Guldencoin takes over Dutch markets

Guldencoin, an Amsterdam-based cryptocurrency, has gained widespread following among Dutch businesses. Launched in April 2014, the currency has gained a large following in the Dutch markets and ranks 69th in the world in terms of capitalization, according to coinmarket cap.

To accept Guldencoin, users have to create a digital currency platform called 'LitePaid account' that enables them to choose which cryptocurrency to accept. The platform sends an automated email to confirm acceptance.

The popularity of Guldencoin is expected to rise even more with the recent launch of an online platform, nocks.nl, which facilitates the use of Guldencoin wherever bitcoin is accepted. Nocks was started by entrepreneurs Roel Buerra and Patrick Kivits.

"We're planning to launch and announce it in a week or two," said Buerra. "That way, Guldencoin's merchants such as the Subway restaurants, Coffee Central and the 80 other (and growing) merchants can receive bitcoin users without having to actually accept bitcoin in their place. This way, we make life easier for both users and entrepreneurs, not dealing with choosing the 'right' coin but just selling what they have to offer and let users decide how they want to pay."