Bitcoin and Blockchain News Jan 7, 2016

Will Provenance Be the Blockchain's Break Out Use Case in 2016? -

In this special feature, Gideon Greenspan and Maya Zehavi argue that provenance, or proof of ownership, is becoming one of the favored use cases for enterprises experimenting with blockchain tech, and that it could become the industry's 'killer app'.

Gideon Greenspan & Maya Zehavi / Jan 07, 2016 01:09 pm

Indian Bitcoin Startup Zebpay Raises $1 Million -

A bitcoin wallet startup based in India has raised $1m in Series A funding from a group of angel investors. Zebpay, which offers a mobile app for buying and selling bitcoin, plans to use the money to expand its wallet service and fund further blockchain initiatives.

Stan Higgins / Jan 06, 2016 08:25 pm

Blockchain Startup Gem Closes $7.1 Million Series A -

Blockchain platform provider Gem has closed $7.1m in Series A funding in a new round led by Pelion Venture Partners. The new investment brings the total for the Californian startup to $10.4m, with previous rounds raising $3.3m over the last two years.

Daniel Palmer / Jan 06, 2016 04:49 pm

Bitstamp Opens Gold Buying Service to European Customers -

UK-based bitcoin exchange Bitstamp has partnered with precious metal traders Moro & Kunst to provide its customers with the option to purchase gold. Currently the service is available via US dollars, though the company said it is exploring how to add bitcoin as a payment option.

Daniel Palmer / Jan 06, 2016 03:46 pm