Bitcoin’s popularity is unsurmountable these days. The cryptocurrencies are gaining unanticipated growth, which has compelled the mainstream tech leaders and high value institutions to recognize the potential of digital assets.
Now the Bitcoin and crypto companies are also gaining mainstream recognition, being valued as actors of potential technology disruptors of the future.
BitPay ranks 34th in Deloitte technology Fast 500 List
Deloitte included BitPay, a Bitcoin Payment processing company, in its list of Top 500 fastest growing technology firms in North America. Called as Technology Fast 500, the list includes the various firms which showcase tremendous growth in technology and innovation, beating some influential names in the mainstream technology sector. BitPay stood at the 341st position in the list, beating the highly popular social media behemoth Pinterest that was ranked 348th. Uber stood at 363rd position in the list. It also ranked above Roku, the most renowned OTT and media streaming company in the United States which ranked at 483 position.
BitPay is a leading blockchain payment processing company that has established itself as a radical change-maker in the industry. With its mission to eliminate fraud threats and reducing payment processing costs it has boosted the use of cryptocurrency across the globe. BitPay Prepaid Card and BitPay Wallet are highly used services from the company.
Deloitte Technology Fast 500 list recognizes technology innovation
Deloitte’s Technology Fast 500 List honors the leading companies which provide cutting-edge solutions and have the potential to innovate in various fields. The Vice-Chairman of Delete LLP Paul Silvergate congratulated the various companies who made to list, citing that technology innovation is highly required in percent times to combat the looming challenges ‘posed by the pandemic.’
BitPay showcased an enormous growth of 290 percent in revenue in the last fiscal year. Highlighting its achievements, BitPay also detailed that it was selected as a finalist for North America’s highly prestigious recognition, Red Herring Top 100 firms list.
The CEO of Bitcoin attributed the accolades to the increasing popularity of blockchain across the industries and the capability of the technology to provide efficient and cost-effective payment solutions at a global scale.
A cryptocurrency company making to the prestigious list by Big four consultancy sitting strong amongst the other mainstream players showcases that cryptocurrency and digital assets are gaining substantial acceptance and attraction in the mainstream.
The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.