By now, few would argue that the technology behind Bitcoin isn’t groundbreaking. Now that blockchain technology is shifting from a fringe phenomenon to being studied by traditional finance and governments, it is gaining more and more momentum and interest from VCs, financial experts and traders. But while this tech has come a long way in such a short time, some of its proposed potential applications are pretty unconventional. Currency aside, listed below are six of some of the most interesting and perhaps revolutionary use-cases for the blockchain. Streamium’s Pay-as-you-go Streamium.io is an app that allows users to stream videos live, …

BitFury Capital, the VC arm of the multifaceted BitFury Group, announced Wednesday it had invested an undisclosed amount in payment processor GoCoin. BitFury also said it would use GoCoin as the default payment processor for its worldwide network of vendors. GoCoin will offer BitFury a little bit of cryptocurrency flexibility, as the company processes Litecoin and Dogecoin transactions in addition to Bitcoin transactions. PayPal selected GoCoin as one of its Bitcoin payment processors in September. “Payment processing is a critical element in stimulating the Bitcoin economy," BitFury Capital managing partner Marat Kichikov said in a statement. “We are committed to …

BitFury, is a multifaceted Bitcoin company that specializes in bitcoin infrastructure development, payment processing, ASIC development and large scale mining. Today they have announced a partnership with BitGo, a leader in multi-signature wallet technology and general Bitcoin security. This might not be the sexiest news to come across my desk, but in the long term, it has potential to have a significant impact. Security is clearly an issue for the Bitcoin industry and BitFury seems to be taking a serious interest in not only improving its own security, but making profiting from providing security to others. The partnership includes a …