Braintree Allows US Merchants to Enable Bitcoin Payments

These days you can buy just about anything with your Bitcoins. From sandwiches to Bitcoin mining hardware, there aren’t many limits as to what you can do with your favorite digital currency. Things continue to move in the right direction with companies like Braintree, a payments software platform subsidiary of PayPal, announcing that now merchants in the US can enable Bitcoin payments through Coinbase.

The company’s integration with Coinbase was announced back in September. Afterwards, PayPal announced that there was a limited use by its merchants to digital goods transactions like media, software, and in-app purchases. However, a Braintree spokesperson has confirmed that the recent update means that “any merchant that uses Braintree for credit card payments [can now accept bitcoin payments].”

Braintree has stated that it had integrated Coinbase into its software development kit, which is known as Merchants who use the kit can now offer Bitcoin payments in a rapid manner. According to the blog post announcing Baintree’s latest development, “Today, our initial integration with Coinbase is complete and we are opening up private beta access to allow merchants in the US to accept bitcoin via v.Zero.”  The post also noted, “Bitcoin is growing in popularity for consumer and merchants alike … the number of companies both small and large working to enable bitcoin acceptance is on the rise.”

Time Inc. Becomes First of Its Kind to Accept Bitcoin

Bitcoin continues to grow and not just when talking about Bitcoin mining or mining hardware. Time Inc., one of the world’s leaders publisher of popular magazines including Time, Sports Illustrated, InStyle, People and others, has now decided to become even bigger by diving into the crypto currency market and giving their customers even more options to purchase some of their most sought-after products.

This integration has been possible through a partnership with one of the most important merchant processing services provider in the digital currency industry, Coinbase. The move by the publishing giant will start with a launch on Fortune, Health, This Old House and Travel + Leisure.

According to statements made by executive vice president of consumer marketing at Time, Lynne Biggar, the company is looking to make it easier for consumers to purchase subscriptions for its popular magazines and of course Bitcoin is the way to go. Biggar stated,”We are always looking for ways to make it easier for consumers to engage with our brands and this pilot program will give bitcoin users a seamless and simple way to purchase subscriptions.”

It has been said that Time Inc. is likely to expand its acceptance to other magazines “in the coming months”.

BitX Promises to Make Bitcoin Sexier to Attract New Customers

Bitcoin has a little bit of everything for every type of customer out there. Bitcoin mining hardware is becoming more accessible by the day and it is also becoming increasingly accessible to manipulate and use Bitcoin via mobile devices as well.

According to BitX, the popular secure digital wallet and multinational Bitcoin exchange, Bitcoin can even be sexy. BitX has recently released a mobile app for both iOS and Android devices that aims to attract new customers with the idea of Bitcoin being a sexy currency. The app offers a Bitcoin wallet function and allows new customers to sign up and authenticate their accounts via their preferred mobile device. Furthermore, users can also use their built-in camera to create copies of documents for know-your-customer (KYC) procedures located in different jurisdictions. iOS users will be able to use Apple’s fingerprint-based Touch ID to authenticate transactions and KYC-verified Android users can also use BitX’s app to buy and sell the digital currency.

The launch of this app was made with an announcement posted on Medium dubbed as ‘Making Bitcoin Sexy’ and compared the virtual currency with a high-performance sports car engine “with the body of a bus”. However, BitX’s product Advisor Simon Dingle believes that the company’s target markets, the emerging economies of the world, catering to the needs of mobile users’ over any other customers is what will truly help Bitcoin grow.

TruCoin is Back in Bitcoin Business Now Serving a Larger Section of the US Market

These days, the Bitcoin industry is much more than just Bitcoin mining hardware. Bitcoin brokerage provider, Trucoin, is back in business after several months of absence and is back with a bang. The Georgia-based company has announced the expansion of their Bitcoin buying service to users in 32 US states in the coming weeks.

