POS) device.
As the company’s team developer noted, the Cardano shopping begins when a shopper simply takes items off the shelf and scanning the products’ barcodes by using their smartphone with the Quanterall app.
Once the scanning and weighing continues, the shopper can select the ADA cryptocurrency as a payment method and continue with the checkout. Once the transaction is complete, the shopper will leave the store with a paper receipt generated by the POS hardware device. This is how the Cardano shopping takes place.
Even though similar systems exist today, they require credit or debit card swipes to complete the transaction instead of cryptocurrencies being loaded onto smartphones – which are not requiring any banks or financial institutions in order to work.
And while the Cardano shopping initiative will definitely attract the likes of tons of customers, analysts believe that ADA will also rise soon and is part of a solid momentum as of recently.
Currently ranked at the 12th point, Cardano’s ADA token is trading at $0.043 with a 1.45% increase on the day and volume of $56 million traded in the past 24 hours. The altcoin news show that the top 20 coins are all in the green today, led by Bitcoin (BTC) which is trying to breach through the $8,900 mark and then regain its $9,000 stance.
As the Cardano shopping revolution progresses, we can see many new ways in which the ADA cryptocurrency would be spent. Quanterall is certainly one of the pioneers in this segment – allowing users to send, receive and spend digital cash in a unique way. This takes the shopping to a new form and experience – the cryptocurrency spending experience – which is set to bring a bright future.
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