After the {demise|death} of {one of|among} its {flagship|front runner} exchanges, New Zealand has {this week|today} {welcomed|invited} the launch of {a new|a brand-new} {service|solution}, BitPrime.
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BITCOIN EXCHANGE, GLOBAL BLOCKCHAIN DEALS COME TO NEW ZEALAND
1. Bitcoin Exchange, Global Blockchain Deals Come To New
Zealand
teamsteverhyner.com /bitcoin-exchange-global-blockchain-deals-come-to-new-zealand/
After the demise of one of its flagship exchanges, New Zealand has this week welcomed the launch of a new
service, BitPrime.
The move comes just six weeks after bitNZ, an exchange operating in New Zealand since 2011, was forced to close
after its bank refused to serve it any longer.
“Bitcoin is a fairly new concept for most people, so we want to make it an accessible form of investment for everyday
New Zealanders,” BitPrime CEO Geoffery Palmer said in an accompanying press release Tuesday.
“With interest rates being so low investors are looking for better returns in different asset classes,
and this is precisely what Bitcoin offers.”
While the New Zealand market remains small in terms of trading, the expansion of the consumer market points to a
more hospitable banking environment.
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2. Alibaba teams up with NZ
At the same time, Blockchain enterprise in the country is picking up
rapidly. New Zealand Post announced this week it was teaming up with
China’s Alibaba and dairy giant Fonterra to develop a “Blockchain-based
food security system” to “reassure [customers] about the quality and
safety” of products.
The decision came about due to a major bacteria scare dealt with by
Fonterra in 2013, which turned out to be a false positive but left a bad
taste in the mouth of Chinese consumers regarding food safety.
Re-posted from www.cointelegraph.com by William Suberg March 29,
2017
I’ve visited New Zealand. Beautiful country and beautiful people. Let’s hope this exchanges has some
staying power so the residents there can have a fighting chance against inflation and central banks printing
money. Click here if you’d like to become involved mining Bitcoin and using a portion of the proceeds to
purchase protection in the form of gold and silver. My email is steve@prplus.us
Share this post and help spread the love!
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3. Steven L. Rhyner
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