28 Sep '14, 3pm

Bitcoin

Bitcoin

A new project that transmits bitcoin payments over the radio is up and running in Finland – and it’s also transmitting a national Finnish cryptocurrency at the same time. Kryptoradio is a data transmission protocol designed to transmit low-bandwidth information over one-way digital broadcast networks. Joel Lehtonen , the project’s founder, said he is focused on using Kryptoradio to transmit block chain information. The project is currently halfway through a two-month test pilot phase in conjunction with Finnish broadcaster Digita , which allows the system to transmit bitcoin transaction information across its digital radio network. Bitcoins via radio The project transmits the data over the DVB-T network, which is a digital audio and video broadcast network used by TV and radio broadcasters around the world. Kryptoradio’s back-end computers connect to the block chain and tu...

Full article: http://www.coindesk.com/bitcoiners-finland-send-cryptocur...

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