bitcoin

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bitcoin

n
1. (Computer Science) (usually capital) a system of open source peer-to-peer software for the creation and exchange of (payment in) a certain type of cryptocurrency; the first such system to be fully functional
2. (Currencies) (sometimes capital) the cryptocurrency created and exchanged using this software
[C21]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Money transmission company, CashEdge has announced that it has launched a P2P payments service.
BANKING AND CREDIT NEWS-September 8, 2014--FIS Brings, Everbank ink P2P payments deal
M2 EQUITYBITES-March 7, 2013--Fiserv combines P2P payments service with mobile banking platform(C)2013 M2 COMMUNICATIONS http://www.m2.com
Global Banking News-18 September 2008-Citi and Banco Bolivariano pilot SWIFT P2P payments framework(C)2008 ENPublishing - http://www.enpublishing.co.uk
28 January 2013 -- Dublin-based Research and Markets said it has added the "P2P Payments: The Global Opportunity" report to its offering.
A total of 52 million P2P payments were made via Zelle, representing USD14bn, which is an increase of 97 percent Year-on-year, the bank said.
More and more P2P payments are coming online and people are accepting them as a normal course of business.
Consumer Reports compared five different platforms in the publication's first evaluation of mobile person-to-person payment systems, with Apple Pay Cash (AAPL) emerging the victor over segment rivals including Venmo, Zella, Facebook (FB) P2P Payments in Messenger and Square Cash (SQ).
As advances in technology progressed, PAI expanded into telephone, e commerce, prepaid/gift card, mobile, and P2P payments. Three years later, PAI expanded into the ATM business and for the next 10 years PAI continued to acquire companies with innovative technology and solutions, as well as enjoy organic growth.
Adding voice functionality for P2P payments as part of the mobile app has been on the bank's radar for a while.
It highlighted the activities of companies such as PayPal (via its Venmo and Xoom subsidiaries) and Facebook in the space; arguing that these players were in pole position to capitalise on the increasing transition to digital of P2P payments.