3D Printing Network Accepting Bitcoin via BitPay-Adyen Partnership

3D Hubs, a large 3D printing solutions service, will now be accepting Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term for Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, helped by its existing relationship with Adyen.

Adyen partnered with BitPay last month to enable a bitcoin payment option for its over 3,500 supported clients. Adyen processed over $25 billion in transactions last year.

3D Hubs aims to enable 3D printing for the masses, making it available to over a billion people worldwide located within ten miles of a print location. There are over 13,000 such locations around the world. Clients upload their 3D design in .STL format, chose the closest print location and then pick up the finished product.

The company noted that Bitcoin and 3D printing share common ground, both being innovative and disruptive technologies. Bitcoin seeks to take out the middleman from financial transactions, while 3D printing looks to make sophisticated manufacturing available to common folk in their homes and offices.

The company said, "This partnership connects Bitcoin,­ a decentralized currency,­ to 3D Hubs’ decentralized manufacturing network, further strengthening the global movement towards decentralized industry."

Over the past year, the two disciplines have crossed paths on several occasions. An NFC-enabled 3D-printed bitcoin payment terminal was rolled out in Germany, also supported by BitPay. Vermont's first bitcoin ATM, recently taken out of service, was set up in a 3D print shop. And media professional service Mediabistro has shifted focus to events in the Bitcoin and 3D printing sectors.