A “bet on the future” for the Belgian startup
If you live in or visit the Belgian cities of Brussels or Antwerp, you can now pay for any street parking or public parking with cryptocurrencies.
This initiative is carried by the startup Seety, which specializes in digital parking and already has over 350,000 users in Belgium and the Netherlands.
The Seety team has just added a cryptocurrency payment feature to its app.
This allows users to pay for parking with 7 cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), but also with USD Coin (USDC) and DAI stablecoins.
“Since the startup was founded, we have been using the latest technologies to improve mobility and the parking experience. So it was important for us to be able to innovate with payment methods as well,” said Hadrien Crespin, founder of Seety.
According to local media outlet DataNews, users who would like to use cryptocurrencies to pay for a parking space will use the cryptocurrencies to purchase Seety Credits, an in-app “currency.”
The startup’s founders believe that paying for a parking space with crypto assets shows how much more they will be adopted in everyday microtransactions. In fact, the startup expects the adoption of crypto-currencies to accelerate when they become “more environmentally friendly.”
Available in more than 200 cities in Belgium, France, Luxembourg and the Netherlands, the Seety app could roll out the feature to other municipalities in the near future.
Little by little, crypto-currency payments are being democratized around the world. Sure, many people don’t want to spend their precious satoshis, but payments via stablecoins are gaining popularity in recent months.
In addition, payment networks Visa and Mastercard have been getting into the game for the past few months, and are in a fierce battle to recapture shares of the crypto-card market and develop dedicated features for crypto-assets.
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About the author: Clement Wardzala
Editor-in-Chief of Cryptoast, I discovered Bitcoin and blockchain technology in 2017. Since then, I’ve been striving to share qualitative content so that the sector can be democratized to everyone.
All articles by Clement Wardzala.