26 Jan '16, 1am

Offline Commerce App Wins $10k at Bitcoin Miami Hackathon

Offline Commerce App Wins $10k at Bitcoin Miami Hackathon

A bitcoin rewards concept took home $10,000 in bitcoin at the second annual Miami Bitcoin Hackathon held this weekend at The Lab Miami. Called BitMine, the Foursquare-like app won the event by using bitcoin bounties as a way to incentivize consumers to patronize physical stores. In turn, the service provides merchants with data on new customers in search of the rewards. "The problem we’re trying to address is that it’s not easy for people to have access to bitcoin, but if we can make it so people can walk in and collect it, we can break barriers," the BitMine team said in its winning pitch. BitMine team members included Jesus Najera, Balin Sinnott, John Gabos, Oscar Lafarga and Boris Polania. Rounding out the top three projects were micropayments billing service Berlyn and bitcoin invoicing startup TXR.io , which won $3,000 in bitcoin and $1,500 in bitcoin, respectively. W...

Full article: http://www.coindesk.com/bitmine-wins-bitcoin-miami-hackat...

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