Money 20/20: BitPay Announces New Mobile App
On Monday morning at the Money 20/20 conference in Las Vegas, BitPay announced the launch of their new BitPay App, a user-friendly bitcoin wallet that spans across all parts of BitPay’s ecosystem, including the open-source CoPay. BitPay Makes Big Announcement at Money 20/20. In a partnership with Intel, BitPay is enabling users to act as their own banks through securing private keys directly on ones device. The BitPay App features a multi-signature wallet, password selection and an onboarding flow to educate new users about Bitcoin. Moreover, users will be able to trade Bitcoin within the....
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On the tails of Bitcoin Black Friday, BitPay Inc. announced a new record of processing 55,288 of bitcoin merchant transactions in November. BitPay continues to sign on new merchants daily and most recently released a new merchant pricing model and merchant directory. Taking the lead in the payment processing space in the Bitcoin community, BitPay also brought on Virgin Galactic as a merchant to go as far as facilitate the acceptance of Bitcoin for flights to outer space! BitPay onboarded over 3,000 merchants and also worked with Shopify to integrate BitPay into its checkout process to....
Belgian mobile carrier Mobile Vikings has started accepting bitcoin payments - claiming it is the first telecom operator to do so. The company's service is available in Belgium and the Netherlands. Payments can be used to top up credit or to buy new SIM cards and gift vouchers. A press release from the operator reads: "With this new method of payment, Mobile Vikings anticipates the demand of its early adopters, who were not only the first to join Mobile Vikings, but were often the first to purchase bitcoins, and now want to cash these virtual coins." Mobile Vikings have decided to employ....
Further continuing its growth, bitcoin payment processor BitPay announced on Wednesday that they've opened their European Headquarters in Amsterdam. The announcement comes not long following the opening of other company offices, which include New York and San Francisco and Buenos Aires, Argentina. These are in addition to the company's home office in Atlanta, Georgia. BitPay's Amsterdam office will be responsible for handling sales, implementation, and merchant support. The company says they have about 7,000 merchants in Europe at this time, with a goal of acquiring 30,000 merchants by the....
Decentralized Authentication. Chew on that for a bit. But why is it needed? Here’s what Bitpay said about this: But how? How is a decentralized authentication system possible? Inspired by the same elliptic-curve cryptography as Bitcoin, Bitpay proposes to use SIN, or system identification number. Originally proposed by Jeff Garzik, Bitcoin Core Developer, SIN is intended to be a fully decentralized, anonymous, secure identity. SIN also has the following features: On top of these, there is the chance for two SIN’s, type-1 and type-2.
BitPay's point-of-sale app Bitcoin Checkout has been nominated for the Retail App of the Year award at the Contactless & Mobile Awards to be held in London this April. The revolutionary app improves the customer experience by allowing them to accept Bitcoin payments on a mobile device. Bitcoin Checkout utilizes the NFC (Near Field Technology) which allows its users to transfer the funds by just establishing a radio connection and tapping their phones. "We want to show the world that this combination of NFC and Bitcoin technology really is the most secure, frictionless solution out there,"....