In this article about 10 companies and businesses that accept ethereum, you will find the answers to what ethereum is, which companies accept digital currencies like bitcoin and litecoin, and (most importantly for some) if anything can be purchased on Amazon with them.
So, who accepts ethereum as payment? Firstly, for the sake of all the readers out there, we feel the need to make the matters clear. There are two types of readers of this article: those that are ethereum conscious and have already read our article on companies that accept bitcoin, and those that simply clicked on the title out of curiosity (we all know ether as a compound, don’t we). The latter are in for a big surprise, because ethereum is actually a digital cryptocurrency, similar to its predecessor, bitcoin. Litecoin? Yes, you didn’t mishear, that exists, too. If you wonder who accepts litecoin, these would be eGifter, Benz, and Beamer. As a matter of fact, Holy Transaction informs us Tesla Model P85 was purchased for 5,447 litecoins; i.e.$90,000. Did you know that Subway accepts bitcoin as a payment option, as well? As of May 2017, Subway franchise went global.
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If you haven’t noticed, our world is increasingly becoming more digital, so it is a natural course of action that we have begun to make our payments in digital, intangible currencies. Should you wonder what the reason behind all this is, the answer takes you back at the beginning. The answer is money or profits. To put it in a nutshell, one of the biggest advantages of digital currencies is that the number of mediators is lower, and the corruption possibilities are pretty low since this is not a centralized system. The transactions should be more effective and secure. You can always count on the big players to invent new methods of saving their capital, so the digital currencies came as the perfect answer to their prayers. That is why the number of companies that accept ethereum is steadily increasing, and according to some experts, it is only a matter of time when it will take over bitcoin in the race.
When talking about businesses and merchants accepting ethereum, Fortune gave a pretty good explanation of some of the digital currency’s virtues, i.e. the blockchains both ethereum and bitcoin are made of. For instance, the largest shipping company, Maersk, used cryptographic signatures to successfully track its cargo. Also, contracts are going to be safer to sign, i.e. they will evolve into smart contracts. As you can see, the list of potential uses goes on and on, so let us see which companies are already using ether.
We started our search with Zerohedge, Inc and The Motley Fool, only to be lead to Enterprise Ethereum Alliance and find the whole list of its members. New contracts are being signed as you are reading this, and the latest names which joined the ethereum community are more than impressive. Does Amazon accept bitcoin or ethereum? No, unfortunately, NewsBTC reports this company is still saying no to the digital currencies, even though every now and then there are rumors and some bombastic headlines about them joining. The answer to the question does eBay accept bitcoin payment will be “no“, as well. Still, don’t lose hope. If Bill Gates believes in ethereum, why wouldn’t you?
Enterprise Ethereum Alliance connects 500 companies, and we have chosen some of the most well-known for our 10 companies and businesses that accept ethereum. The names are given in random order.
10. Microsoft
Microsoft decided to join the Enterprise Ethereum Alliance members in 2017, and the forecast is the crowd is only going to get bigger with such a serious player in the game. Bill Gates’s company is known for being innovative, and if they are turning to digital currencies, we should all probably give it some serious thought, too.
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9. Intel
Intel is 14th on Forbes’s list of the world’s most valuable brands. It is estimated to be worth $31.4 billion. To secure the position and fight the competition, the company started using ethereum as one of the currencies.
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8. Mastercard
For all those skeptics out there who thought ethereum isn’t a real and reliable currency, here’s a synonym for payments. It is still unclear when exactly we will be able to pay our bills using a Mastercard with ethers, but at least they’re thinking about it.
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7. Cisco Systems Inc
At number 7 on our list of companies and businesses that accept ethereum we have Cisco Systems is an American multinational technology conglomerate. If you ask us about what Cisco products are, we would just have to show you their website. They have “everything”, from routers to software.
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6. Samsung SDS
Samsung SDS is a subsidiary of its popular namesake. It doesn’t strictly deal with phones or electric equipment per se, but it provides global software solutions and IT services.
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5. Toyota
Supposedly you have had enough of IT companies in our list of 10 companies and businesses that accept ethereum, so here is a car manufacturer. Recently, Trustnodes reported on a high-tech car prototype that will be shared or rented, while the payments will be made with ethereum.
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4. Credit Suisse
Credit Suisse is a global bank based in Switzerland. Their rival UBS also joined in the ethereum craze, as said by Finews. Swiss banks investing into a new currency is more than an interesting fact.
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3. Scotiabank
The bank of Nova Scotia is the living proof; not even Canada is immune to the new investments and lucrative options.
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2. Brave Browser
Perhaps you are already a user of Brave Browser, a company that stops those annoying pop-ups from appearing in the middle of your search. Now you can pay for their service using ethereum, not dollars.
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1. Antibiotic Research UK (ANTRUK)
The very last company to end our list of 10 companies and businesses that accept ethereum is Antibiotic Research from the UK. In a way, we saved the best for last, since this is actually a British charity devoted to finding new antibiotics against resistant bacteria. From now on, you can donate in ethereum.
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