GLNNF ...GLANCE TECHNOLOGIE COM to Test Bitcoin Waters
BLKCF ...Global Blockchain https://finance.google.com/finance?q=blkcf&ei=RcTkWZnEOpTvjAGiipXoBQ
There seems to be no shortage of companies looking to capitalize on the up and coming crypto-currency market, with Bitcoin of course being one of the most recognizable virtual currencies out there. GLANCE TECHNOLOGIE COM NPV(OTCMKTS:GLNNF) is the latest OTC-traded issuer we’ve noticed doing just that.
Glance Technologies owns and operates Glance Pay, a mobile payment system that is comprised of Android and iOS apps on the user end, combined with merchant manager apps, and a payment processing hosting environment with anti-fraud technology on the back end. Consumers make payments, redeem digital deals, and interact with merchants, who have access to integrated, targeted in-app marketing, geo targeted digital coupons, and social media marketing.
Last week, GLANCE TECHNOLOGIE COM NPV(OTCMKTS:GLNNF) announced that Netcoins Inc., who enables approximately 4,000 stores to become bitcoin teller locations through virtual ATM software, has entered into an alliance with Glance Technologies. Netcoins Inc. provides an easy way for people to buy bitcoins and Glance will allow users to spend their bitcoins quickly and easily via Glance Pay.
According to blockchain.info the price of bitcoin has increased over 600% during the past year, making the current market capitalization of bitcoin over $72 billion USD. This means there is 6 times as much purchasing power in the bitcoin community versus just 1 year ago, with still limited opportunities to spend bitcoins compared to traditional currencies.
The alliance between Netcoins and Glance will give people better access to both buying and spending bitcoin. One of the current difficulties in using bitcoin is the time it takes to complete a transaction, which can be many minutes and in some cases many hours. Glance can help solve this problem by allowing bitcoins to be converted to Glance Dollars, which can then be used to make lightning fast transactions using the Glance Pay app. GLNNF
Glance Technologies The alliance between Netcoins and Glance will give people better access to both buying and spending bitcoin. One of the current difficulties in using bitcoin is the time it takes to complete a transaction, which can be many minutes and in some cases many hours.