Overstock to accept Bitcoin Cash, ETH, LTC, Dash, etc

Overstock now accepts all major alt-coins including Bitcoin Cash
09 August 2017   805

American online retail giant Overstock now accepts more than 60 cryptocurrencies including Bitcoin Cash as payments options for nearly four million products on its site through Integration with ShapeShift.

Thus, ShapeShift allows digital currencies to be easily converted between different coin types in a matter of seconds, all without any account setup or personal data required. Instead, the funds are sent to a specific address, with the blockchain record of the transaction acting as both the order and the receipt.

Earlier, Overstock's embraced Bitcoin as a payment method in 2014. Now, Overstock.com shoppers can use Ether, Litecoin, Dash, Monero and Bitcoin Cash at checkout

According to the announcement, during checkout, customers will select their preferred cryptocurrency and submit the order before being prompted to transfer the coins, just as they would with any other digital wallet transaction. Overstock will then utilize ShapeShift to convert the cryptocurrencies to bitcoin. Refunds from a cryptocurrency purchase will also be made in Bitcoin, however customers can easily exchange those to their preferred cryptocurrency through ShapeShift.

Overstock is pro-freedom, including the freedom of individuals to communicate information about value and scarcity without relying on a medium created through the fiat of unaccountable government mandarins. 
 

Patrick M. Byrne
Overstock CEO

Thus, Overstock is the first major retailer to accept multiple cryptocurrencies as payment. By that move, it proves being the one that keeps it in line with new developments in the blockchain market. However, whether the company believes this trend will continue remains unclear.

Swansea Hosts Blockchain and Distributed Energy Conference

The BEW'18, which will be held on February 19, 2018 in Swansea, UK, is a must-attend for people who are interested in the cutting edge of blockchain
19 February 2018   214

The Blockchain Energy Wales'18 Conference will be held on February 19, 2018 in Swansea, United Kingdom.

The conference will introduce Klenergy and their Pylon Network, which is a decentralised energy exchange platform powered by renewable energy. The BEW'18 is a must-attend for people who are interested in the cutting edge of blockchain, distributed energy, peer2peer and smart technology.

BEW conference location swanseaBEW'18 Exact Location

Location: TechHub Swansea, 221 Stryd Fawr, Swansea SA1 1NW, UK
Time: from 9AM to 1.30PM

The headline speakers include Paul Harwood, Basicincome supporter and advocate, and David Clubb, director of RUKCymru and head of digital RenewableUK.

The agenda of the conference is as follows: Blockchain technology and its application in the energy sector, future of blockchain wallet systems, buildings as power stations, building the open-source co-operation protocol for the energy sector, and more.