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Marloe Watch Company: An Horology Expert Review

Marloe Watch Company: An Horology Expert Review
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Perthshire watch firm joins crypto revolution

A SCOTTISH watch company has revealed it is to start accepting cryptocurrency as payment for its timepieces. Perthshire-based Marloe Watch Company says consumers can now purchase any of its mechanical watches with Bitcoin, Ethereum and LiteCoin. The move comes shortly after Elon Musk announced that people could buy Tesla cars using Bitcoin, which lifted the value of the cryptocurrency to a record high last month. In a statement outlining the move, Marloe noted that it had been an early adopter of alternative finance models, having crowd-funded the launch of its first product in 2016. The business raised nearly £180,000 from the drive, eclipsing its £30,000 target, and has now launched six collections.

Local firm plans to expand by bringing watchmaking back to Scotland

© Supplied by Marloe Watch Company Oliver Goffe and Gordon Fraser. The art of watchmaking is to be brought back to Courier Country as a local firm makes plans to expand operations. While Marloe Watch Company currently design their watches in Scotland, manufacturing is outsourced. Now the firm, which is based in Perth, plans to bring the process in-house as part of its expansion plans over the next 12 months. The move comes almost 30 years after the region’s last major watchmaking firm, Timex, closed its doors. Parts will be manufactured in Switzerland, Japan or even elsewhere in Britain before being made into the final product in Scotland.

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