Distriator: Spend HBD, and receive cashback.

Distriator: Spend HBD, and receive cashback.

When it come to business to accept the crypto, the most common challenge is the volatility of the crypto. How advanced and mature is crypto has become, but still trade values are defined in terms of USD, not in terms of Bitcoins or Satoshi. So the Bitcoin amount of trade will vary but USD value of trade will remain constant. So any crypto whose USD value remains constant can be leveraged to do the trade and thankfully we have this option also if we use stable coins. If you assert that there are so many business and commerce accepting mainstream crypto like BTC, ETH ,and LTC etc then I will request to look deeper, as price in BTC, ETH and LTC is keep on changing while USD price remain constant. Also those business do not "hold" crypto, they use an exchange or swap service that accepts crypto and provides the USD to businesses.

Source

Business problems of volatility can be easily handled by using stablecoin, and HBD seems to be a very good fit as it is not only stable but very easy to use with human-readable wallet names and there are no transaction fees in using it. If business want to integrate crypto in their platform they should definitely think of HBD and Distriator

How Distriator can help business.

Distriator provides an interface for businesses and users to interact or know each other. Since businesses can list themselves in the Distriator, that will give them visiblity. On the other hand, Distriator rewards the users to claim cashback if they have use HBD for shopping on specific stores. Since customers can claim cashback, they are incentivized to use HBD and it will attract more customer which in turn will give more exposure to business. To claim cashback, customer need to share 2 snaps of business or items in Hive. So it becomes more exposure to Distriator and business also. One more interesting feature is that businesses also have access to Invoice generating app that can generate invoice for amount spent in Hive, HBD and even Satoshi(Bitcoins).

I recently learned about them and if you like to learn more about them, then please follow @thedistriator account and look for the post tags of #distriator and #spendhbd to read about the user-generated content on them. We also have "SpendHBD" community in Hive and joining the community posts will also keep you updated

Currently, I see Venezuela and Nigeria are in the top for using Distriator and it is really nice to see that they are getting traction and have user base but still there 10000x potential is still untapped. When I checked the listing, there were only 2 listings from my country, which can be taken as positive as Distriator is able to onboard business from my country but an insignificant number and that's why I am saying that it has so much potential.

I will like to use this service but unfortunately the businesses accepting HBD are snacking restaurant and almost close to 1000 Kms from my home city.
I hope more adoption took place and one day I am able to use and claim HBD cashback in my hometown.

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