New startup ShoCard is building a digital identity system that encrypts and embeds sensitive information onto the bitcoin blockchain, removing the risk of a third party losing that data. The company is still in its early stages, but founders say they’re already in talks with financial institutions to start implementing ShoCard as verification for online purchases. Also Read: Blockchain Apparatus Launches a New Trusted Will System ShoCard was presented this week at the TechCrunch Disrupt
BitSeed is an interesting company to keep an eye on in the next few months, as they are determined to bring more nodes to the Bitcoin network. And that is needed, as the more nodes we have, the more secure the Bitcoin network is at any given time. Interested parties can now purchase one of BitSeed’s Bitcoin Node, and contribute to the network from the luxury of their home. Also Read: All About The Blockchain
Crypto Vault, a company that focuses on cold storage for cryptocurrencies, has created “Vault Coin,” made with nickel-copper alloy with high heat resistance. Each of these coins are numbered individually so it is easy to keep track of what currency is being stored on what coin and adds a small bit of collector value. Also read: SendChat Tightens Bitcoin Security With BlockTrail Partnership In an interview with Bitcoinist, Kyle O’Brien, a founder of the company, said
Social messaging is an emerging trend on a global scale. With so many ways of communicating with other people around the world, it could prove to be an interesting way of increasing Bitcoin awareness and adoption. And there are several applications trying to merge the best of social messaging and digital currency into an easy-to-use platform. SendChat is one of those platforms, and they are focusing a lot of providing top notch security. Also Read:
News powered by Bitcoinist.net Article by Drew Cordell As a continuation of my Blockchain series, I will be covering the potential of the blockchain for the purpose of voting reformation. In order to properly cover sidechains, I need to continue to dig into the knowledge base regarding the technology to learn more about the technology before I write about it. Sidechains are a revolutionary idea for Bitcoin, and it deserves to be reported well. In this part
Ribbit.me, the first blockchain based rewards program, is beginning the launch of Marketplace.life. According to the email, sent out to users, Marketplace.life is “the first-ever p2p marketplace where buyers and sellers earn RibbitRewardes for each transaction and can transact in nearly all fiat and digital currencies”. Also Read: Interview with Ribbit.me Reward programs typically are a hassle for both the consumer as each company has their different one, and companies must pay for the costly
At this point in time, with Bitcoin becoming increasingly relevant in the mainstream, outside observers are becoming less skeptical and are now genuinely curious about the currency’s potential. They have accepted that Bitcoin’s code is strong, and arguments that Bitcoin has no “real” value are waning. Many people in the mainstream no longer question whether Bitcoin can be integrated into the global financial system, but instead speculate on how it will be integrated. Also read:
Spells of Genesis is a new mobile game that combines trading cards with an arcade, similar to Magic the Gathering but with an epic style role play. The most important aspect of this game: it will use blockchain technology as well as Bitcoin for its game economy and storyline. It will be the first one to do so, making it one of the most innovative and interesting games on the scene.
In the midst of the press surrounding Netki’s recent partnership with Holy Transaction, the company also announced the launch of its new Wallet Name Service. Also read: Netki and HolyTransaction To Lower Bitcoin Barriers to Entry Netki was founded in 2014 with the immediate plan to remove barriers of entry for consumers interested in Bitcoin. By pursuing this goal, the company hopes to foster mass-market adoption of digital currencies like Bitcoin and Litecoin. A common criticism of
Due to the controversial nature of this service Bitcoinist has pulled this article. Disclaimer: Bitcoinist is not responsible for goods and services provided by CoinCard, CPIGroup or its subsidiaries. Bitcoinist does not endorse the products and services provided in the sponsored article. Use at your own risk.
One of the main concerns people have regarding Bitcoin payments is the fact that you always need an Internet connection in order to broadcast transactions to the network. For most of us in the western world, this is not a problem. But in the areas where Bitcoin could do some good — like Africa, and South America — Internet connectivity is scarce, which creates an issue. bitSIM wants to make Bitcoin and blockchain transactions available to
If we want to achieve a critical mass in terms of Bitcoin some day soon, we will need a lot more use cases for everyday consumers. Despite having the option to pay bills in Bitcoin and even receive [part of] your monthly wage in BTC, neither of these services are targeting a large market where Bitcoin payments could make a difference. But that is about to change, thanks to the efforts made by Bankymoon, a
Bitcoin company Circle Internet Financial has completed a funding round of $50 million with help from banking firm Goldman Sachs and venture group IDG Capital Partners. Circle is also updating its core services to enable the transfer and storage of US dollars, which are insured by the FDIC and not subject to bitcoin’s volatility. These functions run parallel to Circle’s existing infrastructure and expand its scope of financial services. Also Read: Wall Street and Silicon Valley
Security has always been a big concern for the crypto currency industry. Since its emergence security has always been a very important issue, too big for businesses and entrepreneurs to ignore. The growing need for increased security led to the development of enhanced applications like 2FA to guarantee complete security for companies trying to act in the crypto currency ecosystem.
