After making a purchase through IKEA Iceland, Nordic Store settled the e-invoice through smart contracts on the Ethereum blockchain. However, the transaction was paid using Iceland’s fiat currency, the Krona, and not crypto. IKEA Embraces Blockchain The operation for the Icelandic retailer, IKEA, was made possible through Tradeshift, a supply chain payments company, and Monerium, a licensed e-money for blockchains, which is also backed by blockchain software company ConsenSys. Earlier this year, Monerium received itsRead MoreThe post IKEA Agrees to Pay Invoice Using ConsenSys-Backed E-Money Provider appeared first on Bitcoinist.com.
