Bitcoin.com Partners with MikonCash MPay to Target Domestic Market

[Asia Economy Reporter Hyunseok Yoo] Bitcoin.com announced on the 21st that it signed a strategic partnership with Mecon Community on the 11th.

With this agreement, Bitcoin.com added Bitcoin Cash to MeconCash's M.Pay platform. A company representative stated, "Bitcoin Cash can now be used on Mecon Mall, where the real economy is traded with domestic MeconCash through MeconCash's M.Pay," adding, "Legal services and medical services added to the M.Pay platform can also be paid with Bitcoin Cash, and especially in the medical service sector, it is expected to greatly help attract overseas patients."

According to CoinMarketCap, Bitcoin Cash records a daily trading volume of $6 billion and ranks 4th with a market capitalization of approximately $7 billion. Bitcoin Cash was created in 2017 as a hard fork from Bitcoin due to Bitcoin's limitations. Bitcoin Cash was designed to be used in real life by flexibly increasing the block size to 2~8MB to improve speed.

Jae-do Cho, Chairman of Mecon Community, said, "Bitcoin Cash can now expand in Korea through MeconCash's M.Pay platform," and added, "Through close cooperation with Bitcoin.com, a global Bitcoin platform, MeconCash will present a model answer for domestic native coins by growing alongside Bitcoin Cash."

Roger Ver, Chairman of Bitcoin.com, emphasized, "It did not take long to decide on strategic cooperation with MeconCash after seeing MeconCash's exemplary ecosystem and steady business development," and added, "Bitcoin.com will do its best to expand Bitcoin Cash and MeconCash in the Korean and global markets, and we are proud to advance the global cryptocurrency market together with MeconCash."