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Embracing Cryptocurrencies As Business Transaction - MaGIC Sarawak

Home / EVENTS

Embracing Cryptocurrencies As Business Transaction - MaGIC Sarawak

Cryptocurrency is a digital currency or asset that relies on encryption technology to transfer value over the Internet. Cryptocurrencies like Bitcoin operate independently of a banking system and can be used in many countries as a store or exchange of value like cash. The most common use of cryptocurrency is buying and selling goods and services online.Cryptocurrency represents a new way for small businesses to accept customer payments and even pay vendors or suppliers. However, cryptocurrency is relatively new and many businesses do not yet know what to think about it. To help, this session talks about the ins-and-outs of cryptocurrency, including how to accept it, the benefits and drawbacks, and the tax implications for small businesses.Learn from Reuben Yap of ZCoin in understanding to embrace cryptocurrencies as business transaction at MaGIC Sarawak @ Borneo744.Key Takeaways: Gain insight into what is cryptocurrencies Acquire ideas on how to implement cryptocurrencies in a business transaction Acquire a deep understanding of the role of cryptocurrencies in businessWho Should Attend: Aspiring entrepreneurs Startups Corporates Government agencies Small-medium enterprises Investors Community builders

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Home / EVENTS

Embracing Cryptocurrencies As Business Transaction - MaGIC Sarawak

Nov 3, 2018 12:00 AM

-

12:00 am

MaGIC Sarawak @ Borneo 744

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Cryptocurrency is a digital currency or asset that relies on encryption technology to transfer value over the Internet. Cryptocurrencies like Bitcoin operate independently of a banking system and can be used in many countries as a store or exchange of value like cash. The most common use of cryptocurrency is buying and selling goods and services online.Cryptocurrency represents a new way for small businesses to accept customer payments and even pay vendors or suppliers. However, cryptocurrency is relatively new and many businesses do not yet know what to think about it. To help, this session talks about the ins-and-outs of cryptocurrency, including how to accept it, the benefits and drawbacks, and the tax implications for small businesses.Learn from Reuben Yap of ZCoin in understanding to embrace cryptocurrencies as business transaction at MaGIC Sarawak @ Borneo744.Key Takeaways: Gain insight into what is cryptocurrencies Acquire ideas on how to implement cryptocurrencies in a business transaction Acquire a deep understanding of the role of cryptocurrencies in businessWho Should Attend: Aspiring entrepreneurs Startups Corporates Government agencies Small-medium enterprises Investors Community builders

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