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Mogo to Provide Canadians with a Secure and Trusted Way to Own Cryptocurrencies including Bitcoin
Mogo to Provide Canadians with a Secure and Trusted Way to Own Cryptocurrencies including ...
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[{"type":"text","content":"\n\n\n\nMogo to Provide Canadians with a Secure and Trusted Way to Own Cryptocurrencies including Bitcoin\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 30, 2017\n\n\n\nMogo adds dedicated blockchain capabilities\n\n\n\nVANCOUVER, Oct. 30, 2017 /CNW/ - Mogo Finance Technology Inc. (TSX: MOGO; OTCQX: MOGOF), one of Canada's leading financial technology companies, today announced that it has added dedicated blockchain capabilities to accelerate its plans to integrate Bitcoin and other cryptocurrencies into Mogo's digital account as well as future new products and features based on blockchain technology. \n\n\n \n \n\n \n\"It's hard to overstate how disruptive and transformative blockchain technology can be for banking, as it enables a faster, more secure and trusted way to transfer data. In fact, many believe that blockchain will be as disruptive to the financial system as the internet was to the media industry,\" said David Feller, Founder and CEO of Mogo. \"Developing new products and features based on blockchain technology and cryptocurrencies is a natural extension for Mogo as we continue to build a digital banking experience for the next generation of consumers.\"  \n\n\"Canadians, especially tech savvy millennials, want a safe, trusted and easy way to own and ultimately use Bitcoin and other cryptocurrencies,\" said Greg Feller, President and CFO of Mogo. \"Mogo's app was built to provide consumers with an easy way to manage their financial health.  Adding these capabilities to our existing multi-product mobile account will provide a compelling value proposition that is unique in Canada.  Perhaps most importantly, we plan to leverage the power of our technology platform to reduce transaction costs and make these products accessible to more Canadians.\"\n\n\"We've invested more than $150 million building what we believe is the leading mobile-first digital account and banking experience in Canada.  We have close to half a million members and one of the country's larg...