Earlier this year, during the Mobile World Congress, Jon Matonis, executive director of the Bitcoin Foundation, made a compelling argument for the use of bitcoin in mobile payment applications. Mobile payments have not made the traction many expected they would — but bitcoin could neatly circumvents all of the obstacles that have held them back, Matonis explained. “The holy trifecta in mobile payments includes governments, banks, and operators — each trying desperately to secure their own piece of the coveted payments pie, exerting maximum influence along the way,” he wrote.
Getting Mobile App Devs to Jump on Your Bandwagon
Posted by: Erika Morphy March 24, 2014 03:59 PMEarlier this year, during the Mobile World Congress, Jon Matonis, executive director of the Bitcoin Foundation, made a compelling argument for the use of bitcoin in mobile payment applications. Mobile payments have not made the traction many expected they would — but bitcoin could neatly circumvents all of the obstacles that have held them back, Matonis explained. “The holy trifecta in mobile payments includes governments, banks, and operators — each trying desperately to secure their own piece of the coveted payments pie, exerting maximum influence along the way,” he wrote.