Prague is a major hub when it comes to alternative cryptocurrencies. At the epicentre is a building known as Paralelní Polis, part of a project set up by the guerrilla art group Ztohoven and home to quite possibly the first café in the world where you could buy a coffee using cryptocurrency. Recently that café, Bitcoin Coffee, hosted a Do-It-Yourself market to help start-up companies and entrepreneurs of all stripes sell their products using a range of virtual currencies.
The number of Czechs using internet banking has steeply increased over the past ten years. While in 2008, only about 12 percent of Czechs made their payments via the internet, last year it was 57 percent, the Czech News Agency reported on Wednesday, citing data released by the European Statistical Office, Eurostat.
The use of illegal pirated software on Czech computers has reached 32
percent, according to a survey carried out for the Business Software
That figure is one percent down from the 2016 result and the lowest figure in Czech history.
BSA said use of pirated software had decreased among Czech companies but increased among households.
Number of Czech internet stores accepting Bitcoins for payments has
increased tenfold over the past four years to around 1,000, the Czech News
agency reported on Sunday.
Among the shops that started accepting the digital currency is Czech largest online retailer Alza, which has also installed a Bitcoin ATM in two of its showrooms. Last year, the Comfort Finance Group CFG established the first Czech cryptocurrency fund.
The Czech competition office has imposed a 300,000 crown fine on the
country’s telecoms regulator, according to a report by the news server
The fine, on the state authority which among other tasks should ensure fair competition in the telecoms sector, is for failing to hold an open tender for software services. And the Czech competition office says it warned in advance that the Czech Telecommunication Office risked breaking the law.
The telecoms office can still appeal against the fine.
Czech police say they have shelved an investigation into a hacking attack
on the website of the national statistical office as it updated results
from parliamentary elections last October.
The attack caused the website of the Czech Statistical Office to collapse. The office said the results of counting for elections to the lower house of parliament were not affected.
Police, according to the news website of Czech Radio, were not able to identify where the attack originated. The statistical office said that it had stepped up its security measures following the attack.
Experts from the Institute of Physics at the Czech Academy of Sciences recently made headlines with groundbreaking research in which they uncovered a method for data entry and storage in computing that is considerably faster than what is available at present. The team was able to prove that Spintronics based on antiferromagnets could enter data 1000 times faster than in common memory media. Their findings made a splash within the scientific community and it's easy to see why: it has the potential to fundamentally change computing years down the
Czech Republic has taken a top spot in Europe in terms of internet sales, according to data released by the research agency GfK and the Czech Confederation of Commerce and Tourism on Tuesday. More than 43 percent of technical or non-food goods in the country are currently sold online, according to the study.