Cryptocurrency Dash settles in Germany with the Dash Embassy DA-CH UG in Lübeck for the first time. As a contact point, Dash Embassy DA-CH wants to promote dialogue and education around the subject of cryptocurrencies and Dash in Germany, Austria and Switzerland.
They have developed a comprehensive, online and offline teaching and training program. Interested parties can then find out about the topics of blockchain technology, payment processing, organization, usage parameters and regulation.
“Dash stands for Digital Cash. We want to be usable as digital cash for the mass market – regardless of whether you are shopping daily, visiting a restaurant or booking a holiday. This only works if you reach us and understand us “,
explains Jan Heinrich Meyer, CEO and founder of Dash Embassy DA-CH.
The announcement states that Dash is the only cryptocurrency today that fulfills all the functions of cash. In addition to low fees, especially the short transaction times at the point of sale (POS) of about one second are decisive. The Dash network and its technology should therefore ensure that the coffee is still hot after paying.
Dash impresses with low fees
With fees of less than $ 0.01 per transaction, Dash also wants to be attractive to traders compared to credit cards or bank transfers. Meyer emphasizes:
“With the Dash Embassy DA-CH, we are actively seeking dialogue with dealers, regulators and financial institutions to drive the expansion of Dash acceptance points in German-speaking countries and find ways to shape the market.”
Organized as a Decentralized Autonomous Organization (DAO), Dash has the DGBB (Decentralized Governance By Blockchain), an actionable structure with its own budget that coordinates research and software development and business development for the network. The Dash Embassy DA-CH is a so-called sub-DAO, a sub-organization of the network legitimized and financed by the Dash network. She is closely linked to the Dash Core team (also a sub-DAO).
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