Bitcoin, Ether, Sterling - BitGold CEO Darrel MacMullin Talks the Future of Money
While the fintech world is yet to see the implications of the DAO hack and Brexit, CoinTelegraph attended MoneyConf in Madrid to collect expert opinions on the future of money. In-between the inspirational keynotes and thought-provoking panel discussions CoinTelegraph had a chat with Darrel MacMullin, CEO of BitGold. MoneyConf is an invite-only event organized by experts behind Web Summit, the world’s fastest growing technology event, and focused on the future of finance. This year more than 1500 decision makers from across the industry, including over 100 exhibiting startups looking to....
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The company BitGold has just recently announced its mobile one-time and recurring payment feature through its platform. Users can now send reserves of the shiny precious metal in digital form via Android and IOS systems. All transactions within the system are always settled in vaulted gold. As global markets crash today, cryptocurrencies like Bitcoin and precious metals like gold have remained solid investments. The faster we can transact with these assets the better. There will always be companies who want the legacy trust involved with Gold (AU) and the speed of Bitcoin-like transactions....
BitGold Inc. has announced the public launch of the BitGold platform, a software service that connects gold storage with payment networks, resulting in a banking-like platform for gold. The announcement refers to the BitGold platform as a "new global operating system for gold." In fact, BitGold is a digital payments platform that connects gold stored in real-world vaults with online payments. Though the BitGold press release emphasizes that BitGold is not a cryptocurrency like bitcoin, there are similarities. In particular, the BitGold platform allows for the quick settlement of gold....
Bitgold Review. This Bitgold review discusses how the gold payment startup BitGold acquired the operations and intellectual property of the leading consumer gold storage company GoldMoney.com. The acquisition of the company will be in exchange for 1,169,794 common shares in BitGold, a public company trading on the Toronto Stock Exchange. GoldMoney, since its founding in 2001, has amassed 20,000 customers, 135,000 user sign ups and manages more than $1 billion in assets. In a BitGold press release, the startup said the acquisition will lower its operating cost and give them a ready-made....
BitGold has raised $3.5 million from venture capitalists to fund their attempt to digitize gold. BitGold Inc. (not to be confused with Bitreserve's similarly-named bitgold) has just concluded a $3.5 million investment round ahead of its Q1 launch. The company hopes to make gold a viable payment medium once again by offering a multi-faceted platform that includes a gold exchange, a custodial vault, and a payments service. Also read: Gold And Silver On The Blockchain: DigitalTangible Partners With Agora Commodities. BitGold Inc. Concludes $3.5 Million Investment Round. Gold has served as a....
BitGold designed a new software that automatically links buyers to bullion dealers and storage companies. With this move, the company makes it easier for people to own gold as a hedge against inflation and as a store of value. The Toronto-based company began offering its service to the public in May and had already racked up more than 168,000 global users by the end of July, with about $7 million in transactions. BitGold pairs together the ease and convenience of digital payments and online gold savings with the integrity and stability of gold. The company's mission is to make physical....