• 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: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
  • 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: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
Quicksilver taxi

QuickSilver Coin Takes Aim at Cab Companies

Clay Michael Gillespie
by Clay Michael Gillespie
Last Updated: November 16, 2016 5:39 pm
·
Posted in Altcoin News, Altcoins, News, Services
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

QuicksilverThere’s a groundswell currently brewing in favor of Uber and Lyft, two ride-sharing companies that are shaking up the taxi industry. Hailing a cab is now as easy as opening an app on your phone, complete with nice cars and competent drivers.

Payments are even seamless, as both companies never allow the trade of currency in person. It’s all done from the phone, directly through the app, no tip required. In fact, it’s so seamless that one would think either company would integrate crypto-currency into their platform.

Neither company, Lyft or Uber, has made a move toward cryptocurrency yet, but a new altcoin on the market has a vision to change that game altogether. In fact, they want to target traditional cab companies and get them in tune with crypto-currency first. They want to make integration as easy as possible for the companies that have been in the game the longest.

The QuickSilver Plan

The new currency is called QuickSilver coin, and it just raised 173 bitcoins (approximately $34,000) during their initial coin offering.

“Uber has shown us that going large in the global transportation industry with just a mobile application and a dream is more than possible,” they said during their announcement. “Regulatory bodies have shown us that taxicabs have a better and more long-standing reputation in the time that we currently live in. Quicksilver seeks to capitalize on this paradigm shift by bridging the gap with what can truly be a foot in the door into a whole new way of doing things.”

Lead by developer Benjamin Harrison, who has been dabbling in altcoins for more than a year, QuickSilver coin is a proof-of-stake coin that sits at an annual rate of 6 percent. Prior to the presale on Bittrex, 5,000,000 coins were expected to be on the market. However, the leftover coins were destroyed and the supply dropped to less than 3,500,000.

According to their roadmap, after crowdfunding, Harrison plans to work on the coin’s infrastructure. After that, promotional materials and websites will follow. Then, the plan is to identify partners in the New York City taxi industry.

It looks like it might be a slow road ahead of QuickSilver coin, but for many in the altcoin community the downtime is understandable. While some want to see key partnerships from the beginning, others see this as a time to build organically, similar to other popular currencies like bitcoin and litecoin.

“Adoption is a challenge for any cryptocurrency that has ever existed, including Bitcoin,” Harrison said. “Taking full advantage of the minimal fees as well as quick transaction times and of course the decentralized mindset that crypto itself is founded upon it is only a matter of time before cab companies either jump on early or jump on late.”

What do you think about the project? Let us know in the comments below!

Images from QuickSilver coin and Pixabay

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.
Clay Michael Gillespie

Clay Michael Gillespie

Follow

Clay Gillespie a writer and reporter for many different platforms across the tech industry. He holds a B.S. in Journalism and Public Relations from Ball State University, and freelances for different clients in technology and cryptocurrency. For more information, visit his personal website, claygillespie.com.

Full Profile

Related Posts

Биткоин

Институциональные инвесторы ускоряют перераспределение биткоина

10 hours ago
Top kriptovalūtas, kas jāapsver tagad, kad Nvidia sasniedz 5 triljonus dolāru

Top kriptovalūtas, kas jāapsver tagad, kad Nvidia sasniedz 5 triljonus dolāru

12 hours ago
트럼프 밈코인

트럼프 밈코인 급등세…금리인하로 시장 반등 속 맥시도지 차세대 대장주 부상

13 hours ago
trump токен

Меме токенът TRUMP поскъпва след понижения на лихвите. $MAXI може да е следващият голям хит сред меме койните

13 hours ago
비트코인 하이퍼

비트코인 하이퍼, 비트코인 미래를 바꿀 확장형 레이어2 공개

13 hours ago
CZ

CZ Vs. Warren: Crypto King Threatens To Take US Senator To Court

15 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • What XRP Tundra Means for the Future of XRP in the DeFi Ecosystem

    What XRP Tundra Means for the Future of XRP in the...

    11 hours ago
  • kcex-trading-showdown-bonus-review-tw

    ...

    13 hours ago
  • trump токен

    Меме токенът TRUMP поскъпва след...

    14 hours ago
  • Czhang on How LBank Is Using AI and 100x Tokens to Shape...

    16 hours ago
  • Is Staking Crypto Worth It? XRP Tundra Presale Offers 12% APY

    Is Staking Crypto Worth It? XRP Tundra Presale Offers 12%...

    1 day 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.