Kripto Market extends its footprint in El Salvador as the crypto king Bitcoin becomes legal money.
According to a news statement with U-today, Kripton Market, a marketplace based on the Rootstock (RSK) Bitcoin-based smart contracts platform, is ready to accept a large number of firms.
In El Salvador, 150 shops have already used Kripton Market devices. Its Bitcoin-friendly tools will be included to a mainstream software package thanks to a newly struck collaboration with Procom and Innovacion y Desarrollo.
As a result, 564 more establishments and businesses will begin taking Bitcoin (BTC) payments, conducting money transfers, receiving money using QR codes, and shipping products in the near future.
Kripton Market also established similar partnerships with the companies Acomi, Comedica, Acofinges, and Bancovi. Merchants in San Salvador, La Union, Cabaas, San Miguel, Ahuachapan, Juayua, La Libertad, Morazan, and San Vicente may now take Bitcoins.
El Salvador’s use of Bitcoin is gaining traction thanks to RSK
RSK-based solutions will help local enterprises embrace Bitcoin as a valid payment mechanism, as El Salvador became the first country to do so.
Its portfolio includes the Money-on-Chain financial system, non-custodial wallets Beexo and Defiant, and Tropykus Finance’s Bitcoin-based DeFi.
Rootstock (RSK) will also conduct a number of meetups and seminars in El Salvador to spread the word about decentralised technology.