Chicken Restaurant Chain Church’s Accepts Dash in 10 Venezuelan Locations

[Goldleader]

Dash has been integrated into 10 Venezuelan locations of top-four chicken restaurant chain Church’s Chicken.

As announced today, Dash has been integrated as a payment option in 10 of the 13 local Church’s franchises. This was made possible through a joint effort from Dash Venezuela and the Dash Core team’s business development department. According to Church’s Chicken Venezuela’s General Manager Orlando Gustavo Navas, this integration represents a growing confidence in Dash as an emerging payment method:

“The Dash Venezuela and Dash Core Group teams have been instrumental in helping us adapt our payment systems, staff training, and providing counsel on all essential internal and legal processes for this integration, helping us become a global pioneer franchise in terms of accepting cryptocurrencies as a payment method. This integration was the result of our trust in Dash and its role as a growth agent in this new financial world – a system which can be successful in any market across any number of different industries.”

Founded in Texas in 1952, Church’s is one of the top-four fast food chicken restaurants according to Wikipedia, along with fellow major industry players Kentucky Fried Chicken, Popeye’s, and Chick-fil-A. It claims over 1,700 locations in 25 countries, 13 of those locations in Venezuela.

A partnership between Dash Venezuela and the Dash Core team

The Church’s integration was reached through a partnership with two different Dash teams, the Core team and Dash Venezuela. According to Global Head of Business Development for the Dash Core team Bradley Zastrow, Dash Venezuela began the relationship, with the Core team coming in for professional business development support:

“We’re proud to be the exclusive cryptocurrency payment for Church’s Chicken in Venezuela, it’s further evidence that Dash leads the way in digital payments. The Dash Venezuela team has done an incredible job fostering this emerging ecosystem on the ground, and it’s exciting to be integrating with a major national food chain at the franchise level, or the first time in Dash history. Like many great initiatives, the seeds for this partnership were planted in an earlier conference event held by the Dash Venezuela team. They kicked off the initial conversations, with Dash Core coming in later to help support and finalize the partnership.”

The Dash decentralized autonomous organization (DAO) funds a variety of different initiatives to promote Dash, including Dash News. While operating independently and autonomously, these groups do work together to maximize the effectiveness of their efforts, as was the case with the Church’s integration.

Dash adoption continues to surge in the bear market

Despite less than optimal market conditions, Dash continues to see impressive growth in global merchant adoption, standing out as many projects see decreased use or become insolvent. At time of writing, over 4,400 businesses accepting Dash are listed on DiscoverDash, with nearly 2,500 located in Venezuela alone. Colombia-based merchant adoption teams, meanwhile, claim 311 Dash accepting businesses, with 181 listed on DiscoverDash at present.

South America remains a prime target for cryptocurrency adoption, with Venezuela’s economic turmoil and hyperinflation making it a classic use case. Neighboring Colombia, which has seen an influx of Venezuelan refugees, has also been a hotbed for Dash adoption. Facilitating cross-border economic activity through borderless cryptocurrency payments could prove to be one of Dash’s first significant success stories.

Source :https://dashnews.org/chicken-restaurant-chain-churchs-accepts-dash-in-10-venezuelan-locations/

[makadaka]

this indicates that the market and the global community are beginning to accept and implement cryptocurrency

[cryp24x]

It only shows that there is a great possibility that businesses, merchants, banks, community and even the government can accept cryptocurrency as one alternative mode of payment. If the people will only know the goodness of the technology as well as cryptocurrency and how it will help to cope with the fast pace of the world in terms of digital currency, I think they will eventually accept the fact that we really need to adjust to the fast pace technology.

[asriloni]

It only shows that there is a great possibility that businesses, merchants, banks, community and even the government can accept cryptocurrency as one alternative mode of payment. If the people will only know the goodness of the technology as well as cryptocurrency and how it will help to cope with the fast pace of the world in terms of digital currency, I think they will eventually accept the fact that we really need to adjust to the fast pace technology.

This will become a good example but just curious about what will be the best decision to keep its price from the volatility of the crypto market. I wanna hear about an opinion regarding this problem and how it works. Maybe another platform can see that.

[Goldleader]

this indicates that the market and the global community are beginning to accept and implement cryptocurrency

agreed . if thing goes well then dash be used in other country too

[kumiskura]

this indicates that the market and the global community are beginning to accept and implement cryptocurrency

agreed . if thing goes well then dash be used in other country too

It is not about implementation but instead it is all because of petro did not work as it used to be or they are hoping for.
as we can see, Venezuela created their own cryptocurrency to help them out of the inflation which was called Petro. But it did not work well, first, they created it based on token ERC20 and need ETH to run it.
second, it does not work well because of its scalability while Dash has more power in term of transaction speed.
so, that was why some stores in Venezuela started to use Dash instead of Petro itself.

[dhiraj0977]

This is real indication that how businesses approaching cryptocurrency to accept their tokens as payment bills. I think cryptocurrency will be more pronounced and accepting cryptocurrency in payment bills in future as a mode of payment.

[Goldleader]

this indicates that the market and the global community are beginning to accept and implement cryptocurrency

agreed . if thing goes well then dash be used in other country too

It is not about implementation but instead it is all because of petro did not work as it used to be or they are hoping for.
as we can see, Venezuela created their own cryptocurrency to help them out of the inflation which was called Petro. But it did not work well, first, they created it based on token ERC20 and need ETH to run it.
second, it does not work well because of its scalability while Dash has more power in term of transaction speed.
so, that was why some stores in Venezuela started to use Dash instead of Petro itself.

the people in Venezuela is running out of option since their currency is nearly worthless, economy is near ruin  and normal stuff on the  black market is really expensive.At very lest I hope dash could provide alternative

[Herbert2020]

when some enthusiast starts accepting some altcoin, that doesn't mean that altcoin is actually used in the country! it just means someone was interested in that particular altcoin (most probably because they were bag holding it) that they decided to do something about it to advertise that altcoin more.

the most important question that you should be asking is how many payments does that "Chicken restaurant" processes through Dash, how many through fiat and how many through bitcoin if they accepted bitcoin.
the answer is always going to disappoint you about the altcoin because that is the reality of the world. people barely spend their bitcoin let alone their altcoin investments which they bought because they hoped for a pump!

[sabine80]

for me, it is generally a good news. any place where crypto is accepted as a payment option helps to make crypto known. i think that is still very important for crypto.

[Goldleader]

when some enthusiast starts accepting some altcoin, that doesn't mean that altcoin is actually used in the country! it just means someone was interested in that particular altcoin (most probably because they were bag holding it) that they decided to do something about it to advertise that altcoin more.

the most important question that you should be asking is how many payments does that "Chicken restaurant" processes through Dash, how many through fiat and how many through bitcoin if they accepted bitcoin.
the answer is always going to disappoint you about the altcoin because that is the reality of the world. people barely spend their bitcoin let alone their altcoin investments which they bought because they hoped for a pump!

but they just started ....... at lest need to wait for 1 or 2 month before showing result.  in Venezuela , i can see a good alternative because carrying a cartload of cash to pay for one meal is not practical