Shopping Cart Elite COO Alex Arnaut and VP Dmitrii Tiatkov Spearhead New Cryptocurrency Chimpion

TALLINN, Estonia, December 28, 2018 (Newswire.com) - Shopping Cart Elite (SCE) is proud to endorse Alex Arnaut and Dmitrii Tiatkov as they spearhead the launch of Chimpion (CHIMP), a new cryptocurrency that is poised to revolutionize e-commerce. With the goal of accelerating the evolution of online selling, SCE has given its proprietary crypto e-commerce software to Chimpion. Chimpion has also been made possible thanks to the support of Bitcoin Diamond (BCD) and Paytomat.

Both coming from humble beginnings, Arnaut and Tiatkov started their careers in technical support at Shopping Cart Elite four years ago. Their hard work has paid off as they have climbed the corporate ladder, with Arnaut becoming COO and Tiatkov VP of operations. Together, they bring cutting-edge industry knowledge from SCE to CHIMP. Through the launch of CHIMP, the two co-founders aim to bring their shared vision of a revolutionized e-commerce market to reality. Arnaut will serve as chairman and Tiatkov as a board member.

With Alex and Dmitrii's extensive experience and passion for e-commerce and blockchain technology, I believe they are more than ready to spearhead this project.

Igor Soshkin, CEO, Shopping Cart Elite

“Chimpion is positioning itself to be the go-to provider of e-commerce solutions for cryptocurrency payments,” said Igor Soshkin, CEO of Shopping Cart Elite and an advisor to Chimpion. “With Alex and Dmitrii’s extensive experience and passion for e-commerce and blockchain technology, I believe they are more than ready to spearhead this project.”

Chimpion is a cryptocurrency payment system with a custom e-commerce and settlement backend. The platform will allow merchants to launch their own storefronts and set their altcoin of choice as a base currency denomination. Chimpion will make cryptocurrency practical and simple to use for online shopping.

E-commerce has climbed to new heights over the past decade, totaling $2.3 trillion in retail e-commerce sales and $7.7 trillion in B2B e-commerce in 2018 alone. However, security issues, payment delays and expensive fees stemming from traditional e-commerce markets continue to plague small businesses, making it a challenge for them to expand internationally.

Cryptocurrency provides solutions to many existing issues with traditional e-commerce. Since the birth of Bitcoin in 2009, cryptocurrency has drastically improved modern transaction methods. Compared to fiat currency, cryptocurrency is far superior in terms of its speed, affordability, security, transferability across international borders and ability to control inflation.

In 2019, Chimpion plans to launch in Asia, Europe, the Middle East, Africa and South America. All of these markets have historically been underserved by leading e-commerce platforms, which have focused primarily on the North American market. Chimpion’s presence will catalyze early adoption by merchants who are keen on increasing their sales within this market. In the future, Chimpion plans to implement integrations that will allow merchants to sync the inventory from Amazon or Shopify stores to their crypto e-commerce stores with a single click.

Ultimately, Chimpion’s mission is to create a blockchain-enabled economy by empowering merchants to adopt e-commerce through digital currency. Under Arnaut and Tiatkov's leadership, CHIMP will help businesses to enter the new generation of e-commerce.

About Chimpion

Chimpion is a cryptocurrency e-commerce platform that enables any merchant to begin accepting cryptocurrency payments online. By holding Chimpion (CHIMP), merchants can gain access to Chimpion’s robust crypto e-commerce platform for free, without needing to pay a monthly subscription fee. Chimpion was developed using technology from Shopping Cart Elite, Paytomat and Bitcoin Diamond (BCD) and combines comprehensive e-commerce features with convenient payment processing.

Chimpion’s primary goal is to drive the adoption of cryptocurrency as a payment solution by operating a rich e-commerce platform centered around digital assets. New startups and established merchants alike can become part of Chimpion’s vast network to take advantage of its fast and affordable transactions and user-friendly infrastructure.

About Shopping Cart Elite

Shopping Cart Elite is an enterprise e-commerce platform that provides businesses with various automation tools to run more efficiently. The company prides itself on being a one-stop shop that does not require third-party applications in order to have marketing and SEO tools for business.

Recently, Shopping Cart Elite has developed an advanced e-commerce platform designed specifically for cryptocurrency. This platform has already served as the basis for BCD Bazaar and has been adopted by several merchants, including Marks Jewelers, Mahone's Wallpaper Shop, NewParts, and more.

About Bitcoin Diamond (BCD)

Bitcoin Diamond is a Bitcoin fork that was created to solve the slow transaction confirmations and high threshold requirements of Bitcoin. Through BCD Pay, business owners are able to offer their products to a global market without needing to absorb expensive fees from international payments. Furthermore, with BCD Pay, business owners do not have to worry about costly chargebacks from indecisive or fraudulent customers.

Earlier this year, BCD debuted BCD Bazaar, an international marketplace that gives customers access to a wide range of products from across the world by accepting payments in Bitcoin Diamond (BCD) or Bitcoin (BTC).

Source: Chimpion