Tutanota to Start Accepting Donations In Cryptocurrencies

Jul 21, 2018 at 08:12 Update Date :Jul 21, 2018 at 08:12 UTC

Tutanota restated its support for cryptocurrency saying, “we welcome the idea of a decentralized payment method that works independently of centralized payment processors such as banks or credit card institutions.”

Tutanota has always voiced its opinion in favour of the right to privacy and terms the initiative as ‘anonymous payment option for anonymous email service’ which strives to protect interests of various journalists, whistleblowers, and human rights activists who are constantly under threat.

The anonymous payment option is undergoing tests as of now for potential assessment. According to a post published on Tutanota’s website, “We will now test payment processing and how easily we can automate the processing of crypto payments. Then we will add an option to also pay for Tutanota with cryptocurrencies.”

The Germany- based firm has confirmed acceptance of three cryptocurrencies including Bitcoin. In a twitter poll conducted by the company, all the nominated digital currencies, including Bitcoin, Ether, and Monero received 16% to 27% of the votes. Demand for other virtual coins like Litecoin and Verge, also surfaced.

The development in the technology comes after a delay of around seven months when it was tired of incorporating the anonymous payment options last year in December. According to the recent post on the website, the company had to rebuild their email client and reset all their operations to ensure speed and to inculcate new features.

The statement on the website read, “we had to postpone adding cryptocurrency support as we realized that we had to rebuild our encrypted email client from scratch to improve performance, design and for being able to add new features at a faster pace.”

Beta version of the brand new encrypted email client and its android app are out, with iOS app next in line waiting to be launched.

It is also worth noting that Tutanota is not the first privacy oriented company to come up with the idea of encrypted payments. Switzerland based Protonmail commenced the cryptocurrency payment options a year ago. The protonmail users can recharge their accounts using Protonmail credits, a particular currency exclusive for them to carry on transactions.

The move made by Tutanota comes at a time when experts are optimistic about what future holds for cryptocurrencies. With Bitcoin’s ETF (Exchange Traded Fund) application under process with the US SEC, it will be interesting to see if events unfold in favour of cryptocurrencies.

Leave a Reply

Please Login to comment
Notify of