Orange Seeks to Invest in Bitcoin Startups in Silicon Valley


Orange SA is looking to invest in bitcoin startups in the coming months, making it one of the first big international phone carriers to become interested in the technology behind the digital currency.

“There’s something intriguing in this technology, so we want to be there as early as possible,” said Georges Nahon, chief executive officer of Orange Silicon Valley, a division of the Paris-based company. “This could be a digital platform of the future,”
While bitcoin’s price has almost dropped in half in the past year and the prospects of the digital currency are uncertain, its underlying software is attracting investors.

The technology can be tweaked to record changes in ownership of any asset in a public ledger using a distributed network of computers, and could help facilitate transactions at businesses like carriers, banks, stock exchanges or insurance providers

i'm buying here... you bears are nutsGREEDY.