Since 2015, Blockonomics has helped thousands of eCommerce sites increase sales by including Bitcoin, Ethereum, Litecoin, and other major altcoins as a payment option for their customers. Furthermore, the company has been continuously innovating with the latest in Bitcoin technology. Blockonomics’ team and developers strongly believe the power of Bitcoin is in decentralization and cryptography.
Blockonomics, you can found it online at https://ico.blockonomics.co/, is an Indian-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 stated that Blockonomics is different to any other payment providers. For example, Paypal, consider as the most popular credit card gateway and virtual fiat payment processor, but also well-known for freezing funds and other questionable business practices. Bitpay and Coinbase the two most popular Bitcoin payments have done much to increase merchant adoption, but both are on the same basic model as Paypal, acting as an “agent and custodian” for received funds and restricting or forbidding use by “high-risk” and prohibited business types. Using those platforms will require KYC /other documentation and a long approval process. “If you are a small business, you would rather be spending your time developing products than spending money and time chasing banks / corporations for approvals and documentation to accept payments.”, Shiva Sitamraju said.
Blockconomics is a decentralized bitcoin payment solution that provides users with several benefits that enhance their use of BTC. The Blockonomics platform is secure as no one has access to the user’s private keys except the owner. The platform is also permission-less and border-less as no documentation or KYC is needed, all you have to do is use your email to get the payment solution. The company’s goal is to continue allowing users to accept Bitcoin directly, whether they’re invoicing, receiving donations, or running an eCommerce store.
As a startup company, Blockonomics offers a bundle of features include in, Blockonomics Peer to Peer Invoices. The feature allows eCommerce stores and shoppers to do away with credit card transaction fees. Users also get to store their digital currencies. Bitcoin payment goes directly to the store’s wallet, and the store can control the bitcoin currency the way they want. The payment solution supports all the major wallets including ledger, mycelium, trezor, and many more. It’s an easiest way to send a Bitcoin invoice without worrying about the fluctuating price. Your invoices are also encrypted, enhancing privacy.
Another feature of Blockconomic is Wallet/Address Watcher. This is the most popular address/wallet watcher currently. The wallet watcher let you monitor balances of your addresses, get notification on credits / debits, see visualization of wallet transactions, tag your addresses and more. All this without needing your private keys. It only need your public bitcoin addresses. According to Shiva Sitamraju, the Wallet Watcher feature is a very useful tool for those who use desktop wallets.
For more detail about Blockonomics, feel free to read their Whitepaper at https://ico.blockonomics.co/docs/Blockonomics_Whitepaper.pdf
Author : https://bitcointalk.org/index.php?action=profile;u=1397196