The year 2015 has been quite an interesting time for Bitcoin and any company active in the cryptocurrency industry. While the total amount of funding from VC’s and business angels has been enormous during the first two-quarters of the year, things have dropped significantly during Q3. What will Q4 hold regarding VC investment? Only time will tell.
Blockchain technology can be adapted to suit all kinds of needs, most of which extend far beyond the realm of finance. Decentralizing the concept of voting is one of the most interesting prospects to keep an eye on, especially now that Global Arena Holding is exploring the boundaries of this idea. Leveraging Bitcoin’s platform technologies to create a new breed of general election sounds quite appealing.
Our society is defined by technology and how we use the innovations and tools at our disposal. Over the past few years, the innovation has far outpaced the understanding of new technologies, yet consumer-grade products are being created at an accelerated pace. Wearable technology is one of those new trends of consumer products, although most customers won’t give the possible ramifications a second thought.
Just a few years ago, no one would have given the concept of crowdfunding a second thought. After all, why would random people you have never met be interested in investing in a project or company you are involved in. Low and behold, crowdfunding has evolved from being a niche market to a powerful tool in terms of raising funds. So much so, that even Belgian bank, ING, wants to get involved in the process.
Make sure to read: World’s First Bitcoin Mining IPO Hosts Campaign on BnkToTheFuture
It is no secret that even major banks and finance groups will have to start rethinking their business model sooner or later. The traditional financial ecosystem is bound to get shaken to its core in the next few years, as developers from all over the world are working hard to bring innovation to the world of finance. Santander Innoventures, who recently invested in Ripple, are keeping all of their options open for now.
Make sure to read: BitcoinPay.Com Releases OpenCart Plugin for Bitcoin Payments
Bitcoin can be used to pay employees in all different kinds of areas. Mixed martial arts might not be in the top 10 of “types of employees” looking to get paid in Bitcoin but that isn’t keeping Jon Fitch from sticking with the digital currency. In fact, Jon is the first MMA fighter to be fully paid in Bitcoin. Quite an interesting turn of events, but it seems to work out quite well.
Regulation and digital seem to be at opposite ends of the spectrum at times. While many digital currency enthusiasts feel that regulation is beneficial and ended, there are equally as many people who oppose the idea. One digital currency, called Aten Coin, has taken the opposite route, as it is fully compliant with regulations, AML legislation, and is thief-resistant.
Make sure to read: Gaming Marketplace Giant G2A.COM Accepts Bitcoin
Regardless of how you want to look at things, the financial sector is doing everything in its power to run itself into the ground. In the United Kingdom a new scandal has been revealed, where the largest work pension schemes prevent savers from accessing funds, and cash transfers are delayed by over three months. Something will have to change sooner or later.
Mad Paws presents a unique spin on the idea of creating a “sharing economy”. Even though there are many business opportunities within this market for services and goods people might need, animals and pets deserve their share of the love, too. Combining the concept of Airbnb with pet services has netted Mad Paws US$1.1m from investors so far.
No payment system is safe from hackers these days, as all of these services are high-profile targets for people with less than honourable intentions. However, though there is a positive side to hacking, as well – in terms of finding and patching vulnerabilities – but the recent LoopPay breach is particularly worrying for anyone who has ever used Samsung Pay.