Bitcoin, which is at the cutting edge of crypto-currency technology, presents another opportunity for Thomson Wilks to continue innovating. Bitcoin adoption has been growing rapidly and is receiving global acceptance. High profile companies such as Dell, Expedia and Takealot.com are accepting payment in bitcoin.
"Strategically, as the first and only law firm in South Africa to accept bitcoin, Thomson Wilks has immediately established a captive client base made up of all businesses and individuals wanting to pay their legal bills in bitcoin. The digital currency revolution has arrived in South Africa. It has been fascinating to watch as its users grow exponentially," says Stephen Thomson, managing partner at Thomson Wilks.
"We searched for the right partner for several months before we found Voomar, a local bitcoin company which was able to quickly tailor a solution for us to accept payment in bitcoin and to invest bitcoin payments into a managed bitcoin investment account. Through Voomar we can either hold and invest in bitcoin or convert it into rands."
Alexis Boshoff, CEO of Voomar, says his company is delighted to partner with Thomson Wilks. "Bitcoin will become as significant to business as the internet. Partnerships such as the one Voomar has established with Thomson Wilks will help to increase acceptance of bitcoin as an alternative and efficient payment instrument in South Africa."
