Blockchain And Coinify To Spur Increased User Adoption Of Bitcoin

Nov 16, 2016 at 15:58 // Business
Author
Coin Idol

Blockchain, the world’s leading provider of digital currency and distributed ledger software, has announced a partnership with Coinify, one of the leading blockchain payment & trading service provider, to enable nearly instantaneous wallet funding via credit and debit cards inside a single user interface.

The Blockchain and Coinify integration will allow users to purchase bitcoin directly from their bank accounts, although wallet funding through this channel will only happen as fast as the bank transfers themselves are able to settle.

Peter Smith, Chief Executive Officer of Blockchain stated in the official press release:

“For the first time, users will not be subject to the delays, complexities, and security risks that have plagued digital currency adoption in the past. This partnership will make our wallet infinitely more user friendly and, ultimately, more accessible for the mass market.”

Blockchain aims to dramatically accelerate the re-engineering and modernization of the global financial system by on boarding millions of individuals across the globe into open P2P transaction networks over the coming years. This partnership with Coinify, which will first launch in the U.K followed by an expansion across Europe, is the beginning of that product evolution. Blockchain will beta test the integration with select invite-only participants, working user feedback and learnings into an enhanced product for full global launch. 

Coinify Co-Founder and CEO Mark Højgaard said, “Coinify shares in Blockchain’s mission to accelerate the adoption of digital currencies by making them more easily accessible. And we are honoured to be a part of this strategic partnership to serve millions of existing and new bitcoin users. With Blockchain’s dominant position in the cryptocurrency wallet market, I believe this will be a real game changer.” 

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