In another sign that Bitcoin awareness is spreading in the Middle East, Abu-Dhabi now has its first restaurant accepting the digital currency.
The restaurant, which serves healthy and gluten free specialties, is called Skinny Genie and can be found in the Masdar district of the United-Arab-Emirates’ capital city, Abu-Dhabi.
Business acceptance across the region has been slow to pick up, mainly due to lack of media attention and knowledge of bitcoin's benefits among merchants, but that may be slowly changing in 2018. The first payment in an F&B outlet in Abu Dhabi took place at Skinny Genie.
But how do you order food using Bitcoins?
To begin with, the customer would need to have an android device and own a bitcoin wallet. In order to have bitcoins in his wallet, the client can simply buy some in any of the online cryptocurrency exchanges. Once purchased, the amount of bitcoins the client owns is deposited in his wallet, on his device. As a merchant, Skinny Genie also owns a bitcoin wallet and can convert AED into bitcoins.
When the customer orders one of Skinny Genie’s gluten free meals, the cashier issues a ‘QR’ code which the customer scans and then transfers equivalent bitcoins from his wallet into the skinny genie’s wallet. The transaction is instant, so it saves a lot of time. Welcome to the future of easy payment, almost beating the contactless credit card transactions.
The advantages of bitcoins have seen a gradual rise in the number of its users worldwide with the major increase in its value around December 2017.
Skinny Genie believes life is a balance. Everybody needs the right mix of food and nutrition, mind and relaxation, and exercise and fitness.
The cafe is open daily from 8 am to 11 pm (9 am to 11.30 pm on Fridays and Saturdays). Skinny Genie delivers from 8 am to 11 pm on weekdays, and 11 am to 11:30 pm during the weekends (orders via what’s app or phone at 800 754 669 and payment available by cash, credit card and cryptocurrency).
SKINNY GENIE | Masdar City, Abu Dhabi, close to the entrance 3 of SIEMENS building | +971 2 55 558 97