Advertisement
Categories: Business Centre

Homegrown Decor Brand The Rug Republic Now Accepts Cryptocurrencies

Even as the market is ridden with uncertainties about cryptocurrencies, many corporates and start-ups have taken a step forward and embraced this new asset class for transactions.

Raghav Gupta, Director, The Rug Republic

Homegrown Decor Brand The Rug Republic recently announced their decision to accept all major cryptocurrencies for their orders within India. The Brand, with presence in over 90 countries and 6 continents, is the only Indian floor fashion brand with global recycled standard certificate. In fact, TRR also uses recycled denim, cotton, silk and even plastic bottles in their products.

Advertisement

Raghav Gupta, Director, TRR, says, “The blockchain is a great piece of technology that will undoubtedly change the face of transactions as we know them. A new age where middlemen can be cut out and benefits can be reaped by all instead of a select few. I believe as entrepreneurs it is not only in our best interest but also our duty to adopt new tech that can solve very key issues in our current ways.”

The Rug Republic is the only Indian floor fashion brand with the global recycled standard certificate.

In spite of the concerns and controversies around cryptos, Gupta allays all doubts by saying that it is a misconception that crypto transactions cannot be tracked in any way. “It is easily verifiable on the blockchain, as opposed to the incredibly difficult ways money can be hidden in the real world. As we have seen with so many people – Panama papers . Our invoices clearly mention that money was taken in x currency on this date at this price. Everything is absolutely above board,” says Gupta.

Like any other revolution, this crypto revolution too will only be successful as and when more and more people adopt it. With that in mind, we at The Rug Republic are proud to take part in this great journey towards a more connected future.”

Advertisement
written by.

Recent Posts

From the Ambani wedding to Mumbai ceilings and Ahmedabad homes: Priyanka Thaker’s art knows no limits

From the murals at the Ambani wedding to the Mediterranean-inspired retreat by Studio Dashline and…

April 4, 2025

Return of the Sunken Courtyard—House & Beyond revive this classic architectural element in a contemporary Gurugram home

Once a hallmark of traditional Indian homes, the sunken courtyard is slowly yet steadily making…

April 4, 2025

VAL Atelier’s Hyderabad home strikes the balance between concrete and calm

A home is more than just walls and a roof; it’s a sanctuary where life…

April 4, 2025

When the Gateway of India became the perfectly imperfect runway for Vivienne Westwood’s creations

On the night of 1 April, Mumbai revealed her rebellious, punk-inspired side as Vivienne Westwood…

April 2, 2025

Temporal synthesis: The adaptive reuse of a K-12 institution in Rajasthan

The architectural landscape of Rajasthan is steeped in a rich tradition of historic masonry, reflecting…

April 2, 2025

Breaking Out of the Box—This Bengaluru office by AD Studio 9 breathes with nature

Are you a corporate employee spending 10+ hours in an ordinary cubicle that's fused in…

March 31, 2025