Matt Cohler, a general partner with the Silicon Valley-based venture capital firm Benchmark, in 2014 described to Vanity Fair his view of the smartphone as a “remote control for real life.”
Cohler’s analogy captures a key feature of so many digital innovations, from the earliest remote controls to today’s smartphones: being able to take lots of different actions using a single interface.
Aggregating information from various sources and presenting it in an actionable format is likewise the idea behind Coinigy’s software. The Milwaukee-based startup is developing tools for trading on digital currency exchanges. These exchanges are services that allow users to swap U.S. dollars—or any other fiat currency—for the equivalent amount in a digital currency, such as Bitcoin. (We’ll get into what Bitcoin is, and why someone might want to use it, momentarily.) Read the full story here.