#adoption

BitHub Africa’s Founder: ‘Achieving the Dream of Global Inclusiveness’ with Bitcoin

January 23, 2016 by Diana Ngo at Business, Interviews, News

As a hotbed of innovation in the African continent, Kenya has what it takes to embrace blockchain technology: an enabling environment, a tech-oriented population and progressive regulators. According to John Karanja, the founder of BitHub Africa and the co-founder and director of Space Kenya Networks Ltd., there is no...

Bitcoin Has Potential to Disrupt a $547 Billion Market

January 20, 2016 by Joseph Young at Business, Finance, News, Tech

Recently, Bitcoin has been described as the “copper of the Internet,” which operates as the foundation of peer-to-peer transactions and decentralized settlements. An increasing number of banks are embracing the technology behind Bitcoin, the distributed ledger technology to reduce banking and IT management costs which add up to billions of...

Bill Gates Invests in Mobile Payment Network bKash; Used by 10% of Bangladeshis

January 20, 2016 by Joseph Young at Business, News, Tech

Bill Gates, American business magnate, investor and founder of Microsoft, has officially invested in Bangladesh’s mobile service and payment solutions provider bKash. In Bangladesh, one of the world’s poorest and most severely underbanked countries, the average income is around $1,314 per year. Like many other developing countries in Southeast Asia,...

Feature Interview: Paul Puey Puts “Buzz” into Bitcoin with Airbitz “2.0” and Fold

January 20, 2016 by Michael Scott at Business, Entertainment, Interviews, News

Like a caffeine-infused jolt, Airbitz’s announcement late last year that it will be promoting bitcoin by offering discounts at Starbucks (20%) and Target (10%) has energized cryptocurrency enthusiasts worldwide. This initiative is part of a collaborative partnership with Fold, a digital card app that was seamlessly integrated onto the Airbitz...

BitPay Collaborates with Leading Dutch Companies to Grow Bitcoin Adoption in Europe

January 18, 2016 by Joseph Young at Business, News

BitPay, a leading bitcoin payment processor and merchant solutions provider, has been collaborating with several Bitcoin startups and technology corporations in the Netherlands to raise Bitcoin adoption across Europe. In early 2015, BitPay observed an explosive growth in the number of transactions and payments in Europe. The BitPay team told...

Serving Up Bitcoin in the Restaurant Industry: An Interview With Shawn Owen, COO of Southern Concepts.

January 18, 2016 by Michael Scott at Business, Entertainment, Interviews, News

As Bitcoin’s future continues to take shape, stories regularly emerge on the next biggest innovation, million dollar capital raises, and alleged nefarious acts on the part of bad actors. What receives little media attention is the on-the-ground, day-to-day use of bitcoin for business and commerce. Enter Southern Hospitality, a brand...

Blockchain Accelerator BitHub Africa Launches in Kenya

January 15, 2016 by Diana Ngo at Business, Finance, News, Tech

Space Kenya Networks Limited, a web design and application development agency based in a Nairobi, Kenya, has launched BitHub Africa, a blockchain technology-centric accelerator program that aims to become the country's largest bitcoin startup incubator. According to its website, BitHub Africa — not to be confused the Cape Town-based BitHub incubator — will help spread...

Xapo CEO Wences Casares Joins PayPal’s Board of Directors

January 13, 2016 by Joseph Young at Finance, News

PayPal Holdings, Inc., an American online payments operator, has announced the appointment of Wences Casares, CEO of Bitcoin startup Xapo, to its board of directors. Starting January 12, 2016, Casares has officially begun to serve on PayPal’s Compensation Committee as the ninth member of PayPal’s board of directors, to help...

Startups Raise Mainstream Bitcoin Awareness and Adoption in the Philippines

January 13, 2016 by Joseph Young at Business, News

Since the beginning of 2015, financial experts and bitcoin enthusiasts have explored the applications of the Bitcoin blockchain technology in the traditional finance sector. As a result, a growing number of Bitcoin startups have begun to switch their business models toward the blockchain technology, to guide banks and established organizations...

The BTCMANAGER Weekly News Round-up – Jan. 9, 2016

January 9, 2016 by Eliot Harkin at News, News Digest

We’ve compiled some of our top stories from the week. For full articles and up-to-date news and bitcoin prices, visit our website or click on the links below. It's been a busy week for bitcoin as its price went shooting up amid global financial turmoil. Here is how the news looked...

LetsBrik Capitalizes on Bitcoin to Offer VOIP International Calling

January 8, 2016 by Joseph Young at Business, News, Tech

LetsBrik, the world’s first entirely web browser based communication platform, announced the full release of its software after 12 months of open beta. The San Jose-based startup will offer HD video chat, low-cost international calls and international SMS services to customers world-wide through various payment options including Bitcoin to help...

Plutus Successfully Tests Bitcoin-based NFC Payment Mobile App

December 31, 2015 by Joseph Young at Business, Interviews, News, Tech

U.K.-based bitcoin startup Plutus.it, the creator of Bitcoin-powered contactless NFC payment application, has recently run a successful test of its mobile app at several NFC-enabled locations, including the American supermarket chain Whole Foods. The platform is still in closed alpha stage of development. Since the beginning of 2015, the Bitcoin industry has...

How Societies Default to Decentralized Currency During Crises

December 30, 2015 by Gil Gildner at Commentary, News

One of the primary problems with the use of a fiat currency issued by a central bank is that it leaves the common users, residents of the issuing country, vulnerable to the decisions made by the policy-makers. In the case of many developing countries, this leaves citizens economically helpless when...

Bitcoin For Everyone: 5 Great Everyday Uses

December 28, 2015 by Jamie Holmes at Commentary, News

Bitcoin has come a long way since its inception in 2009, and its acceptance among merchants is growing day-by-day. This means that the ways we can spend Bitcoin is steadily increasing. Initially, e-commerce companies were the most open to accepting the crypto-currency but this has now extended to internationally-known brands...

Cashila Enters the European Remittance Market; Enables Payments in Bitcoin

December 27, 2015 by Joseph Young at Business, News, Tech

Banks and established financial institutions are extremely inefficient in processing international payments from the United States to Europe, primarily due to regulatory requirements and overseas financial policies. Emerging European remittance applications, platforms and outlets such as Transferwise offer low-cost remittance payments, but fail to address major problems such as speed...

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