News Bitcoin.com Acquires 03 Labs, a Tokyo-based Blockchain Software Company

Bitcoin.com Acquires 03 Labs, a Tokyo-based Blockchain Software Company

-

- Advertisment -

Bitcoin.com has acquired O3 Labs, according to a release. O2 is a Tokyo-based software company that “specializes in developing gateways to the digital economy.”

O3 will be absorbed into Bitcoin.com, forming a single team dedicated to creating tools for the Bitcoin Cash network.

Bitcoin.com Acquires 03 Labs, a Tokyo-based Blockchain Software CompanyStefan Rust, CEO of Bitcoin.com commented on the acquire:

“With the O3 team joining Bitcoin.com, we look forward to accelerating services in our mobile applications serving anyone in the world with an internet connection, regardless of nationality, socioeconomic status, or access to traditional finance. This will give users the ability to manage, grow, and spend while doing business with whomever they want, whenever they want, without the need for traditional banks or financial intermediaries. Our mission is to make money work for everyone, building tools and products that help people access Bitcoin Cash, a global financial system that’s fast, affordable, and available to everyone.”

Bitcoin Cash is a fork of Bitcoin that was forked a further time creating Bitcoin SV.

Bitcoin Cash seeks to become a more prominent medium of exchange.

Stefan Rust assumed the role of CEO of Bitcoin.com in August 2019, with Roger Ver assuming the new role of Executive Chairman. In September, the Bitcoin.com Wallet reported that it had seen 4.7 million wallets created and was integrated into the HTC Exodus 1 blockchain smartphone.

O3 Labs team was founded by Apisit Toompakadee and Andrei Terentiev, is best known for developing user-friendly gateways for accessing leading blockchain networks.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Top 7 Porn Sites That Accept Bitcoin/Crypto

Bitcoin and other cryptocurrencies are not that exotic anymore. Ever since the big boom on the crypto...

“Chinachain” aims to connect hundreds of cities across China. Will it work?

If there’s ever a “Chinachain” for business, sanctified and supported by the state, the BSN ( Blockchain...

Top 10 BEST Crypto Trading Books for New Traders (2020)

We may receive a small revenue share if you purchase something from this guide - with...

Crypto Firm That Connects Exchanges and Banks Receives $5m Investment From Wells Fargo

Cryptocurrency startup Elliptic recently held a Series B funding round which was joined by a venture arm...
- Advertisement -

Will New Zealand’s crypto salary project work?

Now in 2020, Bitcoin, and in a broader sense cryptocurrencies in general, have gone through hundreds of...

Is Tron’s decentralized app market really a “Las Vegas on the blockchain?”

The original idea behind creating cryptocurrencies was to offer a much more decentralized and convenient payment platform...

Must read

Top 7 Porn Sites That Accept Bitcoin/Crypto

Bitcoin and other cryptocurrencies are not that...

“Chinachain” aims to connect hundreds of cities across China. Will it work?

If there’s ever a “Chinachain” for business,...
- Advertisement -Bitcoin.com Acquires 03 Labs, a Tokyo-based Blockchain Software CompanyBitcoin.com Acquires 03 Labs, a Tokyo-based Blockchain Software Company

You might also likeRELATED
Recommended to you