London startup develops NFC-enabled Bitcoin mobile app

Plutus, a London-based startup, has announced the development of a new NFC-enabled mobile app that will enable users to send bitcoin payments to more than 32 million merchants worldwide, according to a press release. The company said the app will use the blockchain to enable users to convert bitcoin to fiat currency and then load […]

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Microsoft joins the Bitcoin movement

Microsoft launched a cloud-based blockchain platform on Tuesday with Brooklyn-based start-up ConsensYs, which will allow financial institutions to experiment cheaply and easily with the technology underpinning bitcoin. The blockchain works as a huge, decentralized ledger of every bitcoin transaction, which is verified and shared by a global computer network and therefore is virtually tamper-proof. The […]

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BitcoinPeople Morning Digest #2

Left wing people have a problem with the libertarian element of Bitcoin. Following the Mt. Gox affair, Japan says that Bitcoin regulation should be international. Bitcoin and Ethereum are among the techologies that will decentralize the world in the future. As expected, BitTorrent has integrated Bitcoin payments into their client. Bitcoin is steady at $565. […]

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Bitcoin: How its core technology will change the world

One of the more advanced concepts being touted for a next-generation Bitcoin is the idea of decentralised autonomous corporations (DAC) – companies with no directors. These would follow a pre-programmed business model and are managed entirely by the block chain. In this case the block chain acts as a way for the DAC to store […]

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