Since 2015, Blockonomics has helped thousands of eCommerce sites boost sales by including Bitcoin, Ethereum, Litecoin, and other major altcoins as payment options for their customers. Furthermore, the company has continued to innovate with the latest Bitcoin technology. The team and developers of Blockonomics strongly believe in the strength of Bitcoin in decentralization and cryptography.
Blockonomics, you can find it online at https://ico.blockonomics.co/, is India-based startup founded by Shiva Sitamraju, an expert in designing and implementing efficient distribution systems and in bitcoin / blockchain projects, with a global team of marketing specialists and cryptocurrency developers. Shiva Sitamraju states that Blockonomics is different from other payment providers. For example, Paypal, consider as the most popular credit card gateway and virtual fiat payment processor, but also famous for freezing funds and other questionable business practices. Bitpay and Coinbase, two of Bitcoin’s most popular payouts have done a lot to improve the adoption of merchants, but both have the same basic models as Paypal, acting as “agents and custodians” for funds received and restricting or prohibiting use with “high risk” and banned business types. Using the platform will require KYC / other documentation and a long approval process. “If you are a small business, you would rather spend your time developing a product than spending money and time chasing a bank / company to get approval and documentation to receive payments.”, Shiva Sitamraju said.
Blockconomics is a decentralized bitcoin payment solution that provides users with multiple benefits that increase their BTC usage. Blockonomics platform is safe because no one has access to the user’s private key except the owner. The platform is also unlicensed and unlimited because no document or KYC is required, all you have to do is use your email to get payment solution. The company’s goal is to continue enabling users to receive Bitcoin directly, whether they are making invoices, receiving donations, or running eCommerce stores.
As a startup company, Blockonomics offers a number of features including, Blockonomics Peer to Peer Invoicing. This feature allows eCommerce stores and buyers to remove credit card transaction fees. Users can also save their digital currency. Bitcoin payments go straight to the store wallet, and stores can control the bitcoin currencies they want. The payment solution supports all major wallets including ledgers, mycelium, trezor, and more. It’s the easiest way to send Bitcoin invoices without worrying about fluctuating prices. Your invoices are also encrypted, increasing privacy.
Another feature of Blockconomic is the Wallet / Address Watcher. This is the most popular address / wallet watcher today. Wallet watchers let you monitor your address balances, get credit / debit notifications, view visualization of wallet transactions, tag your addresses, and more. All this without the need of your private key. Just need your public bitcoin address. According to Shiva Sitamraju, the Wallet Watcher feature is a very useful tool for those who use desktop wallets.
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