25.1 C
London
Monday, May 25, 2020

Andreas Antonopoulos Joins E-Commerce Company CoinSimple

Bitcoin security expert Andreas Antonopoulos has joined e-commerce company CoinSimple as an advisor.

The Hong Kong-based platform enables customers to choose how they process their digital currency payments. They can use BitPay, Coinbase, GoCoin or do it themselves via Armory and Electrum wallets.

This isn’t the first time Antonopoulos has worked with the company, CoinSimple confirmed in a statement:

“Andreas has been involved in various roles with CoinSimple since the company’s formation and his role as an advisor will allow him to help shape CoinSimple’s future and core product.”

SaaS beta

CoinSimple argues it can provide the best bitcoin price for its customers, as they can use multiple payment processors simultaneously and shop around for the best offer at any given time.

The platform can also accept more than one cryptocurrency depending on the choice of payment processor and customers can switch between processors automatically if one goes out of action.

CoinSimple is launching its Software-as-a-Service (SaaS) product at the Inside Bitcoins conference in London today. The company said additional plugins for e-commerce store functionality will be released at a later date.

CoinSimple’s user dashboard.

Antonopoulos said he is confident in CoinSimple’s platform:

“CoinSimple’s commitment to decentralized solutions for payment processing, including the Do-It-Yourself solution that CoinSimple offers, as well as the strength and the proven execution record of the team, give me the confidence that CoinSimple will bring more consultants and e-commerce merchants to the bitcoin ecosystem.”

Last year, CoinSimple’s potential was also recognised by seed-stage funding outfit Seedcoin when the incubator invested 200 BTC in the company during its SF1 round.

Multiple advisor roles

Earlier this month, Antonopoulos announced he was leaving the post of chief security officer at bitcoin wallet and information services company Blockchain. He is now an advisor to the company’s board.

In recent years Antonopoulos has advised several bitcoin startups, lectured on cryptocurrencies and published more than two hundred articles on security, cryptography, cloud computing, data centres and a range of other topics.

He currently works at RootEleven, a technology incubator he founded in January 2013, which focuses on cryptocurrencies.

Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.

Avatar
SXI ADMINhttp://www.sxi.io
SXI.IO is a global Blockchain software company, specialized in developing white label crypto exchange platforms , Wallet platforms, ICO platforms, Token Erc20 .....

Latest news

How to Install and Use Dropbox on OpenSUSE

Dropbox is definitely one of the top online storage solutions for storing and sharing photos, documents, spreadsheets, presentations, and others. The cloud-based storage solution...

What the Taxman Can Learn from Crypto

Annette Nellen, CPA, CGMA, Esq. is a tax professor and director of the MST...

Best Linux Distributions 2018 – Fedora 27 complete review

(: February 25, 2018)This is a continuation of our list of Best Linux Distributions 2018. Here we’re looking at Fedora 27.Fedora 27 –...

Marc Andreessen, Satoshi Nakamoto Take Top Honors at Inaugural Blockchain Awards

Day one of the Bitcoin2014 conference in Amsterdam wrapped up with the...

Britain’s Royal Mint Reveals Details on ‘Live’ Blockchain for Tracking Gold

You wouldn’t think you’d lose a 1kg gold bar worth more than...

US Government Arrests and Charges Alleged ICO Fraudster

A New York businessman accused of defrauding investors in connection with two...

Related news

How To Exit From top Command In Linux / Unix / BSD / OS X

I am a new Linux and Unix system users. I was told to use the top command to display and update sorted information about...