On 20th August, on the official Twitter handle of Cointree, a platform used for the purchase, sale, and store digital currencies including Bitcoin [BTC], Ethereum [ETH], Monero [XMR], and NEO [NEO], has announced a partnership with Gobbill.
Gobbill is a digital financial assistant that automatically pays bills and invoices. Being sponsored by Microsoft, it can support bills from utilities, telecommunications, insurance, and council rates. This collaboration would enable Australian citizens to pay their bills using cryptocurrencies.
Cointree was established in the city of Melbourne, Australia in 2013, with the main objective of making blockchain technologies more accessible and easier to understand for the common man.
The Co-Founder of Gobbill, Sheldon Ewans, disclosed that he did not have much knowledge about cryptocurrencies and it wasn’t until earlier last year when he finally started working on cryptocurrencies. He revealed that this was what pushed him to collaborate with Cointree.
He spoke about the partnership, stating:
“I have traded, but not very successfully. That was the appeal of Cointree. I’m a novice and I’m surrounded by people at [fintech co-working space] Stone and Chalk, who are deep crypto specialists”
He further adds that in the future whether people like it or not, cryptocurrencies would become an integral part of everyone’s daily lives. Gobbill is currently trading with fiat currencies as well as debit/credit cards and will soon incorporate digital currencies as a mode of payment.
The operations manager of Cointree, Jess Rendon stated that the company already had a payment service system for users but through this collaboration, they can expand their services and at the same time, make the process faster.
Further, Rendon says:
“Last year alone we had about $100 million of bills paid and saw ten times growth in this payment feature”
A Twitterati commented on the partnership saying:
“Another great step towards mainstream adoption in Aus #crypto”
A Redditor leoov89 commented:
“I keep my fingers crossed, and I’m glad I’m participating in a innovatory project))”
Subscribe to AMBCrypto’s Newsletter
Tron [TRX/USD] Technical Analysis: Bull will continue to entertain the market
Bitcoin Cash [BCH] grows 10.8% while Bitcoin SV [BSV] hikes 4.10% over 24 hours
Bitcoin [BTC]’s price rises dramatically through bear-infested empire as EOY approaches
Ethereum [ETH] Technical Analysis: Coin pulls itself outside the pit
XRP, EOS and Stellar [XLM] remain the top double digit gainers in the past 24 hours
BREAKING: Ripple class-action lawsuit rolls ahead; plaintiffs place new demand
Bitcoin [BTC] addresses blacklisting doesn’t really matter that much, says Litecoin Creator
Bitcoin [BTC]’s prices are significantly lower than its $13000-$14000 fair price, says Tom Lee
Bitcoin [BTC]: Tone Vays “couldn’t disagree more” with Tom Lee’s valuation
Bitcoin [BTC] could rally upto $333k by December 2021, after reaching $2,500 in January 2019: Bobby Lee
Bitcoin proponent: Next bull market is going to see a lot more spending of Bitcoin
Exclusive: Mati Greenspan discusses Bitcoin [BTC] bottom, market crash and more
Bitcoin [BTC] is dead in the long-term; Litecoin has been dead for a while, says Bitcoin early adopter
Binance, Bitfinex only exchanges in top-25 list not faking trading volume, says research