Trucoin has actually been absent for the last three months after the decision was made following the eight-state beta test at the beginning of the year. Users will now be able to purchase Bitcoin using payment options that include MasterCard and Visa credit and debit cards.

According to the company’s co-founder and president Chris Brunner, Trucoin is looking to offer the most well rounded Bitcoin buying and wallet storage solution on the US market. “One of the major advantages of dealing with a regulated company from a consumer standpoint is that regulators do a lot of auditing and there are a lot of controls in place that don’t exist. Mt Gox, that type of thing, could not happen in a situation where the regulated company is being audited.” Brunner said.

Furthermore, Brunner added that Trucoin is in compliance with anti-money laundering (AML) and Bank Security Act (BSA) as well as meeting standards set by the Payment Card Industry (PCI) that comprise the handling of consumer data.

You Can Now Take a Bitcoin University Class for Free

If you’ve been waiting for your chance to learn more about Bitcoin, mining and Bitcoin mining hardware you now have the chance to take a university class. To top it off the class is free of charge. That’s right. Draper University has recently launched a course that gives you the chance to learn everything you ever wanted to about the popular crypto currency. What’s best is that you do it from the comfort of your home. The Bitcoin class is an online class and all you have to do is register.

Draper University is a residential and virtual school that focuses on educating entrepreneurs and assisting them with clarifying their startup business plan, understanding strategies for raising capital, learning business fundamentals and networking. The school has teamed up with ZapChain – a growing network for Bitcoin professionals – that allows them to offer the online course.

According to Adam Draper, the University’s CEO, “The largest problem in the Bitcoin adoption world right now is education and this is the best Bitcoin education course online. It answers all the questions by giving access to the experts in the Bitcoin space, no one else has done this in a quality way.” The main motivator for this class is to educate people in a non-technical fashion about Bitcoin as well as illustrating how it can help the financial sector.

Zapchain’s co founder, Matt Schlicht, also added, “When I found out that Draper University was making a Bitcoin course, I knew ZapChain needed to get involved. Bitcoin is an amazing technology that can enable innovation in so many areas of the world and I’m very proud of what we have created. I can’t wait to see the new products created by people who take the Bitcoin Course.”

United Way Worldwide: Largest Non Profit Organization to Accept Bitcoin

Bitcoin is not all about mining hardware or mining for Bitcoin to buy stuff in the easiest way possible. No, it is also about some of the most important issues going on in the world and how this amazing virtual currency can help others.

Nonprofit United Way Worldwide has become the largest organization of its kind to begin accepting Bitcoin for donations. The charity is the largest privately held nonprofit in the world, raising more than $5bn annually. This move makes United Way the largest nonprofit yet to take on the adoption of virtual currencies and make it a viable option for donors.

However, there is no word yet as to whether United Way will be keeping any Bitcoin or if they will convert these immediately to fiat currencies. Bitcoin can be used and transferred instantly and this goes hand in hand with the US-based organization’s cause which focuses heavily on improving education, aiding people reach financial stability and promoting better health.

Bitcoin could become extremely important for a charity such as United Way since moving these cash donations from country to country sometimes means paying high transfer fees that are eliminated altogether when using the popular crypto currency. United Way will be using merchant tools provided by the payment processor Coinbase, who happened to announced a few weeks back that they have dropped all processing fees for registered 501(c) non-profit organizations.

Australia Capital City Gets New ATM

These days you can find a Bitcoin fan, Bitcoin mining enthusiast or a Bitcoin curious person in every single corner of the world.  Heck, you can even seem to find a Bitcoin ATM everywhere you go. Now, those of you who happen to visiting or perhaps live in the Australian Capital City of Canberra, have a chance to buy and sell Bitcoin using a Bitcoin ATM conveniently located the RUC at Turner.

