"Bitcoin Mimics the Property of Gold"
In 2017, the largest cryptocurrency Bitcoins price rose over 1,300 per cent, and it has been swinging wildly this year, worrying regulatory agencies globally. Nicolas Cary, Co founder and President of Blockchain, the largest blockchain firm globally, provides the technology that supports storing and transactions of Bitcoins. He spoke to BT's Manu Kaushik over the phone, in the middle of a busy day at his London office.
Question: How has your journey been so far?
Nicolas Cary: We have raised $70 million from Google Ventures, Richard Branson, Lightspeed Venture Partners and a variety of other investors. We have entered the Indian market in partnership with a startup, Unocoin, based out of Bengaluru. We have partnered them to make it easier for Indians to get digital currencies like Bitcoin more quickly. We have been growing faster than ever.
Our company's name is frequently confused with the core innovation that everyone is so excited about because of its disruptive potential. The technology that actually makes the transactions possible in digital currencies is known as
