Digital CC Rebrands As Digital X, Switches Focus From Bitcoin To Software
DigitalBTC, an Australia-based bitcoin mining company, has decided to bolt the cryptocurrency business to focus on software development, according to ZDNet. The company announced at its annual meeting it would change the name of its parent company, Digital CC, to Digital X. The company, which trades on the Australian Securities Exchange (ASX), said it is changing its focus from bitcoin as a mechanism for storing value to software development. The company also announced it is entering its second phase of beta testing for AirPocket, a cash remittance product it rolled out in May. Digital CC....
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Former bitcoin miner and transaction processor Digital CC has terminated all bitcoin related operations by rebranding to Digital X to focus on its remittance product and blockchain-based software development AirPocket and Digital X Direct. The company said: The Australian Securities Exchange-listed company made the decision due to the continuous decline of its bitcoin related operations and the termination of partnership between cryptocurrency mining company Mintsy and Digital CC earlier this month. "The rebranding represents a strategic change from a focus on bitcoin as a mechanism to....
Bitcoin moves up and down. It's unpredictable and uncontrollable, and no one really knows where it may turn next. To a degree, the same thing can be said about its popularity, as now mining platform and transaction processor Digital CC has decided to end all bitcoin operations and rebrand to the new, all-powerful Digital X. Some are seriously asking why. Has the company suddenly had a change of heart? Is bitcoin suddenly not all it's cracked up to be in the eyes of Digital CC, ahem, Digital X? Speaking to CoinTelegraph, the company explained: "The re-branding represents a strategic change....
The foundation apparently does not intend to create its own digital wallet, however. Its' goal is to make it easier for companies to create wallets for themselves. The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation (OWF). The OWF is a collaborative effort between companies in the technology and public sector, as well as stakeholders within the blockchain ecosystem, to develop open-source software to support the interoperability of....
The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products. The blockchain technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse.Formerly known as Elrond, the company will move forward under the new name MultiversX with the introduction of three new metaverse-forward products. xFabric, xPortal and xWorlds are the three new tools behind the rebrand, all of which aim to help metaverse creators and users. The tools include a metaverse portal, digital....
Bitcoin startup BitX has officially rebranded as Luno, a transition that finds the firm shifting focus to the European market. For the startup, which was founded in 2013, CEO Marc Swanepoel said the new name isn't about shifting away from bitcoin. Rather, he says it's about creating a brand that's both easily digestible and that doesn't bring to mind the connotation that the firm is only an exchange service. "I think some companies rebranded because they wanted to move into blockchain," he said. "We are totally the opposite: our website and products, we're very focused on....