With Bitcoin fast approaching its seventh anniversary and the idea of cryptocurrencies steadily gaining traction it has nevertheless yet to find mass-market adoption or a ‘killer app’. But what technology disrupts, it can also stich together and things could be about to change. That said, many might say we’ve heard this all before in the cryptocurrency space. Now a new initiative from Danish crypto currency exchange CCEDK and the Beyond Bitcoin Show , the voice of the people of the Beyond Bitcoin community, aims to open the benefits of cryptocurrency to “mass-market solutions” – including social media users and content creators – through ShareBits.io, a platform for open software solutions developed by a team at Freebie. Think of ShareBits.io as opening blockchain technology for ‘average’ Joe applications with a Social tipping dimension. It can tip and top up accounts worldwide via social media platforms. For its part, Freebie delivers highly scalable and rapid-fire software solutions for businesses and professionals working in the crypto-sphere. ShareBits’ logo and tagline prior to a public launch scheduled for December 1, 2015. (Source: CCEDK) Market Penetration Issues The problem of cryptocurrency market penetration is one that ShareBits.io is hoping to address through targeting mass-market customers including those across the social media spectrum, making it fast, cheap and easy for organizations to distribute ‘crypto’ tokens to large numbers of their users. And, soon even the crowd funding fraternity could be getting in on the act using it to make real-time donations. The company has built its application on the BitShares platform OpenLedger , which has been designed for the rigours of the modern consumer marketplace. This is in contrast with the trailblazing but relatively slow blockchain of Bitcoin from a latency and execution point of view. But it should be noted here that the matter […]
