Rebit.ph Co-Founder: Bitcoin Doesn’t Make Remittances Cheaper (Yet)

Luis Buenaventure, co-founder of one of the best known bitcoin remittance companies in the space, Rebit.ph , has published a blog post on Medium claiming that the cryptographic currency does little to help cheapen remittances. Bitcoin remittances, better known as “rebittances” (a term Buenaventure claims to have popularized), allow customers to send cash to friends […]

Russia’s Largest Search Engine Yandex Interested in Integrating Bitcoin

Russia’s largest search engine and Internet-based services provider Yandex is interested in integrating bitcoin to its financial platform Yandex.Money, to allow its merchants to accept payments in bitcoin. At the Finnopolis FinTech Forum held in Kazan, Yandex.Money CEO Maria Gracheva announced that the company is looking forward in supporting bitcoin payments. In an interview with […]

Globalizing Digital Currency — Trends, Gaps, Opportunities

This is a guest post by Michael Haley, Operations Manager at AlphaPoint.AlphaPoint is a financial technology company that powers digital currency exchanges and provides institutions aggregate access and order routing to digital currency markets. Right now, there are active digital currency markets running 24/7 in at least 45 national currencies.1 That is, there are digital […]

Edge Security Revolutionizing Privacy and Security

Airbitz is trying to introduce a new security protocol that doesn’t rely on a central server to store sensitive data. Airbitz Edge Security presents an alternative to centralized security platforms whose nature makes them “hackable” and easy to be compromised. While the common EdgeSec protocol works on centralized devices such as routers, the Airbitz Edge Security […]

Gartner Symposium to Discuss Smart Contracts and Programmable Economy

Smart contracts are one of the biggest applications being explored for blockchain, as this could revolutionize how data is stored among institutions and how asset transfers are managed. The Gartner Symposium aims to discuss the “programmable economy” – a term it has coined in 2014 – to understand how new technologies such as the distributed […]

Tunisia Taps into Blockchain Payments System Thru Monetas

A vast majority of the population in Tunisia is unbanked, giving rise to the need for an alternative payments system. The country is currently able to tap into the blockchain technology or distributed ledger to be used for its mobile payments platform under Swiss software startup Monetas and the La Poste Tunisienne or postal office. Monetas […]

Bitcoin Price Meandering In Corrective Mode

Bitcoin price struck a corrective low earlier today and has since reacted to the upside. However, as is usually the case during downward price corrections, there are now plenty of technical barriers to the upside. If price is to advance from the current chart position, it still has a few resistance layers to surmount. This […]