Notification Center. Tesla vehicles can now be bought using bitcoin: Elon Musk.
Visa Debuts Bitcoin Proof-of-Concept for Car Leasing
You can now buy a Tesla with Bitcoin — Elon Musk elonmusk Read Post a comment. Characters Remaining: Continue without login. Login from existing account Facebook Google Email. Share on Facebook Share on Twitter. Or, if some of those habits haven't changed yet, they certainly will in the near future.
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One of these habits is the way we pay for things, thanks to one key new component: cryptocurrencies. Those virtual, decentralized currencies come in different names and value, but the most accepted as of now is the Bitcoin. Knowing that this currency is gaining more and more popularity, many car companies are starting to realize how powerful and lucrative this cryptocurrency can be, and they decided to accept Bitcoin as a method of payment for their products and services. Since Sept.
Stephen James BMW. Now accepting Bitcoin payments.
Examples of those are seen in Atlanta and Albany, N. This Oklahoma-based automotive group has started taking Bitcoin and other cryptocurrencies in all of its 18 dealerships in that state. To make this possible, Bob Moore partnered with Aliant Payments, which will enable the payments with Bitcoin, as well as with Ethereum and Litecoin. The electric car company started accepting Bitcoin payments recently, but a noticeable case came in , when a Florida man purchased a Tesla S at a California dealership for This became a rare case for the Elon Musk company, which doesn't usually sell its vehicles at traditional dealerships and prefers online sales that involve direct transactions between the manufacturer and its customers.
If you are planning to get a brand new BMW car, you can now use Bitcoin to buy it, as many of the brand's dealerships are now accepting the cryptocurrency. Many dealers in the U. BMW seems to be in the right way by allowing its dealers to accept the currency of the future in its customers' transactions. When payment is made by the lessee, it is held in an escrow account on the Ethereum blockchain and in the event of a dispute between the lessor and lessee the HireGo team in charge of dispute resolution assesses the information — reviews and comment — recorded on the database and makes the final decision based on the credibility of the users.
In the event of no dispute, the money is simply transferred to the lessor. Also, there are insurance packages provided by the platform for the car owners to cover for damages incurred during the period for which a car was rented out. HireGo is a revolutionary platform in the car hire industry with the goal or disrupting traditional and centralized car rentals. The team is working towards launching the beta version of the HireGo app for Web, iOS and Android in the third and last quarter of the year where it will be available to all users in the globe.
For more information about the platform and updates on its upcoming ICO, visit the website here.
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The battery-electric vehicle innovation is the next big thing for the auto industry and Wrightspeed is at the forefront of it. It is looking like the dawn of a new beginning in the world of digital currency with the launch of Bazarswap.
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