Bits of Proof launches 'Red Hat for Bitcoin'
A Hungarian company is about to launch an enterprise-class software product designed to make it easy for businesses to create bitcoin-enabled applications. Bits of Proof (BOP) calls the open-source software, "Red Hat for Bitcoin." The BOP Enterprise Bitcoin Server is a redone version of the core software originally designed by Bitcoin creator Satoshi Nakamoto that communicates with other computers on the Bitcoin network. Bits of Proof founder Tamas Blummer has reworked the algorithm using his own code, creating an entirely new version of the software. He then developed a messaging system....
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Bitcoin mining hardware firm CoinTerra has announced the acquisition of enterprise software company Bits of Proof. Under the terms of the deal, Bits of Proof CEO Tamás Blummer will join CoinTerra, assuming the position of Vice President of Enterprise Software, while CoinTerra will gain access to BOP assets, including its 'enterprise-ready' implementation of the bitcoin protocol. Bits of Proof (BOP) is a Hungarian software firm that builds business-focused solutions based on block-chain technology. Last year the company launched the BOP Enterprise Bitcoin Server, which it dubbed the 'Red....
In March, Bitcoin Magazine covered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive. Digital Asset Holdings uses distributed ledgers to track and settle both digital and mainstream financial assets in a cryptographically secure environment where counterparty risk is minimized, and settlement times are drastically reduced. Now, Digital Asset Holdings LLC announced two acquisitions, Bloomberg Business reports. The company bought San Francisco-based Hyperledger and Budapest-based Bits of Proof for....
On July 17, BitPay announced the launch of Get Bits, a simple solution to Get bitcoins anywhere in the world. If "What is a Bitcoin?" is the number one question asked, perhaps "How do I get a Bitcoin?" is the second most asked. Buying bitcoins is one of the biggest hurdles to getting started; that's why BitPay created Get Bits. Get Bits lets you give and receive bitcoins to your friends through your Facebook. BitPay is a payment provider used by both Newegg and TigerDirect amount others. Its strongest competitor is Coinbase, which has just picked up Dell as its newest and largest partner.....
Bitcoin is expanding its market like never before. Today, Bitcoin London showcased bitcoin startups that already exist in places like Argentina, Brazil, Israel and the UAE. The Israeli company Bits of Gold, which will launch its services this Autumn, plans on making bitcoin accessible throughout Israel, said the CEO, Jonathan Rouach. "Outside of the US and the EU, I see opportunity for the expansion of the currency", he said. At least four companies launching bitcoin-related services in the next few months attended the 2013 conference in London in the search for investors. One of them is....
Georgia-based bitcoin merchant processing specialist BitPay has announced a new tool aimed at spreading bitcoin adoption through popular social network Facebook. Called Get Bits, the Facebook application allows users an easy way to trade bitcoin in-person by helping to arrange meetings between friends on the network. Notably, Get Bits does not allow users to transact through the app. Rather, it serves as a way for independent buyers and sellers to connect via a commonly used platform. BitPay framed the launch as one that sought to use the power of social networking to boost bitcoin, while....