‘Masked’ Card Lets Online Shoppers Pay Anywhere With Bitcoin
Online privacy company Abine has announced the launch of Bitcoin Anywhere, enabling Coinbase wallet holders to make bitcoin purchases at any e-commerce site.
Bitcoin Anywhere, currently in beta and invite only, will enable Coinbase users to link their wallet to Abine Blur, a password control service.
When they want to make a purchase, consumers create a privacy-enhancing ‘Masked Card’, which work in a similar way to pre-paid gift vouchers. They are created on-the-fly and are loaded with US dollars funded from the user’s bitcoin account.
This post was published at Coin Desk on March 4, 2015.