Hemp Beer partners with Beerchain Technologies to deliver beer cryptocurrency

Hemp Beer Inc., a subsidiary of Net Savings Link, has partnered with Beerchain Technology, to deliver blockchain solutions to the Chinese and U.S. beer markets. Beerchain encodes beer bottle caps to allow consumers to mine Beercoin. Customers receive Beercoins for each bottle of beer they purchase, according to a press release.

Customers can trade, save or use Beercoin to purchase beer. Hemp Beer plans to use this platform to market its Hemp Beer product in U.S. and China.

"We are excited about working with NSAV and, with their assistance, looking forward to expanding the market for our beer-based cryptocurrency globally. We are especially thrilled about entering the Chinese beer market, as it is the fastest growing market worldwide and we are anticipating the highest rate of adoption of cryptocurrencies in China," Beerchain Technology CEO Tobias Meyer said in the release.

Topics: Blockchain, Convertible Virtual Currencies, Cryptocurrency, POS, Retail

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