People living in Hong Kong can now use the proof-of-stake privacy coin Ghost Coin. This follows a partnership with ivendPay to introduce cryptocurrency as a payment option for vending machines in Hong Kong.
The John McAfee-led Ghost coin announced in Twitter that both firms would deploy around 60 vending machines in Disneyland and several other locations across Hong Kong. The firm tweeted:
“When we 1st launched $GHOST our vision was not only to focus on #Privacy but also on real user adoption […] we are happy to announce that we have partnered with @ivendpay to deploy $GHOST as a form of payment in over 60 vending machines across HK including #hongkongdisneyland.”
Converts Cryptocurrency to Cash
The partnership will see customers buy-in at least 60 vending machines. This is dissimilar to an announcement where Coca-Cola announced customers could use bitcoin in New Zealand and Australia vending machines. The Coca-Cola Amatil and CentraPay partnership give users access to about 1200 vending machines in both countries. The system uses a QR code that converts cryptocurrency to cash before the vending machine dispenses the product.
The MainNet of the data protection and the distributed currency was launched on June 22 amid controversy. The distributed ghost exchange replaced the distributed McAfeeDEX exchange. PIVX crticized the controversy-ridden and eccentric McAfee following the discovery of plagiarism. The Ghost white paper “copied” some parts from the PIVX open-source protocol white paper.
Driving Acceptance of Cryptocurrency
Even after admitting there was plagiarism, McAfee went ahead and threatened to sue PIVX for defamation. PIVX has plans to introduce a data protection protocol based on zcash’s zk-SNARKS later this year. McAfee stated in a series of tweets:
“My final tweet in the $GHOST controversy: PIVX is attempting to claim that their source code is Public Domain, but that the description of how it all works (The White Paper) is not! Then what f*cking good is Open Source if the documentation is not included? What scam is this? Claiming a product is open source while withholding the documentation is a fraud. Pure and simple. I will soon demonstrate that in the courts.”
With over 4.5 billion active users by January, the number of internet users has reached an astonishing level as start this new decade. This accounts for at least 59% of the world’s population. The internet’s growing influence on individuals and commercial entities is crucial in day-to-day life. Since the acceptance of the internet is growing faster than mobile technology, the development of the web is driving acceptance of cryptocurrency.
