India's Zebpay Adds 20,000 New Users Monthly, Looks to "Expand More Aggressively"
Zebpay, an app-based bitcoin exchange, has just crossed the 100,000 downloads milestone for Android and iOS devices, highlighting "India's growing interest in bitcoin as an investment, commodity and technology." Eyeing a user-base of more than 450,000 by the end of 2016, Zebpay is now in the process of raising additional funding to "expand....
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China is steady with Bitcoin. For those who have been following up, you will agree that so much has been happening around India too of late. It is however pertinent at this early point to look at a perspective that points in the direction of how these additional developments in India would impact other parts of the world - particularly Africa. Bitcoin Rise in India. The recent Unocoin funding round led by early-stage investor Blume Ventures, for example, is one of them. It has been trumpeted as a complement to other positive Bitcoin-related developments in India such as Zebpay’s recent....
If Ayn Rand were involved in the bitcoin or crypto world, she might well identify "consensus" as an "anti-concept". The anti-concept, she said, is a "rationally unusable term". It conveys an approximate sense of meaning, but lacks the precision needed to fully communicate an idea. "In the realm of cognition," Rand said, "nothing is as bad as the approximate." "Consensus" mischaracterizes the decision-making processes that exist around bitcoin. Adoption or non-adoption of network software says nothing about the broader....
It’s been referred to as a "revolutionary technology" by IBM, and a "once in a generation opportunity" by PricewaterhouseCoopers. But perhaps the most descriptive title came from The Economist when they dubbed blockchain "the trust machine". It is a breakthrough in computer science that holds the promise of reducing the cost of establishing and maintaining trust for both individuals and organizations. "Blockchain" is a relatively new term that refers to a specific type of computer database. The Oxford English Dictionary defines blockchain as "a....
India is a very attractive market for most of the Bitcoin companies. The country has its own homegrown Bitcoin companies and there are many international ones who are looking to set up shop in India. Zebpay is one such homegrown Bitcoin company. NewsBTC caught up with Sandeep Goenka, Co-founder of Zebpay and asked him a few questions. Here is what Sandeep had to say. NewsBTC: Can you tell us a bit about Zebpay? Sandeep: Zebpay is the world's simplest Bitcoin app. For regular people who are not geeks, using Bitcoins has a learning curve. You have to understand concepts like Bitcoin....
Over a hundred people gathered at the St. Regis in Mumbai December 15 to discuss the state of Bitcoin and the potential of blockchain technology in India. Neha Punater, partner and head of fintech at KPMG in India, and a speaker at the BlockZero conference, highlighted the possibilities and opportunities offered by blockchain technology. Punater told the audience: "Blockchain has the potential to crash cycle time and reduce costs across diverse areas such as settlement, trade financial, clearing, etc. It will enable an efficient and secure way of recording and maintaining identities,....