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Web Hosting Provider DreamHost Joins MobileCoin Foundation

Web Hosting Provider DreamHost Joins MobileCoin Foundation

DreamHost, a global one Web hosting and manages WordPress Provider, has joined this new data protection-oriented cryptocurrency project, MobileCoin. Support DreamHostMobileCoin Cryptocurrency supports small businesses worldwide and provides an affordable, easy to use and secure global payment platform.

MobileCoin is an attempt to develop a fast, private and easy to use cryptocurrency that can be provided by users who are unable to reliably manage secret keys over a long period of time. "User-friendly" as a mobile first CryptocurrencyMobileCoin is designed in such a way that a mobile messaging application like Facebook, WhatsApp, Signal or Messenger can be easily integrated into a MobileCoin wallet.

With transaction times of no more than ten seconds and no international fees, MobileCoin offers small business owners a new option for sending and receiving payments.

DreamHost will advise and advise the MobileCoin team through its seat on the foundation's technical advisory committee.

Cryptocurrency payments

"We are very excited about the MobileCoin team and their vision to bring the world's first easy-to-use, highly transactional cryptocurrency to market," said Michael Rodriguez, CEO of DreamHost.

Traditionally, most cryptocurrencies have relied on a tech-savvy user base and bloated network clients to handle complex tasks like key management and transaction validation. MobileCoin would offload much of this processing-intensive work to a range of employees decentralized and encrypted processing nodes on the Internet to offer applications that can "seamlessly" integrate MobileCoin transactions with "real ease of use".

DreamHost runs several of these MobileCoin processing nodes and is keen to start more as the increase in user adoption increases the demands of the network over time.

"We are very excited about the MobileCoin team and their vision to bring the world's first user-friendly, highly transactional cryptocurrency to market," he said Michael Rodriguez, CEO of DreamHost. "Any open source project that makes it easier and cheaper for our international customers to send and receive payments securely is something we are proud of."

Founded in 1997 as a web hosting provider DreamHost has offices in Los Angeles and Orange Counties, California and Portland, Oregon. Support of the open source community "with dedicated resources and top-class talents", DreamHost believes in the power of the "open web" and in the people who make it possible.

This article was also published on HostingJournalist's WhatsApp channel.
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