Friday 6 July 2012

A Business Primer on the Bitcoin Ecosystem

This article is an excellent primer on the new financial technology known as “Bitcoin.” 
It describes the utility of the system, the types of companies and individuals who use it, and some of the risks and opportunities presented. 
"Bitcoin" is a growing financial software tool comprised of both a payment network (written as "Bitcoin") and a currency used within that network (written as "bitcoins"). Bitcoin is both free-to-use and open-source, with no central controlling party. Bitcoin is not a company nor organization. It is best thought of as a technology protocol, like VoIP or HTTP. Read the full article here:
A Business Primer on the Bitcoin Ecosystem   Written By Erik Voorhees, 29 June 2012 
Bitcoin Useful Links