Kvě 17

Pre-Order With Bitcoin Using Purse Pre

Source: bitcoin

Purse

The Bitcoin-based marketplace that has connected the community with discounts at Amazon for using cryptocurrency has just announced the launch Purse Pre. This new Purse Pre market will allow Bitcoin users to place pre-orders on goods and trust they will receive the product or get their digital currency back.

Also read: Bitcoin Is The Original DAO

Bitcoin Marketplace Guarantees Pre-Ordered Products With Purse Pre

The San Francisco-based company says Purse Pre will enable pre-orders with Bitcoin and “ensuring  orders are either perfectly fulfilled or customers get all their money back.” Pre-ordering on the worldwide web is great but at times, customers never receive the goods they ordered. Platforms such as Kickstarter, Indiegogo, and from a company’s own website fail to send items more 60% of the time. Kickstarter alone has an alarming rate of over 87% never receiving a refund. Just last week Paypal explained it would stop insuring crowdfunding failure this summer. Purse wants to put an end to the pre-order madness and offer a more secure solution. During the launch announcement Purse CEO Andrew Lee explains the platform’s objectives saying:   

“Purse Pre is the ultimate place to pre-order the hottest products available. With Purse Pre, you can purchase multiple pre-order items at the same time and in a safe way. Purse’s blockchain technology securely escrows bitcoin to ensure that your money is only released when your items arrive or if you decide to cancel an order. We are excited to bring Purse Pre to consumers around the world and to the community of entrepreneurs on Kickstarter and Indiegogo.”   

Purse CEO Andrew Lee

Purse Pre will use its secure escrow system to safeguard consumer funds until the product ships. The service allows customers to monitor “the production status” and users can cancel at any time before shipment to get a full refund. So far the Purse system has saved customers more than $600,000 in discounts and all purchases are secured with blockchain escrows. Purse Pre will be no different but will apply to the pre-order ecosystem with companies like Indiegogo and Kickstarter.

The marketplace Purse tells us that on launch day the pre-order marketplace will feature “over 80 hand-selected, pioneering gadgets” which include Lily the throw-and-shoot camera, the June Oven, BuzzClip the wearable for the blind, Nebia the sauna-like shower, Trunkster the advanced luggage and so much more. Purse says no other marketplace will have this broad range of pre-order goods and back the purchases by blockchain technology. The company states:

“Purse Pre finally allows consumers to purchase the most popular pre-orders from a single website while using Bitcoin.”  

The company is excited to bring this level of pre-ordered goods to a Bitcoin marketplace and believe they are raising the bar with this additional feature. The company claims to process $1 million USD a month in Bitcoin sales and says it’s only getting started. The firm’s mission is to “make global commerce easier and fairer through blockchain technology.” With its popularity, the startup has attracted investors such as TA Ventures, the Digital Currency Group and more with the hope it will expand the company’s mission vastly.

What do you think about the Purse Pre marketplace? Let us know in the comments below.


Images Via Purse Websites and Crypto-Graphics

 

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Pre-Order With Bitcoin Using Purse Pre

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Kvě 03

Valyrian Tech Presents Bitcoin Spellbook Project

Source: bitcoin

Bitcoinist_Valyrian Tech Bitcoin Spellbook

Bitcoin blockchain development is an area worth exploring by all kinds of developers, and the Bitcoin Spellbook v0.1 wants to make that process a lot more approachable. Don’t expect any pointy hats and wand-waving, though, as this project is all about combining APIs and web services using the Bitcoin blockchain to create new applications and tools.

Also read: BitPay Launches Loadable Visa

The Bitcoin Spellbook Focuses on Blockchain Development

Wouter Glorieux, the man behind Valyrian Tech and creator of The Bitcoin Spellbook, is not your everyday developer. That is to say, he is very passionate about Bitcoin and the blockchain, but Wouter is not a part of the “core development team.” Nor is he part of a major company in the Bitcoin and blockchain world either, which makes his take on development rather unique.

The primary focus for Wouter – and The Bitcoin Spellbook as well – is to write software using the Bitcoin blockchain, by using standard features which can be found in every wallet solution available. Granted, this may limit some of the tools and options at the disposal of developers, but it also creates a better foundation for future innovation in the industry. With so many trying to figure out what Bitcoin and blockchain are, there is no reason to get ahead of ourselves at this stage.

It is important to note The Bitcoin Spellbook has nothing to do with new tokens or special apps, as all the user needs is a Bitcoin wallet address. Or to be more precise, this needs to be an address the user can control at all times, as sending from the same wallet address is the best way to go about things. Reusing the same address time and time again has its caveats, but since this project is all about public use cases – and not personal wallet usage – there is nothing major to worry about.

Over the coming weeks, more details regarding The Bitcoin Spellbook will be revealed by Wouter Glorieux. Some of the topics touched upon include fetching data from multiple blockchain explorers, a simple voting mechanism, and automatically distributing BTC based on a SIL or custom distribution. All of these topics-  and more – hold a lot of promise for the Bitcoin blockchain in the coming years, and it is positive to see someone taking their time to explain this technology further.

So far, Wouter Glorieux has been funding the development of The Bitcoin Spellbook himself. However, he is hoping to complete his crowdfunding campaign successfully on Indiegogo, which aims to raise at least 10,000 EUR over the coming month. Bitcoin contributions are more than welcome as well, and the Bitcoin donation address can be found in the blog post.

What are your thoughts on this initiative by Wouter Glorieux? Will this help put Bitcoin blockchain development on the radar? Let us know in the comments below!

Source: Medium

Images courtesy of Valyrian Tech, Wouter Glorieux

The post Valyrian Tech Presents Bitcoin Spellbook Project appeared first on Bitcoinist.net.

Valyrian Tech Presents Bitcoin Spellbook Project

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