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It is a non-custodial app which means customers can fully control and manage their Dash holdings without paying any exchange fee to a third party.
DashDirect, the new consumer-focused retail app by Dash, will bring ground-breaking results as it would mean direct adoption of cryptocurrency by retail merchants.
Cryptocurrencies would stop being a playground for the few as newer blockchain-based payment products enter the market. Dash, the open-source cryptocurrency, has made a fresh foray and launched its unique retail app that will help US customers not just spend their Dash cryptocurrency for everyday purchases but also earn instant savings.
This retail adoption of the Dash cryptocurrency was made possible with the investment from Dash Investment Foundation. The app was designed by an Arizona-based financial technology company called CrayPay in partnership with Dash Core Group. Soon customers in America can spend their Dash coins across their favourite brands and bring cryptocurrency into their everyday activities.
A lot is discussed about cryptocurrencies worldwide but a majority of the content has no connection with the average household. Crypto is often considered a digital asset in holdings much like how we hold commodities like gold. With such a reputation and amidst such global regulatory actions, the DashDirect app is indeed a brave step.
It is revolutionary because it will bring crypto into the mainstream consciousness and will introduce cryptocurrency in the retail market. To spend the digital cash while eating out at your usual Subway is a great leap in the crypto world.
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Content specialist with interest across sectors like Finance, Politics, Environment, Technology & Education. Loves Fiction! A reader, dreamer & blogger. When not writing, you will find her enjoying solitude like her cats