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LA Token is Now a Payment Option at 150 Points of Sale Accessible to 10 mln Clients in Dubai and Hong Kong

Friday, 07 January 2022 07:15 AM

LiquiTrade Limited

LONDON, UK / ACCESSWIRE / January 7, 2022 / LATOKEN integrated its token LA as a top payment option to 150 outlets, including vending machines, cafes, and stores. To make this happen, LATOKEN partnered with ivendPay - PoS terminal supplier which enables crypto payments for merchants serving a hundred million audience who make purchases in Asia and the Middle East. Clients have the ability to pay merchants via QR code in a few clicks, while sellers can choose whether to receive payments in local fiat currency or in digital currencies. LA tokens are delivered to merchant's accounts within seconds on the blockchain LACHAIN and can be staked or exchanged to local or other currencies.

LATOKEN launched the blockchain LACHAIN, which is focused on DeFi, which is very fast in transactions, easily engaged with liquidity protocols, and compatible with Solidity. LACHAIN has a high Byzantine Fault Tolerance (BFT), which makes it extremely efficient and reliable even during phases of excessive node failures.

"We believe, thanks to LACHAIN, that LA token will become even more popular in the future. We understand that 60% of DeFi transactions are institutional, which, in our opinion, reflect the growing interest of family offices who consider DeFi staking as an alternative to fixed income instruments. That is why LATOKEN plans to build institutional-grade compliant infrastructure on top of LACHAIN to serve capital markets clients" - concluded LATOKEN CEO Valentin Preobrazhenskiy.

LATOKEN is a leading digital assets exchange with a mission to make it easy to manage assets and money worldwide:

  • LATOKEN has more than 1.8 million active accounts, including over 1.1 million mobile app installs with positive reviews by more than 25 thousand users.
  • LATOKEN L1 blockchain mainnet was successfully launched in October 2021.

The new blockchain and DeFi ecosystem is focused on capital markets and banking use cases as well as network effects of incoming financial institutions entering the market.

LA is a crypto token that can be used on the LACHAIN blockchain, it is issued by LATOKEN digital crypto exchange and marketplace, and is traded with the LA ticker.

ivendPay - Crypto payment system for vending machines, parking lots, electric cars, charging stations, mPoS terminals and online stores. It is available in Hong Kong, Singapore, Macau, Thailand, Mexico, Europe, and Dubai as a pilot project.

For inquiries contact:

Viktor Kurylo, PR Director.
E-mail: [email protected]

SOURCE: LiquiTrade Limited

Topic:
Product Announcements
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