Tinderbox Denmark A/S Implements RocketFuel Blockchain Technology to Enhance Check-Out Experience
RocketFuel Blockchain, Inc., a developer of blockchain-based check-out and privacy protection technologies, announced that Tinderbox Denmark A/S (tinderbox-kids.dk), a major Scandinavian-based retail chain, has chosen RocketFuel’s disruptive blockchain technology for implementation of its 1-3 click check-out solution.
RocketFuel’s check-out solution allows customers to pay in a secure blockchain environment using cryptocurrencies. Customers will no longer be required to share personal and sensitive data, such as credit card information. Instead, the purchase is confirmed and after using our patent-pending “1-3 click” technology, the product is shipped. RocketFuel believes that its technology provides a convenient and more simplified transactional solution from product purchase to delivery.
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Mr. Michael Brandt, CEO of Tinderbox Denmark A/S (tinderbox-kids.dk), said: “After exhaustive evaluation of available alternative payment methods and check-out solutions, we chose RocketFuel as our new check-out partner. I believe RocketFuel’s technology platform provides a much-needed solution to simplify the check-out payment process. The RocketFuel technology platform should also open new sales channels and customer groups for us thereby creating additional growth opportunities.”
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Mr. Gert Funk, RocketFuel’s Chief Executive Officer, stated: “We are gratified that Tinderbox Denmark A/S (tinderbox-kids.dk), has recognized our technology as an innovative and secure solution to the simplification of the check-out process. Our goal from the outset was to develop a blockchain-based technology that could simplify the check-out experience while providing a secure environment to ensure customer privacy through the encryption of both payments and personal data. As the first merchant to select our RocketFuel blockchain technology, we believe we have successfully achieved the goal of validating our technology as a commercially viable check-out solution. With the selection by Tinderbox Denmark A/S (tinderbox-kids.dk), of our blockchain technology, we look forward to targeting new merchants that can benefit from our check-out solutions.”
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