Blockchain and Coinify Partner to Offer Improved Bitcoin Wallet Funding Options

Blockchain, a prominent bitcoin wallet service provider with over 50 percent in market share and nearly 10 million wallet users, secured a strategic partnership with leading blockchain payment and trading service provider, Coinify, to enable instantaneous bitcoin wallet funding.
Peter Smith, CEO of Blockchain, states that the deal with Coinify allows users to avoid lengthy delays resulting from purchase orders and extended Know Your Customer (KYC) and Anti Money Laundering (AML) verifications to purchase bitcoin in a more secure and efficient manner.
The elimination of heavy identity verification and other forms of confirmation means that neither Blockchain or Coinify will be required to handle the personal and sensitive information of its users, significantly reducing the possibility of data breaches and hacking attacks.

This post was published at Bitcoin Magazine on Nov 15, 2016.