Bitcoin-based Bitbetex wagers on peer-to-peer betting success
Just days after SatoshiDice sold for almost $12 million, another bitcoin-based online betting site has started up, but with a key difference. Bitbetex is a peer-to-peer betting system, that allows anyone to bet on anything with someone else. Currently in beta, the site works by allowing someone to offer a bet on pretty much anything (in the explainer video, someone bets on the outcome of a football match with Spain). When offering a bet, a person also chooses the odds. They can either back a bet (betting that something will happen), or they can lay a bet (betting that something won't....
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Gambling is one of the oldest forms of entertainment in the world. Putting a wager on the outcome of an event — sports, political or anything else — seems to bring out the best form of competition in humans. But even the world of gambling has to evolve to keep up with technological innovations, and it seems like peer-to-peer wagers are the way forward.....
Discreet log contracts even the odds for peer-to-peer sports betting on Bitcoin. Bettors have a fairer chance when sportsbooks lose their advantage.
New cash-to-cash remittance company, Cashaa, ends its three months testing period and claims to have a success as it plans to fully go live. According to co-Founder and CEO at Cashaa, Kumar Gaurav, the company started their trading platform BTC2BID to test and validate their model on April 3, after which a London office was established about two months later, while the development centre remains in Mumbai, India. Strictly peer to peer transactions. Gaurav tells Cointelegraph that Cashaa is a peer to peer cash remittance company, which involves a cryptocurrency traders network to receive....
These new regulations will also have an impact on Bitcoin in China. Since cryptocurrency does not fall under these regulations, it may become the new peer-to-peer lending option. Peer-to-peer lending has always been a very popular trend in China. That is not entirely surprising, as the country is keen on innovation and embracing new trends. But there have been a fair amount of problems with P2P lending in China over the past few months. New rules have been announced, which will put a vice grip on this innovative business model. At its core, any peer-to-peer service should not shut down....
The Journal of Peer Production, an academic publication dedicated to exploring, investigating and promoting what they consider to be the emergence of a new, peer-to-peer, economic model in society, hasannounced a call for papers for a special issue of their journal on the topic of "value and currency in peer production." The Journal of Peer Production has covered a wide range of topics in the area of peer-to-peer economy, ranging fromfile sharing in Sweden tothe emergence of governance in the open source FreeBSD project and evendo-it-yourself biology, and is now looking for answers to one....