Telecom Giant Orange to Back Bitcoin in Silicon Valley

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....

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....

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....

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....

Richard Waters, writing in Financial Times, is reporting that Silicon Valley's A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley's venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, some of Silicon Valley's heavy hitters bought into the $20 Million funding round for Xapo. This list included none less than Reid Hoffman of Greylock Partners, Mike Volpi of Index Ventures attracting funding from the deep pockets of Max Levchin, Yuri Milner as well as Jerry Yang, the co-founder and former CEO of Yahoo!. But this....