Bistroo, a blockchain-based peer-to–peer food platform, has announced the addition of multiple cryptocurrencies to its payment methods.

This move significantly extends the existing payment options, including fiat currency and the platform’s native BIST token. It also makes Bistroo the world’s first food ordering platform to embrace cryptocurrencies and blockchain.

The adoption of cryptocurrencies

Bistroo received over $2.3 Million in orders from more than 25,000 customers since it was launched in the early 2020. Already, Bistroo has steadily risen to the top of the Dutch market. This is the country that was home to industry titans like Takeaway Inc.

Bistroo raised over $8M in May and has been hard at work to make payments using its native BIST token. This is the backbone of the Bistroo ecosystem. The company’s collaboration with CoinPayments allowed the token holders to spend BIST at any of CoinPayments’ 100,000 merchants operating in over 200 countries worldwide.

Bistroo expands the cooperation and supports the adoption crypto. It allows its customers to send payments in five major cryptocurrencies: BTC (ETH), BNB, LTC (LTC), and BCH.

Bistroo allows food and restaurant operators to list on the platform. This allows them to rapidly expand their payment services in cryptocurrencies, while also leveraging the significant benefits of a peer-to–peer platform.

To further promote the adoption of cryptocurrencies, Bistroo temporarily doesn’t charge commission on crypto payments. Merchants get a larger share of the returns and customers receive a discount. This discount is even more prominent when they choose to pay with the platform’s native BIST Token.

Bistroo has a unique business model and is determined to make it big. Bistroo, a food ordering platform, is making the first steps towards the protocol economy. Parties can interact directly with one another. “It is vital that our users can transact in cryptocurrency.
Bas Roos is the CEO of Bistroo and co-founder.

Let’s give power back to the restaurants

Food ordering platforms have boomed in recent years, making it easy to enjoy favorite meals at home, but they’ve also made it difficult for restaurants to sustain their business.

Today’s platforms impose high fees on food merchants while controlling all data and payouts and taking over customer relationships and loyalty. The model ultimately leads to increased costs for both consumers and restaurants.

Bistroo seeks to restore power to the food industry by eliminating intermediaries in transactions and providing all necessary tools to help grow sustainable businesses.

Blockchain technology makes it easier to establish direct connections between customers and merchants. This gives them more control and transparency in order to ensure loyalty.

Bistroo is a peer to-peer platform for customers and food service operators that allows them to connect instead of controlling each other. It gives restaurant owners control of their websites and allows them to manage their orders, payments and promotions.

Bistroo customers can establish direct relationships with favorite merchants. This allows customers to use their data and gain insight into how they shop. Consumers can share their habits to receive food suggestions and rewards, or they can keep their information private.

Bistroo’s ultimate goal is to become a global leader in PaaS e-commerce technology for restaurants and food shops. Bistroo.com will be the platform that allows specialty food stores and restaurants around the world to directly sell their products to customers.

Flipside

• Online food delivery revenue is expected to grow at 9.89% annually by 2021, reaching $302,826 millions. The use of blockchain and cryptocurrency in the food business opens up more possibilities for widespread adoption. Blockchain technology could eliminate the need for middlemen in order to bring greater transparency, lower prices and better quality food delivery.

Why you should care

Attracting and maintaining a customer base in such a competitive marketplace is difficult.

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