ABBC Proudly Unveils Buyaladdin in Rockefeller Center, New York

ABBC Proudly Unveils Buyaladdin in Rockefeller Center, New York

One of the problems with cryptocurrency has also been the uses for it. Besides exchanging for other crypto there was never anything that it could actually purchase. A study by Chainalysis reveals that only 1.3% of Bitcoin transactions involve a merchant. Buyaladdin is looking to solve this, wherein during the event a product demonstrator for the app used Bitcoin to buy a pair of sneakers on the app — a pair of Vans to be specific. Buying cryptocurrency involves a lot of risk because values can be volatile, but ABBC foundation’s new shopping platform is poised to make investors confident.

TNC CEO Bruce Jeong spoke about the changes Buyaladdin would bring, saying ‘’It will be like a boom, like so different from the beginning.” TNC is a company that is set to merge with more than 500 blockchain companies this year.

The event closed with Liberland President Vit Jedlicka giving his final thoughts on Buyaladdin. Liberland is a free republic that has plans on being a crypto-state by running the country through a decentralized autonomous organization as per President Jedlicka’s vision.

A world with paperless payment seems more and more likely to happen as each innovation bests the next. ABBC has a lot more in store for the years to come and Buyaladdin is geared toward catapulting the crypto world into mainstream. On that note, we would like to thank our supporters of ABBC foundation, as well as the Rockefeller Center for having us.

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