BUILD.COM TO OFFER TNC TOKEN AS A PAYMENT OPTION
The TNC Token is a cryptocurrency designed to be used as digital currency to pay for transactions and services in the travel industry. It is powered by the TravelChain blockchain and is offered on multiple exchanges throughout the world, including Binance, HitBTC, BitForex and many more. The token is currently trading at $0.20 USD per TNC (May 15th, 2018).
Build.com is a website that allows consumers to purchase building materials online for their home improvement projects. It was founded in 2000 and has been steadily growing since its inception. The company offers more than five million products from hundreds of manufacturers and ships them anywhere in the United States. With over six million monthly visitors, Build.com has become one of the leading e-commerce websites in the building material industry.
“We are extremely excited to have Build.com as an early adopter of our technology,” said David Chin, CEO of TNC Group Limited, “This partnership is yet another step towards our vision of creating a global platform that connects travel suppliers and service providers with travelers worldwide.”
Build.com will offer TNC token as a payment option to its over 400,000 monthly customers. The partnership was announced by Build.com earlier this month on their social media channels. Build.com is the largest independent online home improvement site, which brings together a wide selection of products at competitive prices with superior customer service.
The partnership will allow Build.com customers to pay for their purchases using TNC tokens in addition to the other payment methods currently available on the website. At the same time, this partnership opens up an opportunity for TNC token holders to purchase products such as home improvement equipment, kitchenware and bathroom fixtures from Build.com’s portfolio of over 600 leading brands via the TNC token payment gateway.
This collaboration marks yet another major milestone in TNC Group’s quest to integrate blockchain technologies into mainstream business operations and create a truly interoperable ecosystem that delivers unparalleled value for its customers around the world.
Build.com, one of the leading online home improvement retailers, has announced that it will be offering TNC Tokens as a payment option and will also be participating in the TNC Blockchain Alliance.
The company is based in Chico California and has been selling products online since 1999. It currently has over 3 million product SKUs from around 500 suppliers.
Build.com is not just limited to selling hardware online, it also offers a variety of services such as product research, product comparison, project guides, design trends, home tours and product reviews.
The TNC Blockchain Alliance was launched in May this year with the aim of promoting and supporting the use of blockchain technology in the retail industry. By joining the alliance, Build.com hopes to take advantage of what blockchain can offer to better serve its customers.
By using blockchain to assist with its supply chain management, Build.com will be able to provide new value-added services such as tracking shipments from supplier warehouses to their final destinations. This will improve transparency for customers and allow them to see which warehouse their order is at any time during shipping.
Build.com, a leading home improvement e-commerce company that offers over 700 brands of products for the home, has announced the addition of TNC token as a payment option. This is another huge advancement for TNC Coin as it strives to become the standard for e-commerce.
Including TNC Coin as a payment option on Build.com is an important milestone in our mission to make buying and selling online easier and more secure for everyone. We’re proud to team up with Build.com to help provide their customers with additional payment flexibility while increasing their purchasing power,” said Michael O’Rourke, Chief Operating Officer at TNC Coin Inc. “Utilizing blockchain technology will allow Build.com to process customer payments more quickly and securely than ever before.”
Build.com is part of the Build Group LLC family of websites that collectively drive over one million visits per day and generate annual revenues of over $1 billion dollars. The addition of the TNC token as a payment option on all seven sites significantly expands the global merchant network to include one of the largest distributors of home improvement products in North America.
“We are excited to partner with TNC Coin Inc., who shares our vision for innovation and bringing new technologies into the home improvement industry,” said Jeremy
TNC (Token of Network Connection) is the native cryptocurrency of TNC IT Group. The token will be used as a payment method to access its ecosystem of products and services, including: blockchain-based secure network solutions, secure enterprise-grade communications, and digital asset exchange. In addition to TNC IT Group’s portfolio, the token is accepted by Build.com, an online home improvement retailer that has over $2.5 billion in annual sales.
Build.com will accept TNC for home improvement purchases on its platform. The integration is set to be completed before the end of 2018 and will make TNC one of the first cryptocurrencies to be used for purchases at large scale retailers.
TNC Group’s CEO, Mr. Alex Bazarov said: “We are thrilled to offer TNC as a payment option on Build.com platform and believe this is going to be a game changer for our company and for the whole crypto community worldwide.”
The San Francisco-based retailer has millions of customers nationwide and provides a comprehensive range of home improvement products such as plumbing supplies, lighting fixtures, faucets, appliances, doors, windows hardware and more from top brands such as Moen, Delta Faucet Company, Kohler Company and Baldwin Hardware Corporation
The TNC token will also serve as a reward for shoppers and merchants on the platform. It is basically a cryptocurrency that will be used to power the TrustNote blockchain.
What makes this partnership more interesting is the fact that Build.com is already a leading retailer of home improvement products in North America. In fact, the company has already partnered with more than 500 manufacturers.
The Theta Network (THETA) has announced that Build.com, the online home improvement retailer with annual revenue of over $1 billion USD, will accept the THETA token as a payment option starting at the end of June this year.
Build.com is one of the largest home improvement retailers in North America. It has a vast range of products with over 1 million SKUs and more than 5,000 brands including Delta Faucet Company, Kohler, Kichler Lighting, Schlage Lock Company, GE Appliances and many more.
Theta’s partnership with Build.com will allow users to pay for goods purchased using fiat or crypto; if they choose to use the cryptocurrency option, then Theta token will be the default option. The company noted that customers purchasing goods via crypto will have an incentive to purchase Theta tokens because they will get a discount on their purchase price.
Theta Labs CEO Mitch Liu commented on the news: “Home improvement and DIY are some of our most popular categories on SLIVER.tv and we see significant overlap between our core audiences of gamers & geeks and Build.com’s audience of homeowners and DIYers.”