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06 Aug 2021

Stellenbosch start-up 6DOT50 brings crypto to retail

Stellenbosch-based start-up 6DOT50 is hoping to help consumers spend bitcoin and other cryptocurrencies in retail stores and online in South Africa, making it easier to use crypto money for purchases. In this episode of the podcast, 6DOT50 founder Warren Venter talks to TechCentral’s Duncan McLeod about why it’s enabling support for cryptocurrencies such as bitcoin and ether in its payment platform and why it believes there’s demand for such as service in South Africa. “Until now, cryptocurrencies have failed to fulfil the primary purpose of money, being its ability to be exchanged for goods and services,” said Venter. “6DOT50 has solved this problem by positioning its Digital Rands money vouchers as the bridge between the crypto world and fiat world, and providing an offramp for

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