Various merchants have jumped on board the Bitcoin bandwagon in the past few years, which at first, led to great success in terms of sales. However, it seems like Bitcoin purchases are becoming less and less frequent in numerous cases. Even gift card platform Gyft has seen a decline in Bitcoin revenue and a surprising uptrend in credit card transaction volume.
Blockchain technology allows us to accomplish many great things, and we have only just started to discover the tip of the iceberg of its full potential. As we discover these new use cases for the blockchain, our society can evolve towards a more digital form, which is a situation we have been in for some years now. Gyft.com, one of the leading fit card platforms, has involved blockchain-powered gift cards.