San Francisco-based bitcoin services provider Coinbase has launched a new feature called Payment Pages that enables users to have a social, sharable payment profile.
The company is promoting the effort with the help of notable names and charitable efforts.
Nas, Marc Andreessen and Code.org are just some of the luminaries that have created Payment Pages for the official launch. The proceeds of bitcoin transactions to these accounts will go to charity.
In a post on the official Coinbase blog, the company states:
Making bitcoin basic
Getting on users on board with bitcoin via cryptographic addresses like "1H3Nr8N68EaFiMggFpX2QpUp4edtZmUgui" is difficult. This is likely a major reason Coinbase is launching Payment Pages.
The Payment Pages feature combines the ease of digital currencies with a social profile that seems to be factoring for the modern Internet Twitter and Facebook have created.
Payment Pages creates an easy-to-use URL for people. For example, the page for rapper Nas (where bitcoin donations go to Watsi.org) is https://coinbase.com/Nas:
After clicking on "Send Money", users are given the option to either directly send from their Coinbase wallet or use an external BTC wallet.
Coinbase has committed to matching any charitable donations to these accounts, up to $50,000
Digital currency meets social media
Coinbase's Payment Pages, for instance, are easily shareable on places like Twitter:
— Fred Ehrsam (@FEhrsam) May 28, 2014
QuickCoin is another example of how the bitcoin industry is looking to leverage sharing to increase bitcoin adoption. The QuickCoin wallet integrates with Facebook for BTC transactions through the gargantuan social network.
Coinbase users can set up their Payments Page name and URL by going to https://coinbase.com/settings.
Image via Coinbase
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.