Disruption is taking place on multiple levels, as companies and startups try to come up with creative ways to cut out the middleman. In some areas, this approach is working quite well, whereas industries such as finance are far more difficult to disrupt. But the middlemen won’t go down that easily and they are starting to come back under a different name; the personal concierge.
Over the past 24 months, there has been a growing interest in using Bitcoin as a payment method. Frictionless and global payments at a fraction of traditional payment processing costs, while not having to invest in additional infrastructure, seems to be a dream come true for merchants. VodaNet is the latest company to accept Bitcoin transactions, and their vacation packages can now be paid for in virtual currency.