37Coins Plans Worldwide Bitcoin Access With SMS-Based Wallet
Startup 37Coins has created a universal bitcoin wallet that can be used on any cellphone, aiming to provide people around the globe with better access to financial resources. The service allows consumers to pay in bitcoin from any mobile device with SMS functionality via a 'gateway' in the user's country of origin. This means that the benefits of the digital currency can be accessible to people who arguably stand to benefit the most, like those in poorer regions of the developing world and areas without advanced communications infrastructure. As Jonathan Zobro, one of the company's....
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After almost a month, the price of bitcoin is back up to $500. Are you doing a little happy dance? So are we! (Don't worry: it doesn't appear in the video). Check out some of the biggest headlines from last week leading up to the price rise. 37Coins plans SMS-based wallet: Startup 37Coins has created a universal bitcoin wallet that can be used on any cellphone. The service allows users to pay in bitcoin from any mobile device with SMS functionality via a 'gateway' in the user's country of origin. This news is a step in the right direction to deliver worldwide bitcoin access. FAC sees....
Bitcoin remittance startup 37coins is closing its doors. In a new blog post, the company said it was shutting down its service and its SMS-based wallet. However, users have until 30th December to withdraw their balances. More information about the withdrawal process can be found here. The closure marks the end of a process that saw the startup take part in Plug and Play's bitcoin startup group. 37coins aimed to use low-cost cell phone technology as a means to enable cheap transactions, but according to the team, development ran into headwinds that ultimately proved insurmountable. The post....
Bitcoin remittance service 37coins has announced that it will be closing shop and will no longer be offering its SMS-based wallet. Users have until the end of the year to withdraw their balances before the company's official closure. This bitcoin remittance startup aimed to use low-cost cell phone technology as a means to enable cheap transactions. It was able to take part in Plug and Play's startup group before its development team ran into major headwinds. Bitcoin Remittance Shutdown. "Despite the best of intentions, we were unable to deliver a quality product that showed product-market....
Amidst all of the adulation and positive energy surrounding Bitcoin these days, it may seem like the series of mining closures of 2014 seem like a decade ago. Alas, there are some casualties to speak of today, as 37Coins, who has been a popular Bitcoin wallet provider since 2013, has shut its doors. Big hopes and dreams of providing the over 2 billion unbanked with Bitcoin accounts started their venture. Making a simple destination for Bitcoin newbies to make digital currency transfers worked in the short-term. 37Coins started off fast and was an attractive alternative to massive wallet....
Singapore-based Payment Solutions Provider CoinPip has teamed up with 37Coins to bring an SMS wallet to the region. CoinPip is excited to offer the opportunity for consumers to pay in bitcoin from absolutely any mobile device with SMS functionality. The company has gained attention with their BOOST events, promoting Bitcoin throughout the region in an intimate setting with a hands-on and educational approach. They saw a real need to rapidly integrate this service for their users on Apple devices or with dumb phones. Co-founder of CoinPip, Anson Zeall, is planning to expand to Hong Kong and....