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Title: [2015-03-17] Engadget: Bitcoin's tech could prevent digital gift card fraud Post by: pawel7777 on March 17, 2015, 09:39:12 PM Bitcoin's tech could be used to prevent digital gift card fraud http://www.engadget.com/2015/03/17/gyft-bitcoin/ Quote Bitcoin may linger on the fringes of the mainstream, but plenty of companies are casting envious eyes towards the technology that underpins it. Just days after IBM announced a plan to use the blockchain as the basis for its own payments platform, Gyft has said that it's doing the same. The digital gift card company has revealed that it's looking into ways to "tokenize" gift cards and issue them on the blockchain for better theft protection. CEO Vinny Lingham has admitted that the company is a long way away from having a working prototype, but it's clear that Bitcoin isn't going anywhere. ^^ that's the entire article More details on Gyft's plans: http://www.coindesk.com/gyft-to-embrace-radical-blockchain-concept-in-gift-card-fraud-fight/ |