“I have been following CryptoCurrency for 2 years felt the time was right to introduce Bitcoin as a protocol, as well as a payment method, for Altavoz,” said Jacobsen. “Moving forward, Bitcoin will be part of Altavoz's DNA and we look forward to helping our partners and others flourish in the Bitcoin Economy.”
Altavoz will introduce the new payment option to partners this month and expects to begin beta-testing transactions with a few retailers prior to opening it up to all of them. The company also expects to work closely with suppliers to get them set up in the Bitcoin system and receive or payouts to them in Bitcoin currency.
In the future, Altavoz expects to use Bitcoin in innovative ways, such as crowdfunding, micro-payments, and other options that will benefit the labels and artists that partner with Altavoz.
Recently, other companies have expressed an interest in Bitcoin; Victoria’s Secret Stores LLC has signed up with Gyft, an app that lets users buy gift cards with Bitcoins. Other companies including Overstock.com Inc., Virgin Galactic, PayPal, Wordpress, eBay and Tesla also support the currency. More major retailers are getting ready to accept Bitcoin in the coming year. www.altavoz.com
Altavoz is an independent, full-‐service entertainment distributor offering a wide range of physical and digital distribution, marketing and payment solutions. Altavoz ensures artists and producers have access to a uniquearray of traditional and out-‐of-the-‐