BitHalo is a Game Changer for Bitcoin Adoption and Online Payments
Many people have been waiting for Bitcoin's killer app. This is the one app that would provide a use case where it actually makes sense for the average person to use Bitcoin on a regular basis. It seems that we may have finally have the first such app in the form of BitHalo. This new innovation from David Zimbeck comes packed with a variety of new, exciting features for online commerce as a whole, and it doesn't seem like the full impact of this new software will be felt until the full version is released. One of the main problems that Bitcoin has had up to this point is that some....
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Coin trading platform BitHalo has released a new feature called the "Advanced Payment," which allows consumers to perform peer-to-peer trading via email with bitcoin and blackcoin. BitHalo founder and lead developer David Zimberk says: "I see great potential to expand on some of the tipping movement that's helping very much to accelerate widespread adoption. There's a ton of utility in the [Advanced Payment] feature... I tested it on my sister, my friend in North Dakota and a friend in NYC. None had bitcoins before this, now they're compelled to join the movement and with the ease of a few....
BitHalo, "the world's first released working smart-contract software" announces the release of version 2.1 to compete head-to-head with the likes of Paypal and Western Union. The self-proclaimed "mother of smart contracts" launched its decentralized escrow client in July 2014 for blackcoin only. In August 2014 it added Bitcoin, making it "the world's first multi-coin client." Smart Contracts. One of the more fascinating and promising uses of blockchain technology is the ability to create Smart Contracts. These contracts are peer to peer agreements that eliminate the need for a trusted 3rd....
Is the hype over distributed ledger technology (DLT) overblown? Not according to Yves Mersch, a member of the European Central Bank (ECB) executive board. Speaking to the Deutsche Bank Transaction Bankers’ Forum in Frankfurt yesterday, Mersch said in his prepared remarks that DLT might not be a panacea for the financial industry’s ailments, but it is certainly not just a flash in the pan. DLT, according to Mersch, could be a game changer. The chance for market infrastructures and financial intermediaries to share a blockchain is unprecedented. DLT has the potential to help certain actors....
The fact that Jack Dorsey has time and again showcased his support for BTC suggests that a Bitcoin tipping jar may be in the works for Twitter. Amid all the recent price volatility seen by Bitcoin (BTC) and the rest of the crypto market, news of social media behemoth Twitter reportedly getting ready to enable Bitcoin tipping for content creators went relatively unnoticed.Reports suggest that the latest Twitter iOS beta is being devised in a way that will help BTC become part of the company’s upcoming Tip Jar module. If implemented, the move could have a substantial impact on the global....
Central banks complain today that innovation in cryptocurrency is too quick, and business adoption is too fast, for them to prepare their laws and lay down their rules as Moses did from the high mountain. Cryptocurrencies' response was to switch innovation to second gear by inching closer towards the implementation of smart contracts. David Zimbeck announced today the beta version of the "first known two-party electronic contracting system anywhere in the world" which he calls Bithalo for the protocol to be used with Bitcoin, Blackhalo for the protocol to be used with Blackcoin and....