Indian bitcoin exchange Coinsecure partners with digital solutions provider Netki to facilitate the use of its bitcoin wallet by attributing personal names. The partnership aims at attracting more customers to bitcoin-related services.

As reads the joint press-release, the partnership is mutually beneficial to both parties. While Coinsecure becomes the first Indian company to implement Netki’s Partner Wallet Name Service and to introduce the standards of usability to cryptocurrencies ecosystem, Netki will work with one of the most promising companies on the growing market.

According to Coinsecure’s Founder and CEO, Mohit Kalra, “Coinsecure's partnership with Netki enables users to generate a wallet name, turning a complex Bitcoin address into a simple to remember domain name such as yourname.coinsecure.me.”

Netki is a US company that created a technology which uses the Namecoin blockchain to map easier to remember names to wallet addresses. Their proclaimed aim is to catalyse mass adoption of cryptocurrencies by getting rid of unmemorable wallet addresses.

Coinsecure is an India-based bitcoin exchange established in 2014. It became the first company to create an INR-based blockchain explorer. The company is the leading regional bitcoin marketplace with the highest liquidity and volumes in India.

More information about bitcoin and blockchain potential in India could be found in an interview given to CoinFox by Elizabeth McCauley, the Head of Global Business Development of Coinsecure.

Anna Lavinskaya