Telecom Major Orange to Fund Bitcoin Startups in Silicon Valley
Bitcoin seems to have cultivated a habit, and it's definitely a good one - to attract bigger and better names into the industry. After several banks and tech giants announced their foray into the Bitcoin ecosystem, a telecom giant has become interested in the technology behind the disruptive digital currency which has forced the world to stand up and take notice. Orange SA is reportedly looking to invest in Bitcoin start-ups in the coming months. Georges Nahon, the Chief Executive Officer of Orange Silicon Valley said, "There's something intriguing in this technology, so we want to be....
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French telecom carrier Orange is looking to invest in Bitcoin startups in the coming months, Bloombergreports. Orange (formerly France Telecom), one of the largest telecom firms worldwide, is now one of the first big international phone carriers to become interested in the technology behind the digital currency. "There's something intriguing in this technology, so we want to be there as early as possible," said Georges Nahon, CEO of Orange Silicon Valley. "This could be a digital platform of the future." Orange Silicon Valley has been holding Bitcoin events at its offices in San Francisco....
The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg.
Bitcoin payroll service Bitwage is joining six other startups as part of an incubator backed by French telecom giant Orange SA. The startups represent the fifth class of startups included in the Orange Fab incubator, which began operations in 2013. Companies that take part in Orange's incubator, according to the firm's 5th November announcement, will work with mentors, receive hands-on training and conduct business out of a San Francisco workspace owned by Orange Silicon Valley (OSV), the telecom's US-based outfit. Bloomberg reported earlier this year that Orange was looking to invest in....
While several companies are trying to bring Bitcoin to mobile payment systems, one of the world’s biggest telecom providers has plans to invest in Silicon Valley’s Bitcoin startups. Orange SA, France’s leading telecom provider, and worldwide brand name, has grown fond of the technology powering digital currencies and wants to see how it can benefit its products in the future. Early Adopter Phase For Blockchain Technology. One of the things you have to admire is that a major brand such as Orange SA is looking past the Bitcoin’s volatile price and is focusing on the important bit. Many....
Recently, there has been a lot of chatter about the heavy investments that are pouring in the Bitcoin ecosystem. Wall Street investors have started to embrace the transformative potential of the revolutionary blockchain technology that gives birth to new Bitcoins as a reward for successful verification of transactions. Bitcoin startups have also started receiving financial support from giants of various industries such as the telecom major Orange which announced its plan to fund such projects in Silicon Valley. Several other tech leaders such as IBM, Samsung and banks including UBS have....