New Bitcoin Exchange Says Australia is Ideal Location
A new bitcoin exchange launched yesterday in Sydney, Australia, with an aim to improving general consumer confidence in the digital currency market. Called Independent Reserve, the exchange is promoting both itself and its Australian base as secure and well-regulated, saying the country's AAA credit rating and political stability made it the ideal place to locate. It will aim first at the local and New Zealand markets before expanding overseas to the financial centers of Asia, though says it already has the ability to electronically verify customers in minutes from over 20 countries by....
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Western Australia is an under-served area as far as Bitcoin exchanges go. West Australia alone is as large as Western Europe, a region that encompasses nine countries. Despite the Internet's tendency to shrink the planet, Bitcoin is a store of value, which entails risks all its own, so the creators of Digital World Ventures, the company which is backing DWVx, believe that people in Western Australia will feel more comfortable dealing with a local exchange. To this end, they are planning to have a physical location for people to deposit cash in order to buy Bitcoin. DWVx runs on Alphapoint,....
Bitcoin exchange Bit Trade Australia is holding the first Bitcoin scholarship of 7 BTC to a first-place contestant who submits a 1500-2000 word essay on the topic of whether Bitcoin will change the world. Second place winners get 3 BTC, and third place wins 2 BTC. Who decides whose essay is best? A panel of experts, according to Bit Trade. "We're incredibly excited to be able to facilitate education and knowledge sharing around Bitcoin," says Ronald Tucker, who heads marking at the exchange. There doesn't seem to be any age or location restrictions, so if you're interested, give it a go!....
A new bitcoin exchange has launched in Perth, the largest city and capital of Western Australia, a rural state with roughly one inhabitant per square kilometer. Called Digital World Ventures (DWV), the bitcoin-only exchange will aim to target consumers across the country who want trade between the Australian dollar (AUD) and bitcoin by leveraging exchange software provider AlphaPoint. DWV director James Clarke and co-founder Ian Davies suggested that despite his company's location, he believes it has much offer a market he characterized as lacking a strong approach to customer service or....
The Australian government-owned Australia Post has unveiled plans that it will conduct tests through digital voting via the blockchain technology in a bid to reduce costs and improve efficiency. The plans have been met with criticism from a prominent privacy consultant. Recently a submission was presented to the Victorian Electoral Matters Committee by the Australia Post who intend to operate electronic elections utilizing the blockchain technology. According to ZDNet, the postal service thinks that with the use of digital voting it will improve on convenience, better counting, reduced....
Jordan Kelley, CEO of Robocoin, wants everyone in the world to own Bitcoins. His kiosks are paving the way to get there. Bitcoin is booming in Australia. Companies are sparking interest of major investment firms, startups appear everywhere and, in just a few days, Sydney will see the arrival of two Bitcoin ATMs. 100 ATMs in the coming months. The first ATM will be installed in Pit Street Mall. The place is known for its selection of over 500 specialty stores and shoppers will now also be able to obtain digital currencies while shopping. Pit Street Mall's ATM will be installed by Australian....