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WordPress and Blockchain come together to make content management system more secure and versatile. Some it's true benefits are mentioned below:
Here the relevance of the middle-man is completely eliminated. If you are ready to accept Bitcoin payments through WordPress websites, it helps to cut off gateway charges and save some money on the base of transaction fees. The transaction fees of Bitcoin payments are comparatively lower than that of the existing gateways. Always make sure that you read all the terms and conditions before making any move.
The speed of Transaction:
Cryptocurrency is directly from sender to receiver. The presence of the middle-man can be eliminated completely. Therefore it is really an easy process to receive payment without spending time for banks and gateways for processing payments.
For those who run an e-commerce application on WordPress, restriction occurs in most of the cases while receiving payments from other parts of the world. But the Bitcoin is widely accepted by most of the countries. Therefore eliminating the complexity of receiving payments globally is one of the major impact of blockchain on e-commerce.
Wordpress is the widely accepted platform and covers almost 30% of the total websites today. If you have the ability to monitor the high and low of both WordPress and Bitcoin, high profits can be made the Blockchain technology.
Identity management and verification:
This is one of the best blockchain implementations by WordPress. The encrypted identity management and verification possibly help in protecting passwords and also the way in accessing their applications.
Including smart contracts is one of the best usages of Blockchain in WordPress. They make sure both the parties involved in the contract can place trust in the deal and data to carry out the business. Smarts contract act as the future of deal-making. They help parties protecting content.
Blockchain helps WordPress to improve the overall security of the content management system. Blockchain can really help in encryption practices of the WordPress platform.
Cloud storage is something more interesting. This makes users shift easily from the usual web host for server space. Therefore the data can encrypt in a better way.
Plugins for accepting Cryptocurrency on your WordPress website
GoUrl Bitcoin Payment Gateway:
GoUrl make secure payment gateway for WordPress, it helps to accept cryptocurrency payment. This plugin receives payments without the need for any kind of bank details and can accept global payments securely with no Chargebacks and almost zero Risk. The payment will be accepted straight to bitcoin wallets and converted to USD, EUR and much more. The plugin receives payment in Bitcoin, BitcoinCash, Litecoin, Dash, Dogecoin, Speedcoin, Reddcoin, Potcoin, Feathercoin, Vertcoin, Peercoin, UniversalCurrency, Monetary Unit payments online on WordPress website.
These plugins have so many features; it is completely free and open source on github.com, free tech support, auto synchronization, Direct Integration on your website, no external payment pages open, working with third-party and more.
Easy Digital Downloads: BitPay Gateway:
It is the world’s largest Bitcoin business solution. This plugin has so many interesting features including Physical Products, On-site Checkout, Digital Products, Mature Content, Off-site Checkout, and Direct Bank Transfers.
Steps to BitPay payment gateway is simple to install and setup:
Upload plugin files to your plugins install using WordPress built-in Add New Plugin installer. Activate the plugin and then creates an account on BitPay and it creates API key ID. Navigate to Dashboard>Downloads > Settings > Payment Gateways, choose BitPay and fill your API Key ID and Notification email follow.
Mollie Payments for WooCommerce:
Quickly integrate all important payment method in WooCommerce. Mollie is WooCommerce webshop with a powerful plugin; it making payments better for WooCommerce.
It has some features including; support all Mollie payment methods, transparent pricing, and event log for debugging purposes, WordPress multisite support, WPML support and more.
WP Blockchain opens a whole new gateway to stamp pretty and everything into the blockchain, directly from WordPress website. It has some major features like; stamp in the Bitcoin blockchain (BTC), stamp users, posts, pages, and custom post types; automatically append stamps on frontend (except user stamps), public/private stamp certificates, certificate header customization, visual hash trees and more.
BitMate Author Donations:
This plugin helps authors on WordPress sites to accept cryptocurrency donations. In this plugin, authors can simply add a cryptocurrency donation box below all their posts and widgets for sidebars and visual page builders.
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