Open-source project links Bitcoin with publishers

September 02, 2013

Ankur Nandwani is a news junkie who keeps hitting paywalls. He would pay for content, but not for a subscription. But he found a virtual solition. Ankur Nandwani Nandwani, 27, merged his interest in news with Bitcoin, a virtual currency that many people think will change the future of payments. With co-founders Bo Li and Valerie Chao, he developed Bitmonet, an open-source tool that lets publishers accept micropayments in Bitcoin for news stories. Bitmonet is just a side project for Nandwani, who has a day job as a senior software engineer in San Francisco. He started analyzing Bitcoin about six months ago and wanted to grow interest in the virtual currency. "It's all about encouraging bitcoin adoption," Nandwani said. "I think in the early stages of the bitcoin ecosystem.....it's better to increase bitcoin adoption. We can think of making money later." To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2047980/news-junkies-opensource-project-links-bitcoin-with-publishers.html#tk.rss_all