June 9, 2014
A year back, you would have been hard pressed to buy anything with Bitcoins as there were very few people that accepted the virtual currency as payment. A lot has changed since then and there are thousands of websites, car dealers, hospitals, educational institutions and merchants accepting Bitcoin. However, several startups have popped up around the virtual currency in order to handle transactions, provide trading platforms, Bitcoin vaults & wallets and other services.
CoinBeam – is an online application for Bitcoins that enables users to accept or make fast and secure payments with the digital currency. Their platform also offers powerful business tools for merchants.
This video gives you an overview of CoinBeam:
How much does it cost?
As for Security and Anonymity?
In a personal dialogue with me, CoinBeam's team answered a few questions about the company:
How did Concept of CoinBeam come about?
The main idea is to bring Bitcoin to the common people (help bridge the gap between bitcoin to everyday people). Our motivation also lies in helping Africa with economical growth. One of our shareholders is currently working on a project in Africa.
What differentiates CoinBeam from the other players in this segment?
We are oriented toward common people who are not so technically proficient. Our system is extremely user friendly and seeks to make accepting and paying with Bitcoin as simple as possible.
How is the company growing and how are you funding that growth?
This project was started in November last year. CoinBeam launched officially in the market two months ago and for now we have around 500 accounts. We also have investors from the forex space. And we have a new cooperation with Logos
Can you tell us more about your team and their background?
The team consist of experts from the IT support department, marketing as well as sales department. The members have a background from non-profit organisations and are experts at trading on the forex market.
Do you see any competition in this area?
We are looking at it from another angle. The market is almost empty (the blue ocean strategy) and there is a lot of to achieve. For us is more important thing, is to cooperate with others.