Swedish webgallerian.se embraces the digital currency Titus Coin

The Swedish marketplace, Webgallerian.se has signed a LOI to become one of Titus Coin beta testing merchants. Webgallerian.se has been updated and is aiming to go from today’s 140 online stores to 1.000 in their marketplace over the next coming 12 months. Webgallerian have one joint checkout solution for all affiliated stores where Titus Coin will be one of the possible methods for payments.

Webgallerian is a Swedish online marketplace. It has gone through a solid upgrade this year and is aiming to  become the leading marketplace for online shopping in Sweden.

Webgallerian aims to gather a wide range of online stores under one roof, all to make the customer’s visit as easy and enjoyable as possible when shopping online. Webgallerian’s customers will experience the ease to shop from several different shops at the same time, put all items in one shopping cart and pay for everything in the joint cashier.

Webgallerian is filled with unique and exciting online stores from all over Sweden with the latest news, lots of shopping tips and great deals that will inspire Webgallerian’s customers to shop.

“Webgallerian will act as a personal online shopping assistant. Based on the customer’s stated preferences, user profile, and navigation behaviour, Webgallerian will show the customer the most relevant content, among hundreds of stores and thousands of products. The more the customer uses it, the better the experience gets. Webgallerian will give the customer a tailored shopping experience”, said Ingemar Gleissman, founder and CEO of Webgallerian.

Webgallerian wants to create an online shopping center that promotes social shopping in order to give the consumer a richer shopping experience and to promote sales.

Mr Ingemar Gleissman said: “Webgallerian always focus on new trends and the best technical and business solutions available. The exciting new payment opportunities coming from taking advantage of the new block chain technology and cryptocurrencies opens up for services which will benefit both our customers and our merchants.

“Why is Webgallerian focusing on Titus Coin rather than other crypto currencies which may be better known to the public?”

“There are some challenges involved with the use of most cryptocurrencies as payments for a company like ours,” said Mr Gleissman. “One is the delayed transaction time and the other is the fluctuation in value between the cryptocurrencies and the currencies we normally do business in, like EUR and SEK”.

“Titus Coin delivers a service with instant transactions and instant conversion to our normal trading currency, with EUR backing from the a Swedish Sparkassa. That makes all the difference for us”, Ingemar Gleissman continued.

Titus Coin uses a BitCoin type, decentralized block chain technology. The use of so-called super nodes ensures instant transactions. The backing from the Swedish VIP Coin Sparkassa secures instant conversion from Titus Coins to fiat currencies (such as EUR).

In addition, the world leading company in transaction security, Securenvoy, delivers an extra layer of transaction security to all Titus Coin transactions. These features have already given Titus Coin a reputation as the preferred crypto currency among many merchants.