• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight

BitShares Munich Launches Successful 13-Day Pre-ICO

Bitcoinist
by Bitcoinist
8 years ago
·
Posted in Altcoin News, Altcoins, Blockchain, FinTech, Start-Ups
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

BitShares Munich is building the future of digital payments.

Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or services.

BitShares Munich Announces BlockPay, Holds Successful ‘Pre-ICO’

BlockPayAfter securing a considerable financial footing following their recent pre-initial coin offering (pre-ICO), the Germany-based independent software development company is poised to deliver on their prospective vision to reshape the digital payment landscape for businesses and consumers, on a global scale.

The company’s crowdsale wrapped up on Sept. 5, ending after 13 days. BitShares Munich raised 1,095 bitcoin (BTC), roughly US $657,000 at the time of the sale’s end.

According to Christoph Hering, founder and CEO of BitShares Munich, there are 100 million BlockPay tokens in total but only 6.5 million were distributed during the pre-ICO, with more to be given out in a future coin offering.

“We distributed to a minimum of 550 holders who will be able to trade the BlockPay tokens immediately on the decentralized OpenLedger Exchange,” said Hering.

The BlockPay tokens are currently listed on CoinMarketCap.com, CryptoCompare, CoinGecko, and at the native explorer of OpenLedger and Bitshares.

On LinkedIn, chief operating officer at Net One Systems Singapore Pte. Ltd., Toshikazu Masane, expressed his interest and support when the sale came to a close, stating, “I invested some to this pre-ICO. I am looking forward to the future success.”

The company’s vision, according to Hering, is one that is digital currency agnostic and is a zero-cost point-of-sale (POS) solution for merchants worldwide, which is what BlockPay is, in a nutshell. It also allows, from the consumer’s perspective, the ability to use their favorite Bitcoin wallet like MyCelium, Jaxx or Circle to pay in-store.

BitShares Munich just released the latest version of the technology, BlockPay “S”, at the Google Play Store. In addition, the company will be releasing BlockPay for Odoo in the weeks to come.

BlockPay supports all digital currencies like Bitcoin, Steem, Ethereum, Dash and Smartcoins. In addition, the system has a built-in Loyalty Points feature and eReceipts capability. The BlockPay point-of-sale system can also run standalone (as a free application) or integrated with existing systems like Odoo (formerly known as OpenERP (Enterprise Resource Planning)).

Odoo is an enterprise platform businesses can use to easily manage the basics of the company, for example, warehouse management, human resources, finance, sales, accounting and more. There are an estimated 50,000 businesses worldwide using Odoo.

BlockPay is globally adaptable, available in 44 languages, and is compatible with existing systems and technologies such as vending and ticket machines, explained Hering.

But also key to BitShares Munich’s vision are Echo and Stealth, which will, according to the company’s roadmap, form a trio of technologies that could, by 2017, revolutionize the respective spaces or vertical markets they currently occupy.

Next year, the organization plans to launch a second crowdsale for the release of Echo, which is described by Hering as a modern peer-to-peer, encrypted social messaging and digital payment application.

According to BitShares Munich, “Echo will enable anybody to exchange encrypted chat and social media messages via the InterPlanetary File System (IPFS), a content-addressable, peer-to-peer hypermedia distribution protocol, transforming digital payments thanks to modern blockchain technologies.”

Additionally, the company’s third product, Stealth, is targeted at privacy. Hering posted to Steemit roughly a month ago: “We are proposing to continue the development of the Stealth smart contract (beyond Blinded Transfers) which will be used to facilitate total anonymity and untraceability of the sending/receiving accounts and amounts.”

Digital currency Dash’s PrivateSend capability draws similar comparison. By having a decentralized mixing service within the currency, Dash is able to offer users complete privacy when they use it.

It is certainly crucial for one’s personal privacy but also business interests. Being able to trace by whom and where funds are going opens the door to unsavory tactics by competing interests. Thus more and more digital currencies are looking to incorporate such capabilities.

Visit bitshares-munich.de and blockpay.ch for more information on BitShares Munich and BlockPay.

Disclaimer: Brandon Kostinuk, the author of this article, is communications lead at Vanbex Group. BitShares Munich is a client of Vanbex Group.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Follow

Bitcoinist is the ultimate news and review site for the crypto currency community!

Full Profile

Related Posts

altcoins-prets-a-exploser-septembre-2025

3 altcoins prêts à exploser en septembre 2025

1 day ago
Ethereum

Ethereum Smart Contracts Become Latest Hiding Spot For Malware

1 day ago
TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

2 days ago
Japan Post Bank Blockchain

Japan Post Bank To Issue Digital Yen In 2026—$1.3 Trillion Deposits Go Blockchain

3 days ago
acheter-token6900-avant-claim

Dernières 24h pour acheter TOKEN6900 avant le claim !

3 days ago
Ethereum

Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond

3 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • minwer

    XRP Holders Can Earn $10,000 a Day Through COME...

    10 hours ago
  • BTC prices hit a two-week high, and holders flocked to GMO...

    10 hours ago
  • miner

    Cardano (ADA) Market Outlook: Long-term Potential Passive...

    10 hours ago
  • etnminer

    How to Play to Earn Crypto in 2025: Discover 6 Most...

    16 hours ago
  • miner

    BAY Miner Cloud Mining App Launches with ETH and BTC Users...

    16 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.