Glance Forms Alliance with Netcoins to Access Bitcoin Market

Glance Technologies (CSE:GET) has announced that Netcoins has entered into an alliance with Glance Technologies.
As quoted in the press release:

According to blockchain.info the price of bitcoin has increased over 600% during the past year, making the current market capitalization of bitcoin over $72 billion USD.  This means there is 6 times as much purchasing power in the bitcoin community versus just 1 year ago, with still limited opportunities to spend bitcoins compared to traditional currencies.

The alliance between Netcoins and Glance will give people better access to both buying and spending bitcoin.  One of the current difficulties in using bitcoin is the time it takes to complete a transaction, which can be many minutes and in some cases many hours.  Glance can help solve this problem by allowing bitcoins to be converted to Glance Dollars, which can then be used to make lightning fast transactions using the Glance Pay app.

In conjunction with the alliance, Michael Vogel and Dominic Vogel (the founders of Netcoin) have agreed to act as Glance’s advisers regarding cryptocurrencies.  These advisors join Spiros Margaris on Glance’s advisory board, who has been recognized as the No. 1 top global Fintech influencer by Onalytica.com and No. 10 overall Blockchain influencer by Right Relevance.

“We are thrilled to have the opportunity to work with the awesome people at Glance Technologies and offer up our collective bitcoin and cyber security expertise,” says Netcoin co-founder Dominic Vogel.

Click here to read the full press release.