The RUC is a small but very popular club in Canberra visited by many locals and tourists alike. The ATM’s operator, Bit2Bit, actually refers to the machine as a CTM, or cryptocurrency teller machine. Users can go beyond buying or selling Bitcoins as the machine also offers the option to use other crypto currencies such as Litecoin and Dogecoin.  RUC’s manager, Ned Scanlon, said “When Bit2Bit approached us with their CTM we knew it was the right fit for us. We know the importance of keeping up to date with the latest technology and innovations relevant to the club and pub environment – we have a coffee app and provide access to free WiFi.”

This particular machine is a Genesis1 unit, produced by California-based Genesis Coin. According to Alex Hume, Bit2Bit co-founder, “The aim of our company is to move cryptocurrencies into the everyday retail world. Until recently, they have been mostly traded as an investment or seen as a curiosity.”

Blocksign: A Consumer-Ready Product Built on the Bitcoin Blockchain

There’s more to Bitcoin these days than just being able to trade it for goods online and offline, buy Bitcoin mining hardware to create even more coins or use them as a saving technique. Bitcoin’s technology, otherwise know as the blockchain, is actually the transaction database shared by all nodes that take place in a system based on the Bitcoin protocol. Now, companies are using this blockchain to create consumer ready products or applications of their own.

Blocksign, a startup company that has recently launched, is a blockchain service that will allow you to digitally sign any document, contract, or agreement. All of the accumulates signatures will be kept in the same system that keeps all records of Bitcoin transactions.

From the beginning of Bitcoin, the main developers of this project insisted that it’s not all about the digital currency itself but more about the blockchain and the possibility of being able to build non-monetary technologies on top of it. Even while the basis of the technology behind BlockSign has already used by cryptographically inclined Bitcoin consumers in the past, this company is now of the first small beginner companies to make their product convenient and accommodating enough for it to become popular by everyday folks like you and me.

Shopify Merchants Can Now Accept Bitcoin Payments

Shopify is the perfect solution for those who are looking to set up an ecommerce website to sell products. If you’re looking to sell Bitcoin mining hardware, your clothing line or other personal creations, Shopify is where you want to start . The online shop builder has well over 100,000 merchants and these can now offer their own customers the option to pay for the good with Bitcoins by using Coinbase.

Shopify has partnered with Bitcoin financial services provider Coinbase which will work as the integration platform to process these Bitcoin payments on the merchant’s websites. In addition to Coinbase, Shopify also gives customers the chance to offer BitPay (available since November 2013) as a payment option to their merchants. It’s up to the vendors to choose which processor fits their needs and wants.

According to Shopify’s director of payments, Louis Kearns, the decision to add a new processor to the list as important as Coinbase is the fact that giving merchants options gives the digital currency a whole new light and a lot of exposure. According to Kearns, “We’ve found that by supporting multiple payment providers it encourages each of them to innovate a bit more and their customers benefit as a result. We see this as a positive play for Shopify and bitcoin at large.”

First Crypto Currency Mining Conference to Take Place in October

Bitcoin mining hardware enthusiasts as well as Bitcoin miners will have the chance to mingle with other and assist to conferences in the world’s first-ever crypto currency mining event dedicated to this activity. The conference has been named Hashers United and will take place from October 10th-11th at the Tuscany Hotel and Casino in Las Vegas, Nevada.

Speakers to the event include Vitalik Buterin, Vertcoin, Tyson Cross, Stephen L Reed, Haas McCock, Marshall Long, Robert W Wood, Bits Be Trippin, Charlie Lee, Phil Maher and Ittay Eyal. The conference intends to expose and discuss the many tests and demands that Bitcoin miners face including important issues, technical realities and working solutions in hopes of helping miners be more cost-effective, improve their operations and generate more profits.

Hashers United will be a place for miners to meet other miners and exchange their ideas and help the community grow. The conference will cover other crypto currencies aside from Bitcon with the attendance of experts, coin creators and workshop leaders. Some of the topics that will be covered include protocol scrutiny, algorithm analysis for better strategic planning and operations, more effective rig building and live mining demonstrations. Guests will also be able to attend workshops about profitability, investment, crypto currency management and other topics.