BitGo, a company known for its expertise in Bitcoin security, has recently announced a partnership with TradeBlock, an online cryptocurrency data provider. Bitgo offers many products such as BitGo Enterprise — an enterprise-grade, multi-sig, multi-user bitcoin wallet — and BitGo Platform API, a robust set of tools and services to access the underlying platform. Also read: ShapeShift.io Adds Tether USD To Its Instant Exchange Traders use Tradeblock to receive detailed information about current trading environments. Miners can
Server security is an important issue for internet hosting, and many companies turn to dedicated server suppliers for secure hosting. MaxiDed aims to provide ideal solutions to clients looking for server hosting, listing thousands of server configurations and offering customer service in English and Russian. Also read: Robocoin’s “Romit” Software Tackles Remittance Markets Serves in 72 Countries with More Than 400 Technical Experts The company was founded in 2007; since then it has expanded its
Robocoin, an early bitcoin ATM manufacturer, is rebranding itself as Romit and debuting new software aimed at the international remittance market. The features will go live at existing Robocoin ATMs around the world, as well as internet-enabled cashiers who install the Romit application. The technology leverages the bitcoin blockchain in order to provide cheap money transfers at rates competitive with Western Union and MoneyGram. Also read: Casinos, Las Vegas & Bitcoin ATMs Robocoin was one
Article by Kyle Torpey The Bitcoin Foundation has been wrapped up in controversy throughout its entire existence, but the non-profit organization could turn a new leaf with the appointment of Bruce Fenton as the new executive director. Fenton delivered a clear, concise presentation about the future of the Bitcoin Foundation at Inside Bitcoins NYC 2015, and he made some statements that could possibly grab the attention of even the most adamant haters of the foundation. Throughout his talk, Fenton
Here is Bitcoinist’s day 3 coverage of the Inside Bitcoins New York conference! Also read: Inside Bitcoins New York Day 2: Afternoon and Evening Solving Real Business Problems with the Blockchain Peter Kirby, President of Factom, opened day 3 of Inside Bitcoins New York with his lecture on using blockchain technology to solve real business problems. Factom, Kirby’s blockchain project, builds on top of the Bitcoin blockchain — much like how many useful applications are built on top of the
Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin gets exchanged, and the transaction is not recorded on the blockchain These kinds of transactions are beneficial because they can be made instantly, without waiting for miner confirmations, and without paying miner fees. Because of these characteristics, off chain transactions can make for
Overstock has filed a prospectus with the SEC (the Securities and Exchange Commission) and asked permission to issue up to $500 million in stock that is controlled by a Bitcoin-like network. The new concept may transform the way the traditional stock market is perceived. However, permission is still awaited from the SEC. Also read: Interview With Overstock CEO, Patrick Byrne The filing to the SEC reads: “We may decide to offer securities as digital securities…the ownership
Here is Bitcoinist’s coverage of the afternoon and evening sessions of the Inside Bitcoins day 2 coverage! Also read: Inside Bitcoins NYC Presentation Day 1 (Morning till Noon) DigitalFX: A New Asset Class for Investors After the lunch break, Brian Kelly, contributor for CNBC’s Fast Money, Founder and Managing Member of Brian Kelly Capital LLC, and author of The Bitcoin Big Bang, took take the stage to talk about investing in Bitcoin and start-ups in the Bitcoin world. According
When it comes to Bitcoin adoption and awareness, most of the money is flowing in through Chinese Bitcoin exchanges. Several major players, such as BTCChina, OKCoin and Huobi, are coming up with various tools and features to give them a competitive edge. And it is OKCoin who has come up with the very first Superwallet, a tool that gives mainstream consumers access to Bitcoin technology in the native currencies, starting with CNY. Also Read: OKCoin