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KryptoKit Launches 'Two-Click' Bitcoin Shopping Directory

January 29, 2014

KryptoKit, a way to handle Bitcoin transactions, announced it has unveiled its new KryptoDirectory, a one-stop shopping directory for Bitcoin users that incorporates BitPay, a Bitcoin payment processor. The announcement was made at the first North American Bitcoin Conference in Miami , Jan. 24 through 26 . In a release, KryptoKit said its directory assembles the Internet's online retailers and vendors that accept bitcoins -- such as TigerDirect and Gyft, among hundreds of others -- into one, tab inside KryptoKit's Bitcoin wallet for Google Chrome. Partnering with BitPay ensures that the directory works with every country in the world with payouts in native currencies and no charge-backs. "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 cryptocurrency," said Anthony Di Iorio , the company's co-founder along with Steve Dakh . "KryptoKit will roll out more BitPay merchant sites in the upcoming weeks." Shoppers surf over to any online merchant that accepts Bitcoins. The extension automatically "sniffs out" the Bitcoin addresses for each item from the site and inserts them into the wallet, making them into a list of payment options. The user clicks on what he or she wants to purchase and hit send, eliminating the usual "annoyance and inconvenience" that comes from having to copy and paste information as part of a Bitcoin purchase. The wallet currently has a five-star rating in the Chrome Web Store and can be downloaded for free. KryptoKit has future plans to integrate with other Bitcoin and digital currency processors in the coming months. KryptoKit is a Toronto -based company specializing in encryption and digital currencies. More information: http://www.kryptokit.com/ https://bitpay.com/ http://www.bitcoinalliance.ca/ ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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