BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’

Neutral BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’

Slovenia's largest shopping destination is implementing strategies to become a "genuine Bitcoin City." Coincidentally named BTC City already, the complex stretches 475,000 square meters and is filled with 500 retail stores. It was recently visited by the country's prime minister who got acquainted with its bitcoin strategy. During his visit, the state secretary bought him a cup of coffee using cryptocurrency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Prime Minister Visits BTC City

The Prime Minister of Slovenia, Miro Cerar, recently visited BTC City, a sprawling, 475,000 meter-squared commercial business and shopping complex in the capital city of Ljubljana.

Fintech startup Eligma has created a point-of-sale system which is being used in a number of retailers in BTC City, in an effort to convert it into a "Bitcoin City." Describing the commercial complex as "a business and shopping ecosystem based on the latest technological solutions including blockchain, AI, and cryptocurrencies," Eligma elaborated:

The purpose of his visit was to open the Beyond 4.0 international conference, dedicated to digital society and blockchain, as well as to get acquainted with BTC City's strategy to become Bitcoin City.

During the morning meeting, Cerar received "a cup of 'crypto coffee' bought for him by Slovenian State Secretary Tadej Slapnik through the Elipay cryptocurrency transaction system," the startup described.

The first successful use of the Elipay wallet at the city was to pay, using bitcoin, at the complex's waterpark in April. Eligma added that the app would also be able to use bitcoin cash and Elipay's own loyalty rewards token in the near future.

BTC City to Become a 'Genuine Bitcoin City'

Founded in 1954 as a warehouse and logistics enterprise, BTC company added many warehouses in the northeast of Ljubljana over time. In 1990, the complex was repurposed as a commercial shopping area and adopted the name BTC City. Ever since it has added large commercial ventures including a hotel, a sports complex, a casino, a multiplex cinema, a water park, and the tallest building in Slovenia, the crystal palace office park. With over 500 retail shops, BTC City's website describes itself as "famous for being the largest and most popular European business, shopping, recreational/leisure and cultural center" in the country.

With the latest initiative is to convert BTC City into "a genuine Bitcoin City," the company claims that the new entity is:

The first of its kind in the world to provide its visitors, consumers and business partners with an ecosystem that will develop and integrate advanced technologies based on state-of-the-art approaches (blockchain, AI, VR [Virtual reality], AR [Augmented reality], ML [Machine Learning] and the world of cryptocurrencies).

BTC company believes that "Bitcoin City will create an open society which will enable users to pursue their missions as well as develop their business environments in line with their wishes, needs, and operating policies."

According to the plan posted on BTC City's website, Eligma's Elipay is already installed in a number of stores within the city such as Atlantis water park, Al Capone, Babadu, Bijoux modni dodatki, Big Bang, istyle, Vodno mesto San Martino, Sneakers, Minicity, and Kibuba. There are also some one-way cryptocurrency ATMs on the premises, as well as a Blockchain Think Tank and the "biggest crypto mining rig in Slovenia."

BTC company emphasized:

The development of BTC City into a Bitcoin City is an important step towards the realisation of BTC's openness-oriented strategy, providing its customers and business partners with freedom and choice regarding their purchases with new forms of payment.

What do you think of BTC City turning into a Bitcoin City? Let us know in the comments section below. Images courtesy of Shutterstock, Total Slovenia News, Wikipedia, Eligma, and BTC company. Need to calculate your bitcoin holdings? Check our tools section.

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

06/04/2018 / 07:20:44 Source: bitcoin.com

BTC
1 BTC=$3,187.28
XRP
1 XRP=$0.2842
ETH
1 ETH=$82.96
XUC
1 XUC=$2.15
EOS
1 EOS=$1.79
BCH
1 BCH=$77.55

News Feed 50

Ccn Neutral - Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire read more.
12/14/2018 / 21:10:39
Bitcoinist Neutral - 25% of Pantera Capital ICO Projects May Have to Refund Investors read more.
12/14/2018 / 21:00:13
Cointelegraph Neutral - European Parliament Calls for Increased Blockchain Adoption in Trade read more.
12/14/2018 / 20:58:00
Bitcoin.Com Neutral - SEC Chair ‘Optimistic’ DLT and Crypto Will Drive Investment Opportunities read more.
12/14/2018 / 20:55:37
Ethnews.Com Neutral - European Parliament Looks To Blockchain Adoption In Trade Policies read more.
12/14/2018 / 20:16:49
Cointelegraph Neutral - #Bitcoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 14 read more.
12/14/2018 / 20:05:00
Ccn Neutral - Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products read more.
12/14/2018 / 20:03:47
Cryptoglobe Neutral - Crypto Exchange Binance Expands Its Startup Incubator to New Cities read more.
12/14/2018 / 20:00:46
Newsbtc Neutral - Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt read more.
12/14/2018 / 20:00:42
Themerkle Neutral - Dogecoin Price Remains at $0.002 as Market Cap top 20 Looms read more.
12/14/2018 / 19:49:38
Ccn Neutral - Bahrain Central Bank Publishes Draft Cryptocurrency Regulations read more.
12/14/2018 / 19:25:21
Cryptoglobe Neutral - Russian Deputy PM Says Crypto Price Downturns Justifies Cautious Regulation read more.
12/14/2018 / 19:00:00
Ethnews.Com Positive - 0x Announces Token Grant Program Within The Snowstorm Of Crypto Winter read more.
12/14/2018 / 18:47:51
Bitcoinmagazine Neutral - Op Ed: Bitcoin Is a Declaration of Our Monetary Independence read more.
12/14/2018 / 18:43:26
Cryptoinsider Neutral - Part 2: Ethereum vs NEO – Which blockchain has better scalability and security? read more.
12/14/2018 / 18:43:14
Cryptopotato Neutral - Confirmed: Bakkt Futures to Launch on January 24, Presents Milestones Ahead read more.
12/14/2018 / 18:41:14
Ccn Neutral - Binance Adds USDC Trading Pairs – Stellar and Ripple Represented read more.
12/14/2018 / 18:40:14
Newsbtc Neutral - Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge read more.
12/14/2018 / 18:30:15
Cointelegraph Neutral - Brazilian Premier League Soccer Club Launches Crypto 'Fan Tokens' read more.
12/14/2018 / 18:30:00
Coindesk Positive - This Binance-Backed Crypto Startup Wants to Anonymize Everything read more.
12/14/2018 / 18:00:26
Bitcoin.Com Neutral - U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam read more.
12/14/2018 / 18:00:13
Cryptoglobe Neutral - Circle CEO: Cryptographic Tokens Will Represent Every Form of Financial Asset read more.
12/14/2018 / 17:50:55
Coinspeaker Neutral - Russian Data and Mining Centre Redstone to Start Operations in June 2019 read more.
12/14/2018 / 17:42:59
Trustnodes Neutral - Ethereum Reaches 50 Million Unique Addresses read more.
12/14/2018 / 17:41:27
Ccn Neutral - Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers read more.
12/14/2018 / 17:37:11
Cryptoglobe Negative - Bitcoin Hits 15-Month Low as Crypto Market Threatens to Drop Below $100 Billion read more.
12/14/2018 / 17:30:41
Coinspeaker Neutral - Blockchain-Based Asset Management Platform Membrana Announces Token Sale Event read more.
12/14/2018 / 17:30:22
Cointelegraph Neutral - Bahrain’s Central Bank Publishes Draft Regulations on Crypto Assets read more.
12/14/2018 / 17:15:00
Coinspeaker Neutral - Decentralized Financial Service Platform WORBLI Launches Token ShareDrop Event read more.
12/14/2018 / 17:14:24
Coinnounce Neutral - Do We Really Want To Tokenize Everything? And Can We? read more.
12/14/2018 / 17:05:48
Cryptoglobe Neutral - US Government Advises Bitcoin Bomb Threat Victims to Ignore Ransom, Inform the FBI read more.
12/14/2018 / 17:00:36
Newsbtc Neutral - CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality read more.
12/14/2018 / 17:00:27
Bitcoinist Neutral - To The Moon! Bitcoin Space Travel Gets Closer As Virgin Galactic Takes Flight read more.
12/14/2018 / 17:00:13
Coinnounce Negative - Bitcoin Cash falling to 0? Is BCH worthless? read more.
12/14/2018 / 16:53:37
Ccn Neutral - Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018 read more.
12/14/2018 / 16:37:02
Coindesk Neutral - Ethereum Chat Startup Status Lays Off 25% of Staff read more.
12/14/2018 / 16:20:53
Cryptonewsreview Neutral - Whatever happened to Burger King’s own official cryptocurrency? read more.
12/14/2018 / 16:09:34
Bitcoin.Com Negative - Markets Update: Bears Continue to Drag Cryptocurrency Prices Down read more.
12/14/2018 / 16:00:09
Cryptoglobe Neutral - WallCoin: US Lawmaker Recommends Using Cryptocurrency to Fund Trump's Mexico Border Wall read more.
12/14/2018 / 16:00:00
Newsbtc Neutral - Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure read more.
12/14/2018 / 15:45:12
Blokt Neutral - Ripples’ XRP Trades Near Bottom of Range – New 2018 Low Upcoming? read more.
12/14/2018 / 15:39:46
Cryptoglobe Neutral - #Ethereum (ETH) Price Analysis – December 14 read more.
12/14/2018 / 15:30:00
Cryptoglobe Neutral - #Bitcoin (BTC) Price Analysis – December 14 read more.
12/14/2018 / 15:30:00
Ccn Neutral - Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform read more.
12/14/2018 / 15:23:44
Trustnodes Neutral - Bitcoin Cash Falls Below Ethereum’s Price for the First Time, is This the End For BCH? read more.
12/14/2018 / 15:22:40
Cointelegraph Neutral - US Credit Union Blockchain Consortium Joins R3's Global Ecosystem read more.
12/14/2018 / 15:22:00
Blokt Neutral - Bitcoin [BTC] Breaks Below Key Support Level Creating New 2018 Low read more.
12/14/2018 / 15:14:13
Coindesk Neutral - EU Parliament Calls for Action on Blockchain Adoption in Trade read more.
12/14/2018 / 15:00:59
Coinspeaker Neutral - TransferGo’s Series B Funding Round Acquires $17.6 Million read more.
12/14/2018 / 14:53:31
Blokt Neutral - Ripple’s VP of Product Management Talks About XRP Price, Blockchain, xRapid, and More With PCMag read more.
12/14/2018 / 14:49:22
Negative
4.4%
Neutral
94.3%
Positive
1.0%
Mixed
0.2%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.