Georgia Tech partners with BitPay for bitcoin payments in stadium and campus stores

BitPay is helping students at Georgia Tech (Georgia Institute of Technology) pay with 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 throughout campus.

Point of sale devices capable of accepting bitcoin will be available in the student section of Bobby Dodd Stadium, home to the Yellow Jackets football team, and the Barnes & Noble in Tech Square. Student credit "BuzzCards" will be compatible with the machines.

Most other stores on campus will also be accepting the digital currency.

In terms of bitcoin acceptance, the institution by far becomes the most bitcoin-centric university in the world. Other universities, such as Simon Fraser and MIT, are toying with the idea of acceptance and studying bitcoin from an academic/research standpoint, respectively.

It is also one of the foremost institutions for technology and innovation, as well as athletics. Said BitPay Chairman Tony Gallippi, a Georgia Tech alumnus:

“Georgia Tech is one of the best sources of innovation in the country. BitPay is proud to offer its own innovative bitcoin payment processing to the university and its students.”

In July, BitPay and the Georgia Tech Athletic Association agreed to a sponsorship deal whereby BitPay's logo will be displayed with the bitcoin logo at Bobby Dodd Stadium and the McCamish Pavilion in order to raise awareness of the cryptocurrency.

One month ago, they did more of the same in St. Petersburg, Florida, where they brought a full time presence and rebranded the NCAA Bowl as Bitcoin St. Petersburg Bowl, the “biggest bitcoin event in the world”.