Streaming Giant Netflix May Integrate Bitcoin

Bitcoin House January 12 CoinDesk News Netflix Chief Financial Officer David Wells talked about Bitcoin during an investor Q&A event earlier this month .

At the 2016 Internet, Media & Telecom Conference on Jan. 6 and Jan. 7 , Wells was asked about the lessons Netflix learned from launching payment services in Latin America.

Wells said the company is drawing on today's lessons learned and integration experience from Europe. He said payments are at a stage of development and Bitcoin can solve some of the problems facing the payment field.

Wells said:

“We can see how it will develop in the next 10 , 15 years from a payments perspective , because governments still want to maintain their monetary policies. But in terms of global currency, Bitcoin is still good and you can use it globally. ”

Although Wells did not reveal any of the companies’ thoughts on integrating Bitcoin, Wells’ comments have led to speculation that companies are aware of the importance of the technology.

The company plans to expand its service markets to more than 130 countries and regions around the world.

Compiled by: Bitcoin Home / Liu You

About Netflix

(Nasdaq NFLX) Netflix is ​​an online video rental provider. The company is able to provide Netflix with a large number of DVDs , and allows customers to quickly and conveniently select movies, and deliver them for free. Netflix has been rated as the most customer-satisfied website for five consecutive times. Movies and TV shows can be watched through PC , TV , iPad , iPhone , and can be connected to TV through Wifi , Xbox360 , PS3 and other devices . The Netflix Grand Prix began in October 2006. Netflix has made public about 100 million anonymous movie ratings from 1 to 5. The data set only contains the movie name , rating star and rating date, and there is no text evaluation content. The competition requires participants to predict what movies Netflix customers like, and to improve the efficiency of prediction by more than 10% .