Scottish construction firm Orocco has revealed it is to accept cryptocurrency as payment for projects, as it continues its quest to stay on the bleeding edge of innovation.
With this move, the Edinburgh-based firm has become the first construction company in the UK to adopt the novel payment solution.
Orocco has set up a digital wallet to accept Dogecoin, Bitcoin, Ethereum, Stellar, and XRP as settlements for completed projects.
Managing director Mark Ivinson said: “With digital currencies becoming increasingly popular, it’s something I have been thinking about for a while.
“I have spent some time researching what we could provide, and I’m delighted we’ll now have this fast, safe, and secure service as part of our offering to clients.”
Ivinson added: “There has been a lot of discussions recently about cryptocurrency. It is something I wanted to have as a payment option for clients, and it will be a seamless process from start to finish for anyone using this method of paying.
“We’re a very innovative company, and this is another example of us always looking to take the firm forward and move the business with the times.”
Image: Orocco managing directors Mark Ivinson (L) and Jonny Blurton (R)