Now Australians can buy the cryptocurrency through any post office. Australia Post helps its subscribers to register at the local Bitcoinexchanges via Digital iD. No need to upload selfies and to undergo verification. Buy BTC at the market price with a single click. Director of Digital crypto currency exchange Surge by Josh Lehman said that the new service speeds up the registration process, which often deterred potential users.
According to local Newspapers Micky, Brisbane cryptocurrency exchange Digital Surge one of the first integrated system of Digital iD. The procedure of registration in the system of Digital iD is very simple. The client needs only once to provide ID, whether driver’s license or passport. Further, all interactions occur on a smartphone or through QR codes. It has nothing to do with the verification procedure on cryptomeria, which sometimes takes a few days.
And what about security?
On Bitcoinist note that Australia Post stores all personal data of clients of service Digital iD on their centralized servers. Doesn’t sound like good protection from cyber attacks. The postal service denies the fact that users have full control over personal data to be disclosed. It turns out, you have to sacrifice privacy in exchange for convenience.
Digital iD can raise the level of confidence among potential investors who previously did not want to disclose their personal data to dubious online services. Australia Post serves 11.7 million addresses around the country. Thus, it may attract new buyers of Bitcoin that will prefer a government-owned Corporation offshore exchanges. More data look at cryptodata.
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