Why Bitcoin Needs 21 Inc to Deliver in 2016
You may not have heard the name Balaji Srinivasan, but in 2016 his name could very well come to be synonymous with another more infamous 'b' word – bitcoin. Since mid-2015, Srinivasan has been the acting CEO of bitcoin’s best funded startup, 21 Inc, a $116m technology firm that is in the midst of radically reinventing itself as a platform for developers and consumer services. While the company has inarguably struggled to communicate its larger vision, the idea is perhaps more simplistic than is suggested by the grand and technical terminology that often accompanies the company’s sparse....
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More than 40 independent and local shops in the UK are now accepting bitcoin. Some of them don't even know about it. As of April 1st, We Deliver Local, a UK-based e-commerce solution for local shops added bitcoin as an official payment method. We Deliver Local allows registered customers to buy products online from their nearby greengrocers, butchers, fishmongers and delicatessens. The company also provides a delivery service for a flat fee of £2 where drivers pick up all the orders from shops and bring to the customers' address. Below is a short video produced by We Deliver Local on how....
Can the surge continue? A review of bitcoin’s 2016 performance indicates the cryptocurrency’s fundamentals are such that the party is far from over. With incoming U.S. President Donald Trump promising a fiscal spending binge that could push the $20 trillion U.S. debt even higher, the fundamentals that have served to more than double bitcoin’s price this year could deliver even greater gains in 2017. A combination of events, beginning with bitcoin’s popularity as a hedge against increasingly volatile markets, set the stage for a repeat performance in 2017, if not better. The cryptocurrency....
Bitcoin-accepting Trees, a former medical cannabis dispensary that made headlines with its vision to deliver dank buds via drone, has pivoted towards becoming a marketplace in conjunction with building a payment processor. Its emphasis is on allowing cannabis businesses to become their own banks through blockchain technology. Trees: Alternative Medicine....
CoinDesk today announced that Delaware Governor Jack Markell will deliver the opening keynote for Consensus 2016, its 2nd annual blockchain technology summit, which will be held May 2–4, 2016, at the New York Marriott Marquis. Governor Markell will give a special presentation unveiling for the first time details surrounding "The Delaware Blockchain Initiative", which includes projects designed to draw new blockchain technology businesses to the state. In addition to the Governor's keynote, members from the Delaware Department of State and the State Bar Association will....
2016 has been an excellent year for Bitcoin in many respects. Scalability innovations like Segregated Witness have been introduced to the Bitcoin community, many successful Blockchain and Lightning Network tests have taken place and many new markets have turned to Bitcoin as a viable currency option. The price of Bitcoin has been a major positive in 2016 as well, with its value up by well over 75 percent. Now, Dec. 1, 2016, marks the highest Bitcoin price measured in over two and a half years. New Bitcoin high for 2016. According to BitcoinAverage, the price of Bitcoin passed the $760 mark....