Boston-based Abine is launching a new beta service designed to help Bitcoin users more fully participate in online commerce. The invite-only beta will enable Bitcoin to Abine Masked Card purchases at any merchant.
The beta program is limited to users of the popular Coinbase Bitcoin wallet and users must also use Abine’s Blur premium service (Blur lets anyone control their passwords payments and privacy). By linking Blur together with a Bitcoin wallet, a more accepted and more contextual Bitcoin-based e-commerce experience is possible.
Abine plans to share the results of the beta program with key Bitcoin companies, influencers, and regulators in order to inform the ecosystem about the potential for broadening the pace of Bitcoin acceptance – from beyond the 85,000 merchants who accept Bitcoin payments today.
Everyone wants to know how Bitcoin would fare if it were more widely accepted by merchants. Leading VC’s who have invested in Bitcoin like Andreesen Horowitz, Lightspeed, Index, and Khosla Ventures are ultimately betting that consumers will come use Bitcoin if it is accepted more broadly. Similarly, the big Bitcoin startups like Coinbase, Circle, Bitpay, Bitfury, and Xapo are betting on wide acceptance catalyzing mainstream use.
Blur — Abine’s password, payments, and privacy solution — goes beyond Bitcoin wallets to give users other simple ways to be more private and secure online. With one click or finger tap, Blur generates a new email address, strong unique password, and or one-time use secure credit card (masked card) that is sent to the site or merchant instead of the consumer’s real private information. Consumers thereby remain in full control of their real personal info while still being able to interact normally with popular web sites and services. Blur also automatically blocks hundreds of tracking companies from secretly collecting detailed data about what people do daily online.
Abine’s solutions have been trusted by over 25 million people worldwide to protect and control their passwords, payments, privacy, and identity.
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