Blockchain strikes bitcoin partnership with Unocoin

Blockchain has entered into a strategic partnership with Unocoin. According to the company, the partnership between Blockchain and Unocoin will give users greater purchasing power directly within their Blockchain wallets without compromising user security or control.

Historically, acquiring bitcoin has been a multi-step process with high fees, long settlement delays, untrustworthy service providers, and opaque identity verification procedures. This integration aims to eliminate that friction and make buying bitcoin more user-friendly and more accessible for customers across India.

Sathvik Vishwanath, Co-Founder and CEO, Unocoin, said, “Blockchain is one of the most- trusted companies in digital currency. We are thrilled to work together to provide users a convenient way to participate in the digital currency ecosystem and experience all of the benefits it has to offer.”

Today’s partnership between Blockchain and Unocoin represents the ongoing investment by both companies to bring digital currency to the masses.

“Post demonetization, India became the fastest-growing economy to witness a surge in the use of digital wallets in daily transactions. The fondness for digital currency, especially bitcoin, has also seen a rise, attracting many users who want instant transactions. According to a recent report, 2,500 Indians are investing in bitcoin daily, which makes India one of the top contenders for becoming the largest market for cryptocurrency. Keeping this in mind, we are partnering with Unocoin to bring in this digital currency to the masses,” said Nic Cary, Co-Founder & President, Blockchain.

Tags: Blockchain,  bitcoin partnership Unocoin, digital currency, varindia