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
Is China’s Alibaba Group going to aquire Alibabacoin [ABBC]?
Ethereum [ETH] in the spotlight again; developers and the community talk updates
Litecoin [LTC/USD] Technical Analysis: The green zone turns red as the bear feasts on the wounded market
Cardano [ADA]’s Charles Hoskinson on EOS raising more capital than Cardano
Bitcoin Cash [BCH] is more viable than Bitcoin [BTC] says Co-Founder of Cyber Capital
Ripple partner Santander to adopt SWIFT GPI: What does it mean for XRP-powered xRapid?
Ripple partner Santander goes live with SWIFT’s Global Payments Innovation
Bitcoin [BTC] is not going to disappear, but Ethereum [ETH], XRP and others are “going bust”, says Roubini
Bitfinex pauses USD deposits after Bitcoin [BTC] drops: $2.3 billion at stake as insolvency rumors threaten USDT legitimacy
Tron [TRX/USD] Technical Analysis: The bulls have charged attack on the bear
XRP can now be used as collateral for $2 million instant loans
Tron [TRX] Foundation and Justin Sun announce a new partnership event
XRP, Ethereum [ETH] create ripples in cryptocurrency space; market wakes up to developments
Is Tron [TRX] planning to build its decentralized TronTube after the YouTube outage incident?