Menu
Australian lawyers to accept payments using Bitcoin

Australian lawyers to accept payments using Bitcoin

LegalVision becomes Australia’s first legal service provider to accept payments using bitcoin

The legal fraternity has made it first foray into the use of Bitcoins as payments for services rendered.

LegalVision has become Australia’s first legal service provider to allow its customers to pay for legal services with Bitcoin.

Bitcoin is the world’s first decentralised digital currency and allows users to transfer money on the Internet without using a bank, it also allows users to transact with each other directly.

LegalVision installed bitcoin on January 21.

LegalVision chief executive Lachlan McKnight said he was interested in using the crypto-currency because it fitted with the online firm’s emphasis on efficiency and innovation.

“LegalVision is a progressive and innovative business, we appeal to a new generation of business owners who see the cost benefits of getting all their legal work done online,” he said.

“Bitcoin is just the natural evolution of that thinking and the currency could be the future of online payment systems.

McKnight said his firm used the latest technology to make its services as cheap and easy to use as possible.

“We provide online legal advice and documents – so it makes perfect sense for us to start using digital currency,” McKnight said.

Bitcoin has come to international prominence in the past six months.

It has been welcomed by some major banks and met with caution by some Government agencies.

China’s central bank has banned lenders from using the virtual money, while Finland’s banking authorities have said that Bitcoin is not real currency.

However, many parts of the private sector have embraced the currency.

A spokesperson for Citigroup bank said Bitcoin could improve society generally by making transactions easier.

eBay UK will start allowing users to buy and sell in Bitcoin on the February 10, and earlier this month Canada had its first Bitcoin ATM’s installed which allow people to exchange change for digital currency.

On January 16, the National Basketball Association franchise, Sacramento Kings, became the first professional sports team internationally to accept payments via Bitcoin.

McKnight said LegalVision had been consistently ahead of the curve with its approach to technology.

“Our customers know the convenience and cost-efficiency of making the most of new technologies,” he said.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Ebay UKLegalVision chief executive Lachlan McKnightLegalVisionCitibankNational Basketball Association franchise Sacramento KingsBitcoin

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments