Sadly, real-world usecases for cryptocurrency have been lacking, or at least far behind the online implementations. The new pilot site called “Bitcoin City” aims to prove once and for all, that cryptocurrencies can be used in a large-scale business and entertainment applications.
The site is located in Ljubljana, Slovenia and is a commerce complex with a waterpark, a cineplex, a casino, hotels, more than 70 bars and restaurants and shopping for over 10,000 brands of clothes and goods. All this business and entertainment opportunities crammed into one big complex is a perfect place to test mainstream crypto adoption. It's estimated, that annual visitor count will exceed 21 million with more than 4,000 businesses gathered under one roof.
The whole project is powered by an AI- and blockchain-based cognitive commerce platform Eligma. The Slovenian AI developers has created a blockchain payment solution EliPay and now are testing it at the “Bitcoin City”. As part of the whole process, vendors will be equipped with EliPay cryptocurrency transaction terminals, and customers will be able to use a mobile app, for now for iOS, with a release on Android in near future. Right now the app supports Bitcoin and Bitcoin Cash, with more cryptocurrencies coming along. Also, the app will be part of a unified loyalty program for the whole “Bitcoin City”.