Over the past six years, Bitcoin has seen its fair share of success, although some people might argue how important digital currency has become as of late. The main question companies and service providers should ask themselves is whether or not these disruptive solutions actively address and fix financial services in existence today. In some cases, the answer might be “not yet”.
Financial services are popping up all over the world, as various companies try to tackle different issues that need to be addressed. One aspect of FinServ that will always be far more important to consumers than anything else is the option to compare prices. Especially in the United Kingdom, price comparison websites are dominating the search rankings for financial products.
One of the most interesting aspects of conferences like Web Summit is the handful of startups that manage to win an award during the event. This “vote of confidence” can be the start of a great future for these new companies. One of those companies is Remittio, a global encrypted banking alternative founded by Michael Taggart and Mark Lyford.
Circle, a well-known service among Bitcoin enthusiasts worldwide, opened its services to the world earlier today, as stated in their blog post. Over the past few months, we have seen several screenshots of their internet-centric consumer financial services.
“When we set out to build Circle, we imagined a new kind of Internet-centric consumer financial service, one that the average person would find enjoyable and powerful, built on the promises of Bitcoin – instant, global, secure, free transactions.”