eBay CEO: We Are 'Actively Considering' Bitcoin Integration
eBay CEO John Donahoe told shareholders at the annual meeting in San Jose, California, yesterday that the company is "actively considering" integrating bitcoin with PayPal. When asked by a shareholder about bitcoin's potential role in global trade, Donahoe responded by saying that the digital currency "will play a very important role in the future", eCommerce Bytes reports. While Donahoe said he couldn't envision exactly how bitcoin could become a more mainstream technology, he suggested that eBay is considering direct involvement with the digital currency, saying: "Exactly how that plays....
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Though eBay does not accept Bitcoin directly as a form of payment, its jointly developed integration with BigCommerce may expose over 165 mln of its active buyers to the top digital currency. The two companies announced the availability of the new integration on Thursday, Nov. 11 as a way to enable BigCommerce merchants to select products from their catalog and begin selling to millions of eBay users, without the need for third-party apps or custom development. BigCommerce merchants that choose to sell on the marketplace can take advantage of its centralized inventory management and order....
Multinational e-commerce giant eBay has filed two cryptocurrency-related patent applications. Published by the US Patent and Trademark Office (USPTO) last week, the applications were both submitted on 18th April last year. According to the filings, eBay wants to patent a "distributed cryptocurrency unauthorised transfer monitoring system" and a "distributed cryptocurrency reputation system". Ebay's filings come after the USPTO published Coinbase's applications for nine bitcoin-related products and 21 Inc's filing for a digital currency mining circuitry patent. Speculation about eBay's....
John Donahoe, CEO of online e-commerce marketplace eBay and its subsidiary PayPal, has once again hinted strongly that he sees the integration of bitcoin into his companies' offerings as inevitable. His new statements suggest that bitcoin may be more than simply on eBay's "radar screen" as he has previously suggested, and follow his May declaration at a shareholders' meeting that the company is "actively considering" integrating bitcoin into its online payment gateway, PayPal. In a new interview with CNBC, Donahoe reiterated that he expects bitcoin to play a role in the company's future....
eBay CEO John Donahoe was recently asked about a number of different topics, and wouldn't you know, bitcoin just happened to be one of them. eCommerce Bytes reports that Carl Davis, Jr. of the Silicon Valley Black Chamber of Commerce recently asked Donahoe what he thought of bitcoin with regard to global trade. Donahoe reportedly said in response that he thought the digital currency was both an exciting and emerging technology. "We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal,....
Hello from the Bitcoin2014 Conference in sunny and windy (sorry about the audio!) Amsterdam. While more than 1,100 bitcoin enthusiasts were travelling to the Netherlands this week, other exciting news was still brewing in the bitcoin world. Here are three of the biggest headlines: BitPay raises $30m in Series A funding. Atlanta-based bitcoin merchant processor BitPay raised a record-breaking $30m in a funding round - the largest-ever for a company in the bitcoin space. In this funding round, BitPay was backed by a star-studded investor group, including Yahoo founder Jerry Yang's AME Cloud....