Lanieri accepts bitcoin transactions from today, proving to be the first fashion-tech e-commerce that can support cryptocurrency among its payment methods. A rapid and reliable payment method that is conquering those customers that consider the luxury market an investment opportunity.
Yet, what are bitcoins exactly? What are they used for? How can you shop using Bitcoin? Here is all you should know.
What are bitcoins?
Bitcoins (BTC) are virtual currency that was created in 2009 by an anonymous inventor, who is known by the pseudonym Satoshi Nakamoto. Bitcoin is digital, decentralised and unregulated currency: this makes it different from most of the traditional currency.
It is digital because it is not real paper money. It is decentralised and unregulated because it has no central authority and allows people to make quick and anonymous electronic payments worldwide.
What are they used for?
Bitcoin is virtual currency that can be used for shopping objects and real services. This virtual currency makes it possible for people to buy real goods, but it can also be sold in exchange for money, according to a highly-volatile exchange rate.
How do they work?
Thanks to some specific softwares. To create your digital wallet (bitcoin wallet), which holds all of the data concerning the bitcoins that you own and allows you to send and receive them, you can either use a pc or an app. Any programme or provider is compatible with Bitcoin.
All the transactions made using bitcoin are public and recorded in a database which is distributed across the network nodes. This database is used to control and securely manage functional aspects such as new currency generation and ownership assignment.
“Public transactions”, yet secure. Every transaction is indeed made using a cryptographic system which uses two encryption keys: one is public and the other private (personal and secret). Nobody but you can debit or credit your account then.
How to shop using Bitcoins at Lanieri.com
Use Bitcoin and make secure payments at Lanieri.com. When it’s time to make your payment, select the special icon, you will be automatically redirected to the secure payment form, check the exchange rate and you will be given information to access your virtual wallet. When you have completed your payment, your order will be immediately recorded and confirmed.
“Innovating the sartorial service is also introducing payment methods that ease our users’ transactions”, allowing them to make payments which are extremely quick and secure. In May, we were the first to support Apple Pay in Italy and now, following some early adopters’ numerous requests, we decided to introduce bitcoin payments”, said Simone Maggi, Lanieri’s CEO and co-founder.
With transactions that are quicker and fees that are way-lower than those of the most common credit cards, you will order your made-to-measure items, cut from the best Italian fabrics, in a way that is more immediate, secure, and quicker.