ISRAEL LEADS INNOVATION IN FINTECH WITH GROWING BITCOIN COMMUNITY

PARIS (InsideBitcoins) – Despite any political tensions that might besiege it, there’s no denying that on the digital front, Israel has a lot to offer. This statement is particularly true when it comes to Bitcoin and other digital currencies, as Israel is rapidly being recognized as a major leader in fintech, or financial technology.
The rising number of fintech startups and Bitcoin related enterprises are testament to the fact that Israel is one of the places to be in terms of digital currencies.
Founded in 2014, Polycoin is a prime example. Polycoin offers online merchants the possibility to accept payments in bitcoin, thus facilitating transactions and allowing users of the currency to easily access and use their online funds.
But what sets Polycoin apart from other Bitcoin transaction services is that it allows merchants to make deposits but also withdrawals in bitcoin – which is why Polycoin is mainly being introduced to online financial brokers and even eGaming sites, which are starting to open up to the possibilities that digital currencies have to offer.

This post was published at Inside Bitcoins on Oct 13, 2014.