Industry Report: Bitcoin ‘Hooking Up’ With Traditional Finance
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Industry Report: Bitcoin ‘Hooking Up’ With Traditional Finance

THELOGICALINDIAN - Is Canada activity cashless Are PayPal and Coinbase an account Is IBM testing the blockchain Take a attending beneath to bolt up on all the Bitcoin and agenda bill news

Also read: Industry Report: How Badly Was the DAO Attacked?

Is the Finance Sector Getting Cozy With Bitcoin?

In what’s actuality alleged a “stellar move,” Bitcoin barter Coinbase is abacus PayPal and acclaim agenda abutment for its users.

Coinbase Bitcoin

Coinbase afresh appear on its blog:

PayPal has been assuming added absorption in the agenda bill market, accepting filed a apparent for a acquittal accessory that accepts an array of cryptocurrencies in December 2024.

Japanese coffer Mizuho Banking Group and IBM are planning to test the blockchain and become added complex in the agenda bill arena. The purpose: to analyze the swapping of payments and hopefully ascertain new banking casework based on the technology abaft bitcoin and its crypto-cousins.

IBM Bitcoin Blockchain

Senior Technical Officer at Mizuho Masahiko Katou states:

MD of Industry Sales at IBM Masao Sanbe added to the mix, explaining:

Toronto-based fintech association NanoPay is alms Canadian citizens the new “MintChip,” a agenda bill artefact that allows users to accelerate and accept agenda banknote with accompany and ancestors alike, and pay for purchases wherever the account is accepted.

All affairs booty abode through a secure, P2P system, ensuring chump assurance with anniversary purchase.

NanoPay Mintchip

Thus far, reactions accept been absolutely positive, and over a actor downloads accept been recorded.

NanoPay CMO Simon Keogh, however, feels that this is aloof the tip of the iceberg:

Know of any belief that deserve to be in our approved industry reports? Please let us apperceive in the comments!

Images address of Coinbase, Forbes, NanoPay.