The Crypto Currency world is expanding and people are taking notice!
In a period of just 11 months, the total market cap of all Crypto Currencies has seen an increase of 1300%!
There is an endless influx of people and funds in the industry with the trend set to continue for the foreseeable future.
More and more people are becoming aware of terms previously non-existent such as ‘crypto currency’, ‘crypto assets’, ‘Bitcoin’, ‘Ethereum’, ‘Ripple’, ‘Digital Wallet’ and so on. They seem to be happily willing to exchange their hard earned money for digital currency just like that due to the current momentum.
But there is a catch: Crypto currency is mostly reserved and used within the crypto – community. Using these assets in the real world is proving to be tricky at best.
An area experiencing equal expansion is that of e-commerce. It too expanded from basically nothing, into a global, $2.3 billion per year (2017 statistic) industry. Traditional shops and malls are suffering globally due to this. It is evident that this trend will continue with some forecasters predicting that by 2021 (in just 4 years), the e-commerce industry will double its revenue.
Based on the above a major question looms large: When and how will someone bridge the gap between these two advancing industries?
DIW plans to develop and introduce a Payment Gateway for both fiat as well as Crypto Currency
The plan is to produce an easily integrated solution for common e-commerce websites featuring open-source Content Management Systems.
This will enable buyers to check out in any participating e-commerce shop, providing them with the unique opportunity to do so utilizing major crypto currency stored within their DIW wallets. Over and above this, DIW’s Payment Gateway will enable buyers to checkout without having to create an account or provide any further personal details to the shop owner other than their basic delivery details.
Due to the nature of DIW’s Payment Gateway, small e-commerce shop owners will gain an advantage due to the increased trust our network will bring along, opening the door to a larger audience.