Uphold Vice President of Product Byrne Reese Explains What is the "Internet of Money"
Bitreserve, this last Wednesday announced it was rebranding to Uphold. Uphold was the selected name the company picked up for the rebranding as to launch a set of new functionalities, new products and services, while strategically positioning themselves to satisfy the industry growing demands. Bitreserve opened its doors last year; the company offered online Payments services for both consumers and businesses and now is aiming for a new shift to help Uphold satisfy the Industry needs. Bitreserve opened with a simple belief that if money could be changed, the world could be changed as well.....
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Bitcoin startup Bitreserve is becoming a full-fledged financial services company and rebranding as Uphold. CEO Anthony Watson announced the move with a post titled " Welcome to Uphold. The Internet of Money." A press release notes that Uphold wants to be the world's leading cloud-based money platform, connecting the legacy and fragmented financial ecosystem with the future of money and finance. Uphold will be a members-only, member-to-member financial service for individuals, businesses, charities (including nonprofits and nongovernment organizations) and developers. Watson, former Nike....
The Voxelus virtual reality (VR) content creation platform is making its VOX currency available on the Uphold cloud money platform in a beta pre-sale. Uphold users can order VOX on Uphold before its general release on March 30, 2016, according to Anthony Watson, president and CEO of Uphold Inc. Voxelus allows users to create VR games and experiences without having to rewrite code. It offers a VR player app that plays content using the desktop content tool on Samsung VR or Oculus Rift and is developing even more features. Uphold in November launched the ability for U.S. members to fund....
Uphold’s recent decision to enable Ether trading on its platform marks another sign of recognition by both the financial and the open source developer communities’ of Ethereum’s unique potential. CCN on Wednesday reported that Uphold users can now buy or convert fiat currencies (USD, EUR, and GBP) or other digital currencies, including bitcoin, to Ether, the token value of the Ethereum blockchain. With its inclusion, Ether is now among 30 other currencies supported by the Uphold exchange. Uphold also announced a partnership with payroll service startup Bitwage to allow users to receive....
Speaking to investors during Overstock.com's fourth-quarter earnings call on 30th January, CEO Patrick Byrne revealed he now holds "several million dollars" in bitcoin, having recently invested in the currency. Byrne retracted earlier statements that indicated both he and Overstock would not hold any bitcoin. The outspoken exec further freed his company to hold bitcoin on the call, stating that it is "no longer bound" by previous restrictions. Notably, Byrne echoed statements made by executive vice president Jonathan Johnson at the New York Department of Financial Services (NYDFS) hearings....
Uphold has acquired Bitnet's Bitcoin-based merchant payments solution business to create Uphold Merchant Services. Uphold, the blockchain based online financial platform has announced its acquisition of Bitnet, or at least what’s left of it to create Uphold Merchant Services. Uphold’s deal follows the earlier acquisition of Bitnet’s blockchain IPs by one of its investors, Rakuten. Bitnet has been one of the familiar names in the cryptocurrency industry. The platform has been offering Bitcoin merchant payments services while researching into various other applications of blockchain....