CoinPip and Coinding Represent Bitcoin Sector as 500 Startups Unveils Batch 11

500 Startups has unveiled its lists of firms participating in its Batch 11 accelerator program. An early stage startup accelerator and investor based in Mountain View, California, 500 Startups, will be providing the firms with funding as well as mentorship and guidance during the program.

As in the past, Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term firms have also made their presence in the current Batch 11. Included in the program are Singapore based CoinPip and Argentinian Coinding. While not a bitcoin firm per-se, also in the batch is digital payment provider CardPlantet Solutions of Nairobi. The inclusion of the bitcoin related companies in the program make return of digital currencies to 500 Startups which had been absent in Batch 10, but well represented with 5 firms in Batch 9.

Linking three firms is their foreign flavor, which is often viewed as a greater potential natural market for bitcoins and digital currencies than the US.

More on the three firms:

Coinding: The firm provides a geo-based bitcoin business directory mobile app for iOS and Android using a ‘treasure hunt’ theme for competing with others to find bitcoins.

CoinPip: A bitcoin wallet and payment provider for Asia and emerging markets. Their angle is to offer pre-paid bitcoin cards that can be purchased at convenience stores as well as an SMS bitcoin payment network for transferring the digital currency.

CardPlanet Solutions: Revolving around their PesaCard product, CardPlanet providers cashless and mobile Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term solutions for the unbanked, businesses, and non-profit organizations in and out of Africa.