As a technology centered medical group, Aveon Health recognizes the benefits of using Bitcoin virtual currency. Bitcoin is a software-based online payment system that utilizes a shared public ledger of all transactions.
Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call Bitcoin a decentralized virtual currency.
Users can send and receive Bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.
Bitcoin as a form of payment for products and services has seen growth, and merchants have an incentive to accept the digital currency because fees are lower than the 2–3% typically imposed by credit card processors.
Of the millions of merchants currently accepting Bitcoin, you may recognize a few names:
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