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Ideas on That Launches New Service for Placing Text on the Bitcoin Blockchain

05-16-2018 10:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Ideas On That

Summary: One of the industry’s most innovative companies is now offering a service that allows users to place text on the Bitcoin Blockchain.
(May 14, 2018) --- Thanks to a new, revolutionary online service developed by Ideas on That, people are now able to place ad text on the Bitcoin Blockchain.
“The main feature is that it gets recorded in the Bitcoin Blockchain forever,” said Ideas of That Spokesman Darwin Ramon.
As for which Blockchain, Ramon explained that there are many types of Bitcoins and the text will be added to the BTC Blockchain.
“I will place your text on the Bitcoin (BTC) Blockchain via a Bitcoin transaction,” Ramon said. “Once there is a confirmation from the Bitcoin transaction, I will send you a blockchain.info link to the transaction. The text will appear on the out script. Eighty characters are allowed by the protocol ”
And perhaps the best part about it, according to Ramon, is that the text will be part of the Blockchain forever, or until Bitcoin protocol stops supporting this feature.
As for how it will be added, on the part of the Blockchain called OP_Return, which functions like the memo space on a check, simple messages and characters can be placed within transactions on the Blockchain.
Ramon, who holds a master’s in E-Commerce from the University of Montreal and HEC, said his company’s mission is to facilitate the inclusion of Bitcoins in the established economy and the launching of this new service is an innovative resource that benefits those that participate in the cryptocurrency industry.
“We’re very excited about this new service,” said Ramon, who has more than 18 years of experience in ecommerce, as well as launching and managing the highly popular service, YesToBitcoins.com, for three and a half years. YesTo Bitcoins.com was the first company to launch the payment of credit cards with Bitcoin. “I invited everyone to visit our website and explore the very real option to place text on the Bitcoin Blockchain.”
For more information, please visit: blockchain-ad.ideason.ca.

Ideas On That is the sum of two passions: the internet and entrepreneurship. I have made a career of the former and I am now putting it to the service of the latter in order to explore how both worlds shape the unexpected evolution of our lives.

1388 Sherbrooke Est
Montreal, QC
H2L1M4

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