FireEye Founder: Bitcoin Could Secure Our Global Payments Infrastructure
The promise of digital currency technology and its potential applications has drawn a number of investors to the ecosystem, each with unique backgrounds and expertise. For example, bitcoin mining company PeerNova announced in July that it had received funding from Ashar Aziz, a cybersecurity entrepreneur and founder of noted malware protection solutions provider FireEye. Aziz explained in a new interview with CoinDesk that the strengths of bitcoin are most obvious when you look at the infrastructure of today's mainstream payment systems. This infrastructure, which he labeled primitive,....
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Digital currency tech firm PeerNova has reportedly received a pre-Series A investment by cyber-security expert Ashar Aziz, according to a Tuesday morning announcement. Aziz founded FireEye, a malware protection system, in 2004 and served as the company's CEO until 2012. Today, he's serving on FireEye's vice chairman of the board and chief strategy officer. "As cyber threats proliferate and get more sophisticated, I believe that crypto-ledgers like Bitcoin's block chain will play an increasing role in recording the exchange of valuable assets," he said in a statement relating to his....
While Bitcoin as a global currency still continues to receive heavy criticisms due to its inability to process small payments, it remains as one of the very few currencies that is able to secure international remittances and transactions. At the same time, for years, Bitcoin’s ability to process secure and low cost cross border payments has been significantly underrated and undervalued. With Barry Silbert-led Digital Currency Group’s (DCG) investment in 18 Bitcoin exchanges, Bitcoin infrastructure in most regions is rapidly developing. According to DCG, the monthly volume of cross-border....
Updated with additional comment from bitcoin community. Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally. The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple's event in Cupertino, California, on 9th September. Apple Pay is integrated with existing infrastructure, including Secure Element and Touch ID, while the iPhone 6 introduces near-field communication (NFC) functionality, enabling tap-and-go payments for....
Xapo has been focusing on building its infrastructure to become the most secure bitcoin storage service on the digital currency ecosystem. Since the beginning, this has been the company main focus and to support and accelerate their aim, Wences Casares, Xapo Founder and CEO, has recently announced the company was moving its headquarters to the global financial center of Zurich, Switzerland. It looks like the company's primary deep cold storage vault is also located in Switzerland, and at the request of our expanding global customer base, the company believes now is the time to bring their....
Bitcoin payments processor Bitnet and global digital payments infrastructure company Limonetik formed a strategic partnership to allow merchants to accept bitcoin as a payment method on the Limonetik payment platform, regardless of either which country they are in or where they are targeting their business. Currently, Limonetik customers are able to make payments through traditional means like credit or debit cards. With this partnership, e-commerce merchants and marketplaces can easily be able to add bitcoin to their list of payments on their checkout pages. Bitcoin Payments Option. "We....