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Buffalo Market Launches First “Pay With Crypto” For Wholesale Food & Beverage Industry

Modern food distributor and logistics platform Buffalo Market  launched the first pay-with-crypto for the wholesale food and beverage industry. While growing numbers of companies have begun to accept digital currencies as a form of payment, Buffalo Market is the first to take an asset class that major financial institutions shunned until recently closer to mainstream use.

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Adding crypto options is about more than expanding payment options; it’s about improving food quality in the USA,” said Adam Olejniczak, CEO at Buffalo Market. “Helping vendors and suppliers move to blockchain solutions is key to the transformation of distribution to a more transparent, efficient industry that benefits all parties involved: consumers, suppliers, vendors and distributors.”

Buffalo Market’s mission is to improve a US food ecosystem known for waste and lack of transparency. “We are excited about the underlying capabilities of blockchain to bring trust and authenticity, key components of a marketplace, to the wholesale space”, added Co-Founder Sean Howell who leads blockchain initiatives for Buffalo Market. “While other e-commerce have added crypto checkout options to consumer purchases, we’re putting blockchain and crypto at the forefront of our B2B platform, a key step in moving the supply chain onto blockchain and bringing tangible use cases to the enterprise level.”

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