We all know that most business firms do not accept cryptocurrencies as an option of payment due to its unstable nature, so this poses a great challenge for businesses around the globe. A health care centre, IMP health care located in Seoul has however decided to offer medical services to customers who pay using cryptocurrencies.
The hospital which is located at the Lotte world tower, decided to take this up even though there are a handful of opportunities to spend cryptocurrencies With, in the country.
However, a good number of citizens in South Korea owns a good number of crypto coins in their portfolio but does not have so many real use case where they can spend the coin due to the fear of companies listing it as a method of payment as it mostly poses its unstable Nature to the crypto market.
Although their decision does not include the use of these top coins like BTC, LTC, ETH or other established coins, rather they will only accept Life Care Global Coins(LCGC) which can be purchased on coingenes exchange. This can go a long way to help users own their own electronic wallet and turning South Korea into a cashless community. This improvement however do not mean that the use of real money has been eliminated from the system, real cash are still accepted too.