Categories: Blockchain

Storiqa moves into beta

Russian startup, Storiqa, has released a beta version of its blockchain-powered e-commerce marketplace.

“All product prices are presented in the STQ token. A tokenized business model allows for the creation of an accelerated transaction system. Later on we will add common cryptos and fiat currencies. Both buyers and sellers benefit from minimised transaction fees,” says Storiqa’s Ruslan Tugushev.

“We are looking forward to gathering feedback on the beta version. We know that one day cryptocurrency payments in e-commerce will become so common that the notion of ‘cryptoshopping’ will be widespread.”

Further details here.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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