With new technologies, it takes a while for regulation to catch up. Blockchain technology is no exception. While we are slowly beginning to see standards emerge, the reputation of blockchain is still marred by the criminal aspects of bitcoin.
Major financial institutions such as JP Morgan are finishing up blockchain technology pilot tests and other businesses are starting to jump on board, as well. But is blockchain tech worth the hype?
It is no secret that bitcoin has problems gaining a mainstream audience, but one company has attempted to solve the issue by allowing users to send bitcoin via Twitter.
Bitcoin and mobile wallets have the same issue essentially. While they are interesting tools, most consumers don't see a reason why they need to use them.
Banking giants are moving toward the blockchain at an increasingly aggressive pace. But, are they right for the blockchain? Will their efforts translate into apps? What does it mean for the bitcoin industry?
Bitcoin recently celebrated its seventh birthday. It has come from humble beginnings, but this year bitcoin prices and blockchain tech are ready to explode.
Virtual Currency Today, a sister publication of Mobile Payments Today, recently spoke with Bryne Reese about his money transfer company Uphold and what role bitcoin can play with today's financial services.
Zimbabwe residents recently went through horrific hyper inflation, which eventually led to the abandonment of their national currency altogether. Bitcoin could be the solution not only to Zimbabwe's problems but those of financially underserved populations in Africa.
Bitcoin has an aura of rebellion, danger and newness that gets much of the media attention. However, the technology powering bitcoin has remained in the background until recently.
Do food and bitcoin mix? What does the virtual currency offer to restaurants specifically?
When the New York BitLicense landed last month, it created a massive storm of protests. It brought the debate on virtual currency regulations front and center.
With remittance fees as high as 12 percent, many migrant workers are stuck in a bind. Hence, some migrants are turning to bitcoin "rebittances" as a less expensive alternative.
Apple Pay already has jumped to the forefront of mobile payments in its short lifespan, and it appears ready to make the jump into kiosks as well.
Bradley Cooper, who is the Technology Editor at Networld Media Group, takes a dive into the cryptocurrency and offers a high-level view of the market.
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