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Australian bitcoin exchange startup Nauticus thinks that trading cryptocurrencies should be no more difficult than ordering a pizza.
Regional financial publication Stockhead reports that the Melbourne-based exchange operator — which has raised nearly $17 million through an initial coin offering (ICO) — has ambitious plans for its budding platform.
In addition to its bitcoin exchange — which it claims will support 300 cryptocurrencies and 16 fiat currencies within five years — Nauticus plans to build out a full-featured e-commerce and payments platform, as well as a “green blockchain mining center.” By 2022, hopes to be equipped to perform “global know-your-customer (KYC) verification.”
That’s a tall order, even for a company bootstrapped by a $17 million ICO. However, cryptocurrency exchange Binance went from ICO to world’s largest exchange in less than a year, and the AUSTRAC-registered startup hopes that it can accomplish a similar feat by targeting investors who find a conventional exchange order-book overwhelming.
In some countries, retail investors already have access to simplified cryptocurrency trading interfaces.
US investors, for instance, have long had access to user-friendly cryptocurrency brokerage platform Coinbase, and other fintech startups have lately begun to take a stab at the company’s market share.
Earlier this year, Square’s Cash App released commission-free bitcoin trading to its sizable user base, and the company reports that it netted about $200,000 in net revenue from this operation during the first quarter.
The partnership could extend Bitnation’s role as a sovereign entity whereby open source protocol provides a sovereign jurisdiction.
Susanne Templehof, Bitnation CEO and founder, said in an email to International Business Times that Bitnation’s ultimate goal is to achieve recognition as a sovereign entity, creating a precedent for open source protocol. Bitnation is currently working to remove borders for people affected by the current refugee crisis.
The Programs Overlap In Some Areas
Bitnation’s and Estonia e-residency services overlap in some areas.
The Estonian e-residency service is a transnational digital identification card available to anyone. The e-residency ID card is a smart card that provides digital identification, digital signing of documents, digital verification of document authenticity and document encryption, according to its website. It does not confer citizenship, tax residency or right of entry to any nation.
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Australian bitcoin exchange startup Nauticus thinks that trading cryptocurrencies should be no more difficult than ordering a pizza.
In addition to its bitcoin exchange — which it claims will support 300 cryptocurrencies and 16 fiat currencies within five years — Nauticus plans to build out a full-featured e-commerce and payments platform, as well as a “green blockchain mining center.” By 2022, hopes to be equipped to perform “global know-your-customer (KYC) verification.”
That’s a tall order, even for a company bootstrapped by a $17 million ICO. However, cryptocurrency exchange Binance went from ICO to world’s largest exchange in less than a year, and the AUSTRAC-registered startup hopes that it can accomplish a similar feat by targeting investors who find a conventional exchange order-book overwhelming.
In some countries, retail investors already have access to simplified cryptocurrency trading interfaces.
US investors, for instance, have long had access to user-friendly cryptocurrency brokerage platform Coinbase, and other fintech startups have lately begun to take a stab at the company’s market share.
Earlier this year, Square’s Cash App released commission-free bitcoin trading to its sizable user base, and the company reports that it netted about $200,000 in net revenue from this operation during the first quarter.
The partnership could extend Bitnation’s role as a sovereign entity whereby open source protocol provides a sovereign jurisdiction.
Susanne Templehof, Bitnation CEO and founder, said in an email to International Business Times that Bitnation’s ultimate goal is to achieve recognition as a sovereign entity, creating a precedent for open source protocol. Bitnation is currently working to remove borders for people affected by the current refugee crisis.
The Programs Overlap In Some Areas
Bitnation’s and Estonia e-residency services overlap in some areas.
The Estonian e-residency service is a transnational digital identification card available to anyone. The e-residency ID card is a smart card that provides digital identification, digital signing of documents, digital verification of document authenticity and document encryption, according to its website. It does not confer citizenship, tax residency or right of entry to any nation.
Are you thinking of starting your own cryptocurrency blog? Or do you already run a website, sell mining hardware or are you launching your ICO? Consider using some predesigned cryptocurrency WordPress themes. The world is obsessed with cryptocurrencies, exchanges, wallets, ICOs, airdrops, miners rigs, and farms. Cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple or NEO are becoming more popular, therefore the number of websites with crypto content is rapidly increasing.
You probably don’t want to use a free WordPress theme because it limits what you can change. Free WordPress themes are often slow, the code is not clean enough to get SEO-friendly points from Google, and they simply don’t look good.
Instead of using free WP theme, pay just a few dollars to get a professional looking website. You don’t have to hire a programmer or coder and spend thousands of dollars. Premium WordPress themes are the perfect choice for low and middle budget crypto projects.
