Bitcoin Foundation Selects BitGo Enterprise as Financial Management Platform
The Bitcoin Foundation announced today that it will use BitGo's Enterprise product to better manage its financial operations. Having the Bitcoin Foundation as a customer represents increased momentum and acceptance for the multi-signature wallet provider, chief executive and co-founder Will O'Brien told CoinDesk. The Foundation conducts the majority of its financial transactions in bitcoin, he explained, including payroll, technical grants and other activities. BitGo will provide them financial and management tools to more effectively scale internal treasury control. He added: "I'm excited....
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Earlier this week BitGo and the Bitcoin Foundation issued a joint statement announcing the Foundation's selection of BitGo Enterprise platform for internal financial controls. BitGo, based in the US, is a leading Bitcoin security platform and a pioneer of multi-sig technology. The company's BitGo Enterprise™ offers the first multi-user, multi-sig secure Bitcoin wallet designed for corporations, financial institutions, and other large holders of Bitcoin. Enterprise Grade Bitcoin Wallet. BitGo Enterprise enables the Bitcoin Foundation to implement multi-signature wallets across all its....
There have been some changes going on over at the Bitcoin Foundation as of late. Most recently, the not-for-profit organization updated their website with a new look, and they've continued on their path to try an remain transparent in the community (something they've taken no shortage of criticism now). But an interesting announcement has been made today with regard to the Bitcoin Foundation and their finances. BitGo (a company we've written about on several occasions) said Tuesday that the Bitcoin Foundation has selected their Enterprise product in order to increase 'operational capacity'....
BitFury Group's investment arm, BitFury Capital, is at it again. The group has made what they are calling a "strategic" investment in BitGo, a bitcoin secure products provider. It's BitFury Capital's second investment in the bitcoin space, highlighting the desire to support up-and-coming service providers that aim to make bitcoin just a bit more user friendly. "We are pleased to make our second investment into the Bitcoin ecosystem by investing in BitGo," said Marat Kichikov. "We believe the BitGo team will continue delivering proven results as multi-signature solutions proliferate." BitGo....
BitGo is announcing they are beginning to offer their services free for individuals. This news comes packed with several updates across the board. BitGo is adding features needed by enterprise customers; these include secure wallet sharing, address labeling and management. On top of it all they offer advanced audit capabilities like transaction memos. These robust features keep BitGo ahead of the pack in security and usability. Also Read: BitGO's Bitcoin Wallet Now Backed by World-Class Insurance. BitGo Free for Individuals. From their release: BitGo®, the leader in bitcoin security, today....
TeraExchange has announced a new partnership with bitcoin security firm BitGo, a deal both parties view as a step toward bringing traditional trading standards to the bitcoin industry. The partnership, the companies said, will position TeraExchange as the only player in the bitcoin exchange industry to provide clients with the ability to collateralize bitcoin derivative trades. BitGo will provide multi-signature block chain services for the USD/BTC swaps on TeraExchange's platform, and in turn, TeraExchange will provide its clients with multi-signature escrow accounts where neither party....