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Blockchain Startup Offers Ease of Use Improvements for Bitcoin

There are numerous challenges facing the digital currency industry, one major one is the barriers to entry in terms of usability that new adopters are faced with. However, even now during a period of heavy investment much of the interest is building new infrastructure for existing financial institutions more than innovating the possibilities of the digital currencies themselves. Startup Netki is aiming to change that with an approach that is looking to ease the issues for new users with initiatives aimed at presenting a more user friendly interface and experience for those seeking out digital currencies for the first time.

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Blockchain Weekly Recap 7-23-2016

Ethereum Hard Fork Complete, DAO Funds Rescued

Ubitquity Uses Blockchain for Real Estate Ownership Transfer

ISITC Europe Identifies 10 Benchmark Standards for Blockchain

EY Startup Challenge Returns with Blockchain Focus

Bitcoin Weekly Recap 7-22-2016

PUD to Allow Energy Rate Increase for Bitcoin Miners, ‘High Density Load Customers’ in County

Russian Anti-Bitcoin Effort Stalling

iPayYou Unveils Twitter Payment Service

European Union Intellectual Property Office Report Bitcoin Enables Piracy

Digital Currency for Commerce or Criminals?

The public perception of the digital currency industry is a vital part of its ability to grow, prosper and gain users. For a long time, many detractors of the concept of digital currency and those seeking to delegitimize the very idea of a currency outside the control of the traditional financial construct, have used the idea that Bitcoin is the domain of the criminal, used for illegitimate means to push that attempt. A recent report by researchers has thrown a more accurate light on what Bitcoin actually is used for by careful analysis of transactions. The results show that the vast majority of all business conducted in the digital currency, just as with the fiat system, is legal and consists of normal payments for products and services.

Further Inroads Established in Columbia

The challenges that have faced the digital currency industry since the initial launch of Bitcoin have been many, and the process of buying and selling Bitcoin itself has been one of the largest. Though much progress has been made with over the counter purchases possible. A new launch by industry startup Coinapult in conjunction with payment kiosk supplier Punto Pago is offering simple, automated purchase of Bitcoin in 300 locations right across Columbia and ensuring that the trend for easier entry into the digital currency ecosystem continues.

Turmoil in the Financial Industry Demonstrates the Viability of Digital Currency

Viability, trust, these are concepts that are difficult to attribute to yourself, but this has been the challenge that the digital currency industry has faced since its beginning. As we see the fallout of the UK referendum on the EU both gather pace and promise more turmoil to follow, the uncertainty of the fiat financial system, both currency and markets (while Bitcoin remains relatively stable), is providing that viability for the industry by itself.

Bitcoin Trading Surpasses Gold in Brazil

Trust, it is one of the most important things any monetary system has to have, both the financial aspects and those controlling it. As a new idea built in new technology, it has been an uphill battle for Bitcoin and the cryptocurrency industry to build that trust with a wider audience. The concept of a digital currency has been difficult for some to understand, and the technology itself similarly, however with a recent report showing that in Brazil Bitcoin trading volume exceeded that of spot Gold in the first 6 months of 2016, is this a sign that the battle for trust has been won?

Digital Currency Weekly Recap 7-17-2016

Steem Market Capitalization Soars Past $260 Million

Ether Rallies as Hard Fork Looms

Coinapult and Punto Pago to Bring 300 Bitcoin Kiosks to Columbia

Belgium Warns Consumers About Alleged MLM OneCoin

Blockchain Weekly Recap 7-16-2016

Vault OS to Roll Out, Providing Blockchain for Banks

Homeland Security Blockchain Interest Increases

IBM Cloud-Based Blockchain Security Platform Revealed

Stratus Crowdfunding Tops $100,000

Bitcoin Weekly Recap 7-15-2016

In Russia, Political Party Moves to Accept Bitcoin Donations

Dutch Companies Move to Influence New EU Regulations

Gemini Partners with eSports’ Echo Fox

Plutus Crowdsale Raises $1 Million

Blockchain Startup Offers Ease of Use Improvements for Bitcoin

There are numerous challenges facing the digital currency industry, one major one is the barriers to entry in terms of usability that new adopters are faced with. However, even now during a period of heavy investment much of the interest is building new infrastructure for existing financial institutions more than innovating the possibilities of the digital currencies themselves. Startup Netki is aiming to change that with an approach that is looking to ease the issues for new users with initiatives aimed at presenting a more user friendly interface and experience for those seeking out digital currencies for the first time.