Mobile Commerce Insider Featured Article

June 02, 2014

Server Farm Realty Offering Ability to Pay For Services Using Bitcoin

While there are some people who are trying to find something that could serve as an alternative to bitcoin, other companies are trying their best to become more integrated with the virtual currency. Server Farm Realty is the latest company to announce it is going to be accepting bitcoin as payment. This means that it is one of the first Data Center providers in the world to accept Digital Payment for data center, colocation and managed service solutions.

"As we continue to enhance our service solutions and expand our reach to companies that leverage the Internet for data communications, big bandwidth solutions and cloud services, Server Farm continues to find ways to make it easy for companies to work with us," Avner Papouchado, CEO of Server Farm Realty said in a recent statement. "As one of the first data center owners and operators to accept bitcoin as payment, our innovative approach to business, coupled with the leading-edge design, security and capabilities of our facilities, continue to differentiate Server Farm in the market."

There are some things that a company must have if it wants to use bitcoin to pay for services. These companies must have an address that can actually be confirmed. This serves as something of a “safety deposit box” for the digital currency. The company uses a unique digital “private key” that allows people to access the box.

While Server Farm is the latest company that is working to make it easier to use bitcoin as a way to pay for things, there are other companies working to make it easier for more firms to do business with the digital currency. Circle is one firm that has actually launched a bitcoin bank it hopes will help make the software that much more popular.

Both Circle and Server Farm have an incentive for more people to take up bitcoin. If customers are looking to use the digital currency more, the only data center service center would benefit greatly from being able to be the only company that is well versed in this area.




Edited by Maurice Nagle



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