Rumours are what keep the FinTech industry alive and active. In the midst of all the rumours, one is that of a brand-new app for food delivery that is currently in development.
Crypto Eats, maybe soon, will be happy to announce its debut sooner rather than later since it is expected to launch in the first quarter of 2022 or by the end of the fourth quarter of 2021. The decentralized food delivery application is in the development process since last year, with the intention to create a bridge between the gap between a payment system for food delivery that will allow the use of Cryptocurrencies in addition to credit card payment. The information from the sources suggests that the latest food delivery application is currently being launched in the UK with all eyes at the mysterious blockchain developer Wade Philips.
The reports regarding Wade Philips’ app in the stage of development have been floating around for a long time, with the driver claiming that he was a part of the testing process for the network in the last year.
The effects and timing of the launch could lead to a surge in demand for downloading the app by new customers who are using their Crypto Eats app as demand for websites and apps that accept cryptocurrency begin to rise with larger corporations like Paypal, AMC Theatres and Tesla accepting bitcoin and other cryptocurrencies to pay.
The time is not far when UberEats will have to give in to the demands of its customers. Can a brand new company be in a position to compete with such as Delivaroo or UberEats within the UK, or will they need to look into the possibility of allowing Cryptocurrency payment on their website in the near future instead of later? In order to keep up with the advancements of technology that allowed companies like just eat even to exist at all, It’s only time to find out.
Gargi Sinha is working as Senior Journalist at Confea. She has completed her Masters in Journalism from Delhi University. She has interest in crypto and blockchain technology.