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Cieo and ClearGate team on bitcoin wallet and storage systems

06 February 2014  |  2534 views  |  0 Source: Cieo

Cieo, a crypto-currency technology company featuring a new kind of Bitcoin wallet and storage solution and their sister company ClearGate, a merchant payment gateway, have partnered to provide the acceptance of Bitcoin payments.

Thanks to many young, progressive companies working in the crypto-currency space, today Bitcoin is garnering attention from governments, financial institutions, card association and retailers. CIEO and ClearGate will do their part in furthering the progress of crypto-currency usage with the release of CIEOwallet, CIEOvault and a virtual terminal offering merchant acceptance of all payments types.

Robert Onesian co-founder of CIEO states, "Crypto-currency, notably Bitcoin is as technologically meaningful and impactful as the commercialization of the Internet in the 90's."

Noah Case also a co-founder of CIEO states, "Bitcoin and CIEO offer a solution that leverages and compliments the open-source community with wallet, vaulting technology and business enhancements to pave the way for Bitcoin merchant relationships. CIEO's innovative technology is critical to safeguard Bitcoins from many of the present threats."

CIEO uses industry cutting edge encryption in their vaulting and storage products that provides real time multi-profiled Bitcoin wallets and storage married to a virtualized storage farm. Merchants' having multiple locations or multiple wallets at each location is managed under one centralized system allowing consolidated activity reporting 

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