Feature Interview: Paul Puey Puts “Buzz” into Bitcoin with Airbitz “2.0” and Fold

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Like a caffeine-infused jolt, Airbitz’s announcement late last year that it will be promoting bitcoin by offering discounts at Starbucks (20%) and Target (10%) has energized cryptocurrency enthusiasts worldwide. This initiative is part of a collaborative partnership with Fold, a digital card app that was seamlessly integrated onto the Airbitz bitcoin wallet. The hope is that incentivizing consumers to save money will encourage both current bitcoin users as well as those new to the digital currency to engage in its use for everyday purchases. This much-ballyhooed development by Airbitz, which officially launched its bitcoin wallet in October 2014, comes on the heels of $450,000 in seed funding that the company received from the blockchain venture capital firm Block26. BTCMANAGER had the opportunity to talk with Airbitz CEO Paul Puey about this partnership with Starbucks and Target and what it portends for the future of bitcoin consumer commerce. On Collaboration Puey first learned about Fold App in 2014 and determined it to be a powerful driver of engagement for those unfamiliar with bitcoin. But he felt that there were some challenges in terms of its fluidity and seamlessness for the user. So an initial meeting occurred with Fold in 2014. Later, …

Blockchain Start-Up “Colu” released Dashboard and Sandbox API

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Colu recently released two new updates to help new users create more innovative blockchainsolutions. The Colu Dashboard aims to be the central location for viewing and managing digitalassets. The Sandbox API aims to enable users to quickly test code and view results. Amos Meiri, co-founder of Colu, began exploring blockchain technology while still working atFinancial Services Giant E-Torro back in 2012. Amos began interacting with the blockchaincommunity early on, to help develop a new way to transfer assets over the blockchain. After putting in months of effort and over $100,000 of investment through E-Torro, Amos and his co-founders David & Mark turned their focus to enabling developers to transfer value over the blockchain. This focus led them to found Colu, which since it’s launch 5 months ago has already enabled over 20 use-cases. Amos Meiri, co-founder of Colu said: “As a team, we found that working with the blockchain was extremely difficult for those just starting out. Therefore, we felt starting a platform, which would make it easier for developers to issue assets on the blockchain was vital.” The use-cases enabled by Colu are wide-ranging, from decentralized voting platform in theHonduras Island “Voto-Social” to secure product warranties on the blockchain, …

Bitcoin Creator Satoshi Nakamoto Appears… From Australia

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The global investigation to discover the true identity of Satoshi Nakamoto seems to have come to an end by pointing out a 44 years old australian IT security business man named Craig Steven Wright. The search for Satoshi Nakamoto has been going on for at least five years now, but the quest is now probably over, after new evidence including blog posts, emails and accounting statements, has been leaked by an anonymous source to tech websites Gizmodo and Wired. Satoshi Nakamoto is the owner of over one million Bitcoins, which, with the price level at time of writing, equals to $400 million USD. The truth is probably less exotic than we imagined, as the inventor of Bitcoin is far from being a secluded, unsuccessful physician/engineer of japanese origins, but a much more ordinary Australian business man. The anonymous source gave proofs going from a clear blog post date 10th January 2009 to a PGP key Satoshi required people from the project to use, passing through his ex-wife claim that he was working on “digital money”, his use of email [email protected], an address used in early development Stages by Satoshi Nakamoto, and his activity in lobbying in the Australian Taxation Office …

CoolWallet: The Bitcoin Wallet That Fits Right into Your Wallet

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new bitcoin Cold Storage device CoolWalletCT r:  256 from CoolbitX Technology is the size of a credit card, doesn’t need cables, fits in a common wallet and will grant owners confidence in thesecurity of their BitcoinCT r:  9 wealth. Cold storage is quickly becoming a popular concept within the Cryptocurrency industry. Considering the inherent risks involved in online storage of Bitcoin, the industry is devising better methods to keep the coins safe. One of these is somewhere the Hackers cannot reach, i.e. (pc or smartphone). cointelegraph interviewed Shannon Yeh, Product Manager of CoolWallet, to get an in-depthAnalysis of the product and Alena Vranova, Product Manager of trezor, a competitor in this marketplace for over a year for a comparison of the pros and cons of the two solutions. The Basic Concept of CoolWallet Shannon Yeh  is a member of the CoolbitX Technology team of security specialists, engineers and design professionals since 2012, owned by Jetstream Holding Ltd. According to Shannon, CoolWallet is the first wireless hardware wallet that can be used by smartphones to manage Bitcoin transactions. Other hardware wallets require a computer and/or a cable of some kind. CoolWallet is designed primarily for convenience. It is a product that has been designed to be …

Voxelus Raises US$500,000; Announces Unique Bonus and Rewards System

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Virtual reality content creation platform and marketplace Voxelus has announced a unique bonus and rewards system for cryptocurrency enthusiasts and buyers of its in-game digital currency Voxel, after raising US$500,000 in the first day of its 30-day token crowdsale. The crowdsale of Voxel will be distributed into 3 phases that will last until December 2, 2015. Early buyers and participants of the crowd sale will be able to purchase the digital currency for as low as 1200 voxels per bitcoin. As the crowd sale progresses however, the price will increase gradually and the tokens will eventually be sold at 750 voxels per bitcoin, 7.5% higher than the initial rate. The 30-day crowdsale is currently being facilitated by instant cryptocurrency exchange ShapeShift, the company which also recently facilitated a series of crowd sales for blockchain-based cards trading game Spells of Genesis and Ethereum-built decentralized prediction market Augur. According to the Voxelus team, the company is offering 15% of all possible voxels during this crowd sale. The remaining 85% will be gradually released over the next 20 years, which will be allocated for software development, content creator bounties and marketing. “Voxels are the official currency of virtual reality,” claimed Voxelus chairman and …

Apple Allows Another Bitcoin-Based Mobile App

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Apple recently started to give more freedom to iOS app developers in integrating digital currencies and in-game tokens including bitcoin. Yesterday, the California-based tech giant has approved another bitcoin-based mobile game application called Wheel of Bitcoins, which pays bitcoin directly and immediately to users’ email, from the app. Wheel of Bitcoins is a casual roulette game, with which users spin to win different combinations of bitcoins. Once users earn bitcoins in the game, the app sends it through Xapo directly to users’ emails, allowing users to instantly withdraw or cash out bitcoins. Since the approval of various bitcoin tipping-enabled iOS games and applications such as Game of Birds in June, bitcoin has been increasing its presence in the Apple Store, with 7 bitcoin-enabled games and applications being registered in the store over the past few months. Popular bitcoin-based mobile game developer Bitcoin Alien has had 3 of their applications in the Apple store for over 3 months, after the approval of the Apple team. According to the company, Apple is well aware of the game’s bitcoin payout system and is happy with it. “The team was actually accepting of them, had a few questions but they absolutely know that we …