MAC to use XinFin’s XDC and XDCE for Payments
MAC Material Acquisition Co, a Michigan based supplier of new and used manufacturing equipment for manufacturing plants and data destruction companies, has announced that they will begin using XinFin’s XDC and XDCE tokens for instant settlement for their equipment and resins.
With the rapid growth of cryptocurrency around the world, including the United States, MAC is positioning themselves to take the lead in crypto-based payments.
“As the world’s economy is quickly adopting cryptocurrency and enjoying its benefits, MAC Material Acquisition Co is ready for its adoption. We are positioned to take the lead in the Americas, Europe and Asia in sourcing and marketing of Manufacturing equipment, Plastic Resins and Data Destruction equipment utilizing this new form of payment. Our clients also have the advantage to use XDCE and XDC for payment”, said Kevin McDunnough, owner of MAC.
Owners Kevin and Lynn McDunnough are extremely confident in the potential of crypto-based payments, making strong preparations for its wide adoption.
“We have on staff a Cyber Computer Security Specialist with knowledge of blockchain, cryptocurrencies, ERC20 tokens, hard wallets as well as Centralized and Decentralized exchanges,” says Lynn.
“Mac Materials is just more evidence that this is the direction the world of finance is going”, says Chris Neill, XinFin’s Head of American Development, “You’re hearing more and more about banks, financial institutions and even some governments utilizing crypto-based payments. It was only a matter of time before local businesses starting using them as well and we’re starting to see it happen more and more here in the United States.”
Atul Khekade, XinFin’s Head of Ecosystem Development states, “We had high hopes when we decided to enter the American market and are very excited to have found a supplier like Mac Materials. This is a big development for both XinFin and Mac Materials because not many cryptocurrencies have vendors using their tokens for payments, especially in America.”
MAC will be the first United States based company to use XinFin’s XDC and XDCE tokens for business settlement and are also looking into XinFin’s signature trade and finance platform, TradeFinex. XDC and XDCE based payments are expected to begin in August 2018.
For more information, please visit their website at www.macmaterials.com
