Coinffeine Demonstrates Distributed P2P Bitcoin Exchange Platform
Spanish cryptocurrency startup Coinffeine has demonstrated a trial version of its upcoming peer-to-peer (p2p) bitcoin exchange platform.
The distributed and open-source exchange will allow users to buy and sell bitcoins anonymously without having to depend on a centralised entity.
Coinffeine describes the protocol as “pioneering” and says it will allow banks and other financial institutions to offer cryptocurrency services with “all legal guarantees”.
The application has been ‘more than a year in the making’ the firm says, adding that it has received support from the bitcoin community, as well as the banking and FinTech sectors.
CEO Alberto Gmez, who presented the product at the demo event in Madrid, said Coinffeine is sure the software will make a big impact on the global bitcoin ecosystem.
This post was published at Coin Desk on December 22, 2014.