Blockchain technology is quickly revolutionizing the way we proceed with any trust-based transaction. Bitcoin is a digital currency based with no centralized bank/authority intermediating to ensure trust. Through cryptography, the trust is established digitally and verified over the network of computers using the currency.
Although Bitcoin is the primary driver of news, hundreds of other alternative coins (alt coins) are in circulation such as Ethereum, Ripple, Bitcoin Cash, Litecoin and many more. Over the past 12 months, the price of Bitcoin has increased from $1,500 CAD to $25,000 eventually settling at $17,000 to close out 2017 with an overall increase of over 11x.
Kuby Renewable Energy is now accepting Bitcoins as payment for solar power systems and contracting services. The rates shall be determined based upon present value of the cryptocurrency hedged against immediate volatility during the installation time frame.
To learn more about purchasing a solar panel system with Bitcoin, please contact us.
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