Removing Barriers from Bitcoin's Evolution Will Accelerate its Adoption
Bitcoin is the first large-scale, peer-to-peer, cryptocurrency platform experiment that has a real chance to make a significant impact on how we use money around the world. To begin to understand it, you need to think of it as an open "money platform", and not just a new type of currency. Once you detach its currency-related speculative and volatile characteristics; within its own ecosystem, Bitcoin attacks the traditional money supply chains and breaks down traditional barriers and conventional practices. That is why it is feared by some, misunderstood by many, and embraced by the early....
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Bitcoinist.net recently had a Q&A with DC POS to discuss their new point-of-sale system. ”We expect to have thousands of merchants accepting bitcoin with DC POS by the end of calendar 2014″. Q: How did DC POS come about? Our Managing Director and founder Mike Nelson wanted to do something positive to accelerate Bitcoin adoption. He realized that Bitcoin needs to move from a speculative economy to a transactive one. Mike thought about the barriers that might prevent bricks and mortar businesses, and set about building a business system that made accepting bitcoin simple, fast and secure.
Stellar Development Foundation (SDF), a non-profit organization focused on the growth of Stellar blockchain, has launched a $100 million fund to accelerate native smart-contract adoption. Soroban, the smart-contract platform that builds on the Stellar network, will incentivize funds among developers to create new tools and applications for better network performance. Opposite to the current market […]
What started as an early experiment by the state of Illinois to offer insurance services on a blockchain has expanded into a formal state-wide initiative. Announced today at Blockchain Conference Chicago, the Illinois Blockchain Initiative, a first-of-its-kind consortium comprised not just of companies – but of five government agencies, is a far-reaching measure aimed at not only making it easier for startups to innovate but removing barriers for the government to build with blockchain. In conversation with CoinDesk, Secretary of the Illinois Department of Financial and Professional....
Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector. The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s adoption of Bitcoin (BTC) as legal tender in April. The initiative aims to attract businesses and global crypto talent/enthusiasts, ramp up local BTC adoption and oversee the rollout of crypto regulatory....
With all eyes of the financial world on Bitcoin and Blockchain this year, what should be the legal framework of the new technology entering the official fintech zone? Who will be responsible for any financial losses? CoinTelegraph spoke to key speakers John Jegutanis and George Papageorgiou at the 2nd Athens Summit - The Evolution of Commerce and the Digital Finance Forum 2016 about Blockchain and its contribution to the evolution of commerce. Adoption of Blockchain and Bitcoin in Cyprus and Greece. John Jegutanis, Founder of Coinomi, caused a sensation with his speech at the 2nd Athens....