News of the day: coffee beans for bitcoins, Bitfury investments

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Diamond-backed tokens; coffee company pays bitcoin to farmers; Bitfury investments in an investment company specializing in crypto.

Rosetta Coffee and bitcoin payments

Rosetta Coffee, a specialized coffee company located in Lynchburg, USA, announced that it will soon be using cryptocurrency as a payment option. On the client side of the business, transactions will go through the Elite e-Commerce platform. With this step, the online store will be able to accept BCH, BTC, BCD, DASH, ETH, LTC and XZC.

Rosetta Coffee stressed that farmers will also benefit directly from the new process as part of their commitment to selling coffee in open markets. Aaron Skin, co-founder of Rosetta Coffee explained:

Cryptocurrency allows them to receive payments directly and immediately, without paying an intermediary. They will be able to get more from what they earn now. We think it's amazing, and it's directly related to our mission. In the coming weeks and months, we will work with farmers to smooth this process and make it more accessible.

Token from Hello Diamonds, provided by diamonds

The company Hello Diamonds, owned by the Cyprus group Hello Group, which acquired the domain Bitcoincash.io earlier this year, is developing a new token secured with physical diamonds.

The company showed that "Diamcoin", which is planned to be launched in the first quarter of 2019, will be based on the Protocol of smart contracts of the Bitcoin Cash network. The developers explained this choice as follows:

The Bitcoin Cash network allows for fast and cheap transactions, and this is fundamental to our goals.  We firmly believe that smart contracts for Bitcoin Cash will be the best choice for Hello Diamonds, and we strive to scale and create the world's most used stablecoin.

The token will use the Wormhole Protocol, which creates a WHC "second layer" on top of the BCH network, what Hello Diamonds called "a much better solution than using Ethereum."

Bitfury invests in crypto Fund

Company Bitfury is a manufacturer of equipment for mining of San Francisco, which recently completed a round of financing, bringing $ 80 million, announced new private investment.

Bitfury acquired an undisclosed but "significant minority stake in Final Frontier", a specialized investment firm from the Zug valley in Switzerland working with cryptocurrency. The move is reportedly designed to help Bitfury develop financial products and institutional services for professional investors.

Valery Vavilov, CEO of Bitfury, said:

It is an innovative partnership between a blockchain technology firm and an experienced team from traditional Finance.

"With the institutionalization of the blockchain sector, we believe this is an important step forward for the entire ecosystem, and our own mission will become the world's leading full-cycle blockchain company," Vavilov added.

Link to the source of information (Russian) - https://altstake.io/news/novosti-dnya-zerna-kofeza-bitkoiny-investicii-bitfury