Bitcoin Exchanges Should Consider Integrating Microsoft Authenticator
Keeping in mind how this solution is available on iOS as well, it would make sense for Bitcoin exchanges to integrate it. If there is one thing people should have learned from the Bitfinex hack, it is that security remains of the utmost importance. While users can’t do much about platform security beyond their control they should take appropriate steps to protect their own account. The new Microsoft Authenticator, which is now available on Android devices, may start making its way to Bitcoin exchanges soon. There us nothing worse for Bitcoin users to have funds stolen from their account....
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It takes more than one key to send bitcoins with Bitcoin Authenticator. One of the main reasons that certain individuals don't like the idea of using Bitcoin is that they're afraid a hacker will be able to steal their bitcoins from their desktop computer. Although a person can do everything in their power to make sure their computer is not compromised, the reality is that there's no such thing as 100% security. This poses a serious issue for a digital currency that uses irreversible transactions as one of its core principles. Bitcoin Authenticator is a new security plugin for Bitcoin....
Security has become a very important issue when it comes to Bitcoin wallets, and the ecosystem is always in constant demand for new features and innovative developments. The Bitcoin Authenticator is a new open project aiming to bring new developments and innovations to the Bitcoin security industry, and the first to introduce a Bitcoin wallet that offers a practical decentralized wallet security solution. The development team has also designed a decentralized, two-factor authentication (2FA) application that sits on top of the wallet. The Alpha version of the Authenticator is already....
Microsoft also Exploring Blockchain Technology for the IoT "World of Distributed, Connected Devices"
Since starting to accept Bitcoin earlier this month, Microsoft has not started offering Bitcoin acceptance globally, or for all of its products. Currently, users that wish to load their Microsoft accounts with Bitcoin are limited to $1,000 a day and $5,000 maximum. Microsoft seems to be waiting for further clarification on Bitcoin regulation before moving forward with their Bitcoin plans. Like many other companies, Microsoft is willing to try Bitcoin acceptance, which has clearly defined tax treatments, but is reluctant to do anything else thus far. BitPay Chairman Tony Gallippi has....
Microsoft, the famous multinational corporation that powers much of the world's computing infrastructure with its Windows OS, now accepts Bitcoin online for its digital products. Microsoft users, in America only for now, can even fund their Microsoft/Windows Live or XBox Live accounts using Bitcoin, at the current exchange rate. Once Microsoft's Bitcoin acceptance is at 100%, businesses and end users alike can pay for services such as Azure or even Windows Phone apps. Once Microsoft starts accepting Bitcoin worldwide, the frictionless transactions will truly begin to flow. With $86.63 b in....
Nuspay, the California-based fintech company offering tokenized global digital and cryptocurrency payment network has announced that it will be opting for Microsoft’s Azure cloud services for its Next Generation Digital Currency Platform. According to Nuspay, the company has zeroed in on Microsoft’s Azure services for its ability to ensure reliability, scalability, security and stability in its cloud computing services. The announcement, however, doesn’t come as a surprise for Microsoft Azure, as the service has already gained maximum adoption in digital currency sector. Just recently, a....