Updating military profiles

02-Mar-2017 07:49

Single Point’s innovative new payment exchange will undoubtedly be a boon for the cannabis market, but its applicability does not end there.

The usefulness of this product could—and likely will—extend far beyond the marijuana market, making instant, card-based bitcoin-powered purchases possible for a variety of businesses, both in high-risk and low-risk markets.

For more information on Single Point please visit: Single Point, Inc. Single About Cannabis News Wire Cannabis News Wire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) Cannabis News Breaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions.

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The promise of bitcoin’s success as a means of giving cannabis companies non-cash payment options and other financial amenities is clear, and bitcoin’s increasing mainstream adaptation is evidenced in the activities of players like Bitcoin Investment Trust (OTC: GBTC), Bitcoin Services, Inc. Despite this, companies in the cannabis industry are currently blocked from accessing traditional banking services in the U. due to the Controlled Substances Act, which categorizes marijuana as a schedule I controlled substance.

Bitcoin Investment Trust empowers investors to gain exposure to bitcoin’s price gains through a traditional investment vehicle, eradicating the necessity of buying, storing and safeguarding bitcoin.However, suppositions are flying that this could change very soon due to Amazon’s rumored intention to begin supporting bitcoin as a payment method (does currently directly accept bitcoin and has done so since January 2014.BTSC previously announced its own plans to create a proprietary blockchain software, intending to highlight online marketplace, file storage and identity management applications relative to cryptocurrency.During Q1 of 2017, BTSC began mining Dash, its own cryptocurrency.

Bitcoin Investment Trust empowers investors to gain exposure to bitcoin’s price gains through a traditional investment vehicle, eradicating the necessity of buying, storing and safeguarding bitcoin.However, suppositions are flying that this could change very soon due to Amazon’s rumored intention to begin supporting bitcoin as a payment method (does currently directly accept bitcoin and has done so since January 2014.BTSC previously announced its own plans to create a proprietary blockchain software, intending to highlight online marketplace, file storage and identity management applications relative to cryptocurrency.During Q1 of 2017, BTSC began mining Dash, its own cryptocurrency.The company is developing an in-house solution that will allow cannabis consumers to obtain bitcoin at any point of sale and to instantly make bitcoin-powered purchases using debit and credit cards.