Small business owners account for just 6% of the world’s population, but over 90% of the world’s businesses. However, as much we may want to shop local and support our small businesses, many simply don’t have the resources that their larger, corporate competitors enjoy. Small businesses find it more difficult to offer rewards programs and marketing, which big businesses can use to move spare capacity and maximise revenue on their inventory and service investments.
Meanwhile, most digital currencies remain volatile and can seem untrustworthy, as they are not backed by any central authority or commodity. The decentralised nature of these digital currencies makes them immune from interference, but the lack of regulatory control keeps many business owners sceptical of their potential to improve cash flow.
The Qoin model stands apart from other digital currencies in that the purchasing power of Qoin becomes more powerful as the merchant ecosystem grows. The more businesses that join the Qoin community, the more everyone benefits, providing a vital boost to local economies. Qoin is represented by the goods and services of participating businesses within the ecosystem.
With the number of validated merchants in Qoin growing regularly, the result is an ecosystem where digital currency works more favourably for business owners and creates a digital currency tailor-made to sustain cashflow and make the most of their downtime. Qoin enables them to do both while offering a payment method to their customers that is fast, secure, and virtually contactless.
One of Brisbane’s top fish and chips venues has lured customers from as far away as the Gold Coast since it began accepting digital currency Qoin as payment.
Charity founder Sahar Ghaly hopes donations of digital currency Qoin will open a new channel of support for Australians living with the trauma of family violence.
While the COVID-19 wave has been a “business buster” for many Australians, Gold Coast man Peter Cook says this tough time has opened new opportunities.
Sixty years after his parents founded Mortel’s Sheepskin Factory in Maitland, NSW, owner Tony Mortel says 2020 has been his best year yet. Online sales of the company’s signature
The owner of a Melbourne piano business with roots stretching back over 100 years found last year’s COVID lockdown actually contributed to sales, even as..
Yes via the website – www.ourworldcoin.org