It was hard to go through 2014 without hearing about a bitcoin company going bankrupt, or the alleged "father" of the digital currency being involved in a car chase—but the market might have just got slightly more professional.
A Germany company has launched a platform where bitcoin users can track transactions from all of their wallets in one place, to help users of the cryptocurrency file tax reports.
Users of Coyno—which went live as a beta version six weeks ago—can combine wallets from six providers, including Coinbase, and display them in one place, a tool which is useful for people with several wallets.
Normally when you make a bitcoin transaction, you have to track it in the so-called "blockchain"—a public ledger of payments—where it shows up as a number. Coyno's platform allows you to see exactly where and who you have sent it to, much like a bank statement, enabling customers to track spending. The start-up does not facilitate transactions however.