El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says. El Salvador, the first country to make Bitcoin (BTC) a legal tender, has onboarded 4 million users for its government-backed BTC wallet Chivo in partnership with digital identity provider Netki, according to an announcement.Netki has announced that Chivo wallet onboarded over 4 million new users in 45 days using the company’s flagship Know Your Customer (KYC)/Anti-Money Laundering (AML) product, OnboardID. The platform also claimed that it had facilitated the....
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If there's one thing Bitcoin doesn't need, it's to be more complicated. By adding a new data layer on top of the blockchain, some believe Factom to be doing just that, introducing features a small minority of the population will understand. Their latest partnership with Netki is an attempt to address the issue. Most of Factom can run in the background out of sight, but Factom addresses are still around 70 characters long. Now they'll be a simple username. The Netki Wallet. Netki's slogan is "Making Digital Currencies Human." It lies on the outermost layer of the blockchain, where....
Netki, a service aimed to simplify bitcoin payments, has officially released a beta of their Google Chrome browser extension, allowing customers to use email-esque Wallet Names such as 'wallet.justin.me ' instead of lengthy 32 character public addresses. Netki users can now enter their Wallet Name anywhere on the web, and the extension will automatically replace the name with the appropriate public wallet address. They currently support bitcoin, litecoin, dogecoin, Factom (Factoids and entry credits), and Ether, among others. Their new extension will allow Netki users to maintain their....
March 9, 2016, — The Delhi-based Bitcoin exchange Coinsecure has just announced its global partnership with Netki. Headquartered in Los Angeles the service aims to provide user-friendly readable addresses to the cryptocurrency ecosystem as opposed to current alphanumeric versions. Through the two teams latest collaboration Coinsecure users will now be able to create wallet names (ex: yourname.coinsecure.me) instead of a 32 character address. Just as domain names made the internet easier by implementing the Domain Name System (DNS), the startup Netki looks to accomplish the same mission.....
El Salvador’s President Nayib Bukele confirmed that the Latin American nation has successfully onboarded over 3 million users to its Chivo wallet app in just 26 days.
India’s leading Bitcoin exchange, Coinsecure, has announced its partnership with Netki with the purpose of allowing its Bitcoin wallet users to create their own wallet names. The aim is to make the wallets easier to use and more reliable. Growing prominence in India. Many users have difficulty memorizing the address of their wallet. This problem is faced by many exchanges as, for mass adoption of Bitcoin by casual users who don’t have knowledge of cryptography to occur, there must be a simpler way of presenting the long list of numbers that is a wallet address. CoinTelegraph reached out to....