Circle's Bitcoin Banking Platform is Savvy Bid for Mainstream Market
Circle Internet Financial lifted the veil on its introductory product last week, providing CoinDesk with an extensive preview of what Circle.com will offer to the general market when it moves out of invite-only testing and past version one of its core offering. The company revealed the first hints about what was to become Circle.com in March and, since then, it has been gradually ramping up development of its product while slowly expanding its pool of invited users. First previewed at the Bitcoin2014 conference in Amsterdam this May, Circle largely delivers on its promise of providing a....
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Barclay enters into a partnership with Circle, allowing the bitcoin-based social fund transfer application to use its infrastructure to transfer Pounds Sterling. Barclays, the British banking giant is not new to digital currency and blockchain technology. The bank, known to encourage and work with innovative technologies has taken another step in that direction by announcing its recent partnership with Circle, a bitcoin social payments application. According to the partnership, Barclays, the mainstream banking major will be offering its infrastructure for a private company to deliver....
After months of working with customers in an invite-only phase, today Circle opened their initial service to the world. Circle is a new kind of Internet-centric consumer financial service, one that the average person would find enjoyable and powerful, built on the promises of Bitcoin - instant, global, secure, free transactions. The Circle announcement states their objectives: Create an experience that is fast, beautiful, and enjoyable to use. Online banking applications stink. We wanted an elegant design aesthetic that would appeal to digital natives. Reduce the friction that so many....
Roughly one week after Circle unveiled its first product, co-founder and Chief Technology Officer Sean Neville has addressed some lingering questions about the company and its market goals. In a post on popular blogging platform Medium, Neville discussed a host of topics, including how the company will plan to monetize its service, how it will deal with bitcoin's price volatility and how it aims to insure customer funds from security threats. Overall, Neville framed the post as a way for the company to respond to the many "reasonable questions" Circle had received from the community after....
Circle, the financial company favors federal regulations as it will open up new opportunities for the sector. What happens to be the whole ecosystem’s pain point can be the pleasure center for few. At least that’s the impression Bitcoin Industry has of Circle, the payments company which started off as just another Bitcoin product. Circle has recently called for broader regulations for the Bitcoin and digital currency sector. While there are speculations that Circle’s proposal is driven by the company’s recent attempts to partner with mainstream financial institutions with a great deal of....
An exciting partnership between Barclays and Bitcoin exchange Circle could lead to a slew of new features and innovations in the digital payment industry. Moreover, this is very positive news for Bitcoin as well, as the European bank is letting Circle use their existing infrastructure to provide real-time conversion from GBP and EUR to Bitcoin, and vice versa. Circle – A New Era Of Bitcoin and Banking? Up until this point, very few banks have been keen on the concept of Bitcoin, although they all seem to see high value in the underpinning blockchain technology. In fact, consumers have had....