Report: Mobile Industry Should Embrace Bitcoin or Get Left Behind
Mobile operators need to prepare for the shift to digital currencies if they want to remain competitive. That is the takeaway from a report published by European consultancy firm Reply, which also urges the mobile industry to avoid past mistakes. The report, titled 'Embracing Bitcoin: Why Mobile Operators Should Prepare for the Digital Currency Shift', examines the benefits and pitfalls associated with digital currencies, and makes the case that this rapidly advancing technology is already hitting the mainstream in some respects: "It is now benefiting from a surge of interest, investment....
Related News
The Blockchain has begun to disrupt not only the financial sector, but also the telecommunications sector. Looking to discover how the Blockchain might influence the sector, CoinTelegraph interviewed Blockchain developers, Jonathan Nelson and Derick Smith, the telecommunication expert, Lee Gibson Grant, and the businessman, Stephen Rowlison. Monopolies are in danger. Cointelegraph reached out to Jonathan Nelson, a developer at Butterfly Labs. CT: Are mobile operators in an ideal position to embrace Blockchain technology? “Disruptive innovation in Blockchain applications from the....
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo, founder of Footprint to Africa, has argued that a timely embrace of cryptocurrencies by African governments would be beneficial to the continent’s growth prospects. In his remarks published by the Vanguard, Oparaugo, who was co-host of a Decentralized Finance (defi) event in Nigeria, suggested that African countries cannot afford to lag behind when it comes to crypto. After....
JPMorgan Chase and consultants Oliver Wyman have joined calls for traditional investment banking to “embrace the Blockchain” or be left disadvantaged. JPMorgan: ‘Get Off the Sidelines’. In a joint report issued last week, the firms described the current industry mood as “a consensus… forming that [Blockchain] is the real deal.” “Disregarding it is a....
A survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31.7% of those surveyed see crypto as a legitimate alternative to the U.S. dollar, while 40% still slightly favor fiat cash. The Impact of Money Creation The Satoshilabs survey, which assessed the awareness of cryptocurrencies among the different demographic groups, sought views from more than a thousand Americans across the country. Writing in a blog that explains the survey’s....
The mobile business is booming in recent years, and many companies are trying their hand at creating addictive mobile games. Developing such games takes time, money, and effort, leading to a few possible solutions to monetize these games. Most developers opt for in-game advertising in between levels, or while browsing the menus. But it seems like that business model is no longer sufficient. Monetizing any type of content in the online or mobile industry is not an easy task. Even though most people consume all types of content on their mobile devices these days, that doesn’t mean there will....