IRCE 2014 day 1 coverage

Payment Magnates is currently at IRCE 2014 in Chicago as one of the official media sponsors of the event. This year’s event marks IRCE’s 10th anniversary.

IRCE is the world’s largest Ecommerce event and brings together all aspects of merchant on E-Retail solutions.

Representatives from the world’s leading payment and Ecommerce solution providers are presenting their platforms at the event. Payment Service Providers ranging from eBay’s PayPal and Braintree to Authorize.Net, BlueSnap, Litle &Co, MasterCard, and also 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 processors BitPay and Coinbase have booths at the event showcasing their solutions. The first day started off with a presentation from keynote speaker John Donahoe, showing the future of something he calls the Commerce Revolution. We will be posting a more in depth piece on Donahoe’s speech later on.

After Donahoe’s keynote was followed by another presentation by Wikipedia founder and CEO Jimmy Wales on the history of offering all human knowledge free of charge to anyone with internet connection.

Although both keynotes were worlds apart in their subject matters, both emphasized the importance of the evolving mobile space. Mobile in general is also a primary theme of the event with new firms showing their mobile solutions, alongside seasoned payment platforms now entering the mobile space.

If you are at the event make sure to pick up a copy of our special edition print publication located at the entrance to the expo.

We will be covering more on the event throughout today and tomorrow.