Bitcoin Exchange DWV Launches in Remote Western Australia

Bitcoin Exchange DWV Launches in Remote Western Australia

A new bitcoin exchange has launched in Perth, the largest city and capital of Western Australia, a rural state with roughly one inhabitant per square kilometer. Called Digital World Ventures (DWV), the bitcoin-only exchange will aim to target consumers across the country who want trade between the Australian dollar (AUD) and bitcoin by leveraging exchange software provider AlphaPoint. DWV director James Clarke and co-founder Ian Davies suggested that despite his company's location, he believes it has much offer a market he characterized as lacking a strong approach to customer service or....


Related News

First Western Australian Bitcoin Exchange DWVx Partners with Westpac Bank

Western Australia is an under-served area as far as Bitcoin exchanges go. West Australia alone is as large as Western Europe, a region that encompasses nine countries. Despite the Internet's tendency to shrink the planet, Bitcoin is a store of value, which entails risks all its own, so the creators of Digital World Ventures, the company which is backing DWVx, believe that people in Western Australia will feel more comfortable dealing with a local exchange. To this end, they are planning to have a physical location for people to deposit cash in order to buy Bitcoin. DWVx runs on Alphapoint,....

Western Union Launches B2B Platform for Global Payments

At the Money20/20 conference in Copenhagen, Western Union announced the launch of the WU EDGE platform, designed to provide increased transaction channels and analytics opportunities for Western Union small and middle-sized business clients. The Enterprise Digital Global Exchange (EDGE) is the new Western Union business-to-business digital platform which will make buying and selling overseas much more seamless and cheap. Given Western Union’s scale, the platform aims help business owners in the developing and developed worlds alike. Speaking to the potential impact of the platform, Kerry....

Elon Musk Criticizes Remote Work as Workers Are Increasingly Worried About Su...

Elon Musk, CEO of Tesla and Spacex, said that remote work was no longer acceptable for Tesla workers in May. According to Qatalog and GitLab, remote workers spend extra time weekly trying to prove they are online and working to their employers. But metaverse environments, a futuristic approach to remote work solutions, also raise concerns for workers about the ability their bosses have to monitor their actions. Elon Musk’s Dislike for Remote Work, ‘Digital Presenteeism’ Seen as Problem Elon Musk, CEO of Tesla and Spacex, is not a fan of remote work. In a....

100 Bitcoin ATMs to Land in Australia Soon

100 bitcoin ATMs are about to hit the streets of Australia, according to a local radio report. This weekend, state broadcaster ABC ran a short report on bitcoin during its current affairs program The World Today. It included the news that a company called Australian Bitcoin ATMs would be distributing ATM machines all over the country. The report didn't give away many specifics about the project or the company, and the brand of the ATMs wasn't mentioned. CEO Chris Guzowski said: "You can type in how many bitcoins you want to sell, then our ATM goes onto an overseas bitcoin exchange and....

Australia’s Blockchain Solar Power-Trading Suburbs Take Shape

A suburb in Fremantle, Western Australia will see its apartment owners to be among the first in the country to trade solar power over a blockchain. Solar-powered one-bedroom apartments developed by Landcorp, the development arm of the government of Western Australia are reportedly expected to be snapped up by predominantly young dwellers. These apartment-owners will soon be able to trade their any surplus solar energy over a blockchain developed by Power Ledger, a Perth startup that aims to enable owners of solar panels to sell excess energy. This beats the conventional model of selling....