Author

Topic: [2016-02-02]CTUK:CryptoWoo:A Seamless and Secure Cryptocurrency Payment Solution (Read 286 times)

member
Activity: 64
Merit: 10
Berlin, February 2, 2016 – CryptoWoo is a decentralized payment plugin for WooCommerce that gives merchants full control over the checkout process, customer data and their private keys. It enables merchants to seamlessly accept Bitcoin, Litecoin and Dogecoin at their WordPress based webshop.

With decentralization and consumer privacy at the heart of its business model, CryptoWoo makes itself stand apart from the rest of the platforms in the industry.

The main plugin uses the Block.io API and wallet service. Communication between the plugin and the API is secured via 4,072 bit SSL keys. All data stored at Block.io is encrypted and with multi-signature wallets built on top of hierarchical deterministic wallets (HD wallets). This makes it impossible to move coins without the merchant's signature. The HD Wallet Add-on for CryptoWoo reduces external influence even further. It allows the sales revenue to go directly into a cold storage wallet without any involvement of third parties.

http://cointelegraph.uk/news/cryptowoo-a-seamless-and-secure-cryptocurrency-payment-solution
Jump to: