Living Room of Satoshi wins Banking Industry "Startup Showdown"
A new bill paying cryptocurrency platform wins “Best Pitch” at the Technology & Innovation - The future of Digital Payments Conference recently held at the Sidney Hilton Hotel. If you are over 50 years old you probably remember sitting at the kitchen table each monday writing and mailing checks to pay your bills. Bill paying has always been either tedious or expensive and is often both. When this began to change with things like automatic bill payments and direct deposits, exorbitant fees and mistakes like overbilling started becoming commonplace. The Brisbane, Australia startup Living....
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Living Room of Satoshi, the intermediary that enables folks to pay their bills with Bitcoin, has been recognized by the wider business company for its innovation. In some ways to TechCrunch's Disrupt awards, the event is meant to highlight regional businesses who have pioneered new territory in their space. Living Room of Satoshi was one of the first companies to achieve the goal of enabling Bitcoin bill payments, and its user base has steadily grown since its launch about a year ago. Within a few months, they had done $150,000 in bill payments, charging no fees to the customer. The....
Australian Bitcoin startupLiving Room of Satoshi has resumed operations following their closure in October. Using the Living Room of Satoshi website, Australians can use bitcoin to pay any bills that utilize BPAY, an Australian electronic payment system. According to the company, the service caught on quickly; the Living Room of Satoshi processed more than $250,000 in bills from its launch in May until its closure. Also read: UK Treasury Seeking Regulation Advice From Bitcoin Community. Bitcoin Company Living Room of Satoshi Resumes Operations. The Living Room of Satoshi was forced to....
Recently, a service called the Living Room of Satoshi announced reopening its doors despite the unfair Australian goods and services tax (GST). Bitcoin business are hit hard by the GST ruling, and Living Room of Satoshi announced prior that it was closing shop due to the financial regulation. The service provides Australian residents with a way to pay bills and utilities with bitcoin while utilizing BPAY, a popular universal bill-payment system that nearly every major business uses. Through Living Room of Satoshi, Australians paid $150,000 worth of bills using bitcoin.
As Bitcoin grows in popularity, more use cases for the cryptocurrency pop up every day. This time, an Australia-based startup has created a service that allows citizens in the country to pay their household bills with Bitcoin. Paying Bills with Bitcoin. Dubbed the Living Room of Satoshi, the Australian startup allows users to pay their bills with Bitcoin by entering the details of the payment, choosing a payment system (bank account or BPay) and sending their coins to the BTC address shown. Yesterday Living Room of Satoshi tweeted: The Living Room of Satoshi’s new service supports payment....
The 2015 Australian Startup of the Year Living Room of Satoshi is having another great year of “unprecedented growth”. Now the bill payment platform has announced Dash integration allowing users to pay rent, utilities, credit cards, and tax bills with the cryptocurrency. Living Room of Satoshi Integrates Dash. Brisbane-based Living Room of Satoshi is an....