KryptoKit Teaming With BitPay

KryptoKit is a plugin on Google Chrome’s internet browser, and is a secure bitcoin wallet encrypted measure. They have recently teamed up with Atlanta-based payment processor Bitpay, so that they may implement a ‘two-click’ solution to pay bitcoin users.

The integration allows for a faster experience, while maintaining the necessary security measures.

KryptoKit revealed its partnership at the North American Bitcoin Conference, which took place this past weekend. Among the features include KryptoDirectory, an all in one shopping directory which uses BitPay information on business accepting bitcoin payments. BitPay has allowed access to its database as part of the deal.

Within the KryptoKit wallet window, a tab will show up, allowing internet users discover new sites that accept bitcoin. A list of payment options is then shown to the user, where they can decide where they’d like to buy from, and how they’d like to buy it.

By simply clicking the web address for the item they want, all users have to do after is hit the send button. This completes in the ‘two-click’ transaction.

Easy To Use

Detection of bitcoin website addresses is the Canadian company’s main feature. KryptoKit displays the sites for easy discovery and navigation for those who want to use their bitcoins.

Anthony Di Iorio, co-founder of KryptoKit, as well Executive Director of the Bitcoin Alliance of Canada, and founder of the Toronto Bitcoin Meetup and Bitcoin Decentral said:

“As Bitcoin becomes more universally known and accepted as currency, we saw a clear need to have a single, clean and easy to use resource for finding businesses that welcome crypto currency.”

In addition to its simplicity, KryptoKit is free to use. They even earned a 5-star rating on the Google Chrome Web Store. The plug in also allows for an encrypted message service, where users can make new PGP keys or import existing ones. KryptoKit is expected to release more Bitpay merchant sites within the next few weeks.

No registration, account set up or personal information are necessary. The tool is all about instant access and results. All private keys and bitcoin addresses are stored locally on a users’ device.

For future news on KryptoKit, stay tuned to coinreport.net.

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