For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopters through blockchain payments.
Cosmose AI, a nine-year-old company that uses AI analytics to track in-store foot traffic and engage with shoppers online, is partnering with Near, one of the blockchain protocols competing with Ethereum. The pair are building a payment system that allows users to shop with crypto at low transaction fees, saving money for both buyers and sellers.
As part of the partnership, Near Foundation, the non-profit arm of Near suppor...