Muffin Break is the latest among the Sunny Coast businesses to turn to digital currency
There has been a huge take up by Sunshine Coast businesses of Australia’s newest digital currency.
The latest Sunny Coast business to come on board is Muffin Break at Sunshine Plaza, Maroochydore, which has now introduced Qoin digital currency, based in Queensland.
Store owner Chris Trigg, a 20-year hospitality and food service veteran, says Qoin is already operating in the food sector throughout the Sunshine Coast and he wants to explore new ways for local businesses to innovate.
“Qoin is in the right space at the right time. We have been looking for a digital product that is fast, easy to understand and which is aimed at consumers and this fits the bill,” says Trigg. “It is Australian based and already has about 7,000 merchants on its books, so we are keen to give it a go. I played in the digital currency space a few years ago and didn’t really understand it. But Qoin has been able to answer my questions and it is a perfect fit for small business wanting to attract Qoin users.”
In the current COVID-19 environment, digital currency is emerging as a new way of doing business and no one can afford to ignore it, says Trigg.
Over the space of six months more than 7,000 small business merchants, including many in the Sunshine Coast, are now accepting Qoin, the newest digital currency, built on blockchain, and which offers cashless transactions.
And now the Sunshine Coast is being specifically approached following research undertaken by Qoin that shows Sunshine Coast businesses and merchants are keen to get involved in digital currencies.
Qoin Australia Chief Marketing Officer Andrew Barker says, “We have done our homework in the Sunshine Coast and we have a dedicated sales team of independent agents that are in contact with Sunshine Coast businesses. “The current economic climate off the back of COVID-19 has encouraged many businesspeople to open their eyes to new ways of doing business and that includes digital currency.”