Growth in mobile payments spells opportunity for Bitcoin
With the value of mobile payment transactions expected to reach $721 billion (US) globally by 2017, the slice of the pie for Bitcoin's taking is growing. This year alone, the value of mobile payment transactions is forecast to total $235.4 billion, a 44 percent jump from 2012's $163.1 billion, according to the latest figures from Gartner. The leading uses for mobile payments are money transfers -- which are said to account for 71 percent of 2013's total transaction value -- and merchandise purchases at 21 percent. Though bill payments are expected to grow by 44 percent this year, their....
Related News
The world of gaming is changing, with some games now integrating digital currencies into their platforms using the blockchain. One example is Spells of Genesis (SoG), a blockchain-based mobile card trading game, that is scheduled to soft launch in Canada and Switzerland this month. In October, creators of Spells of Genesis, the Swiss-based EverdreamSoft, teamed up with All 4 Games, the mobile video game arm of Channel 4 Television based in Glasgow. The partnership has contributed “significant and welcome improvements to Spells of Genesis” thanks to the “experience with mobile games and....
How do you regain your mantle as champion of a genre you pioneered? Everdreamsoft’s answer is Spells of Genesis (SoG), an innovative new mobile trading card experience combining arcade ease and its own, innovative currency for iOS and Android devices. A Look Into Spells of Genesis. Everdreamsoft’s first foray into trading card gaming (TCG) was with 2009’s Moonga, garnering 250,000-plus downloads and being one of the first free-to-play experiences on the AppStore. Now they’re pushing the mobile gaming envelope once again by focusing the most important aspect of any gaming experience: The....
Spells of Genesis remains one of the most interesting projects to make use of blockchain technology. The reason for this is quite simple: the project has been in development for quite some time now, and the team recently released the early beta for their mobile card game. This early beta release also marks the second milestone for Spells of Genesis since....
It’s been a busy few days for EverdreamSoft, makers of the highly-anticipated blockchain game, Spells of Genesis. In two separate announcements, the company revealed a partnership with the popular UK Channel 4 and launched a new Bitcoin.com trading card for Spells. EverdreamSoft Partners With Channel 4 to Improve Spells of Genesis. On October 10,....
The study also surveyed households all over the country to see how mobile money affects them. Mobile money is becoming the new norm in developing African countries. Projects such as M-Pesa have seen tremendous success in Kenya, as it allows more females to create a business career for themselves. More importantly, mobile money has aided nearly 200,000 households to escape poverty, which is an impressive number. All of this spells good news for BitPesa, which offers the same prospects, but uses Bitcoin instead. The new study published in Science magazine this week paints an intriguing....