Bitcoin Asia Conference 2024: Use of Bitcoin in payments
The Bitcoin Asia conference took place in Hong Kong on May 9 and 10, 2024. During the event, 212 Bitcoin transactions were processed via the BTCPay server.
BTCPay Server: Self-custody and payment processing
The BTCPay Server enables self-custody and allows businesses to accept Bitcoin without relying on third parties. This helps avoid additional fees and privacy concerns.
The BTCPay Server supports Prism Payments, which facilitates direct and shared payments at the point of sale.
Stable payment processing thanks to Blink Wallet and "Stablesats"
During the conference, the BTCPay server ran flawlessly thanks to the support of the Blink Wallet. Stablesats improve stability by tying the transaction value to a stable currency.
Physical point-of-sale machines and bolt cards for easier access to Bitcoin
Physical POS machines and Bitcoinize devices for issuing physical receipts were deployed. Bolt Cards facilitated access to Bitcoin and the conversion of fiat money to Bitcoin, which could be used at POS terminals via NFC technology.
Training of salespeople and comprehensive commitment
Vendors received training on how to use the BTCPay Server efficiently to ensure full operational readiness with minimal need for ongoing support.
Conclusion of the Bitcoin Asia Conference
The application of these technologies at the conference demonstrates the feasibility of broader Bitcoin adoption in commerce and provides a robust example of the application of digital currencies in a real-world setting.
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