Lauren Hough

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Assignment 1: Information Literacy
Gem is a Bitcoin API to Seamlessly Build Bitcoin
Services with Bank-Grade Security www.techcrunch.com
Posted Sep 8, 2014 by Romain Dillet

1. This article gives an inside of a new form of currency. Introducing Bitcoin which is a
digital currency, a protocol, and open-source software and enables instant worldwide peer to
peer transactions for little or no processing fees and no risk of chargebacks or fraud while
being immune to seizure or confiscation. However because bitcoin is still very new a system
must be included to make it easier for people to use without feeling troubled or confused.
This is where Gem comes in; Gem, is a new Bitcoin startup with a different take and a
focus on developer tools. Gem provides a highly available, scalable API for Bitcoin
developers to abstract the Bitcoin storing layer. Gem will be able to store, encrypt and
backup users Bitcoins so they dont have to worry about it themselves.

2. Bing.com
Gem Shines on Bitcoin Security
Yahoo.com
Gem Raises $2M to Empower the Next Wave of Developers With Simple Yet
Secure Bitcoin Platform
Both search engines showed the same articles, one was not better than the other.


1. Time Published on September 15, 2014

2. Relevance This connects to my topic because it gives additional information about the overall
system.

3. Authority Melissah Yang. Has wrote many other articles regarding technology and corporations
dealing with development of future technology.

4. Accurate The information is trustworthy because other articles have stated similar information
and is backed up by statements from the developer and information regarding the actual system.

Lauren Hough
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5. Purpose This article was to inform readers of upcoming development and to be looking forward
to seeing more of the actual system and software soon.

6. Key terms used to find scholarly articles
Bitcoin
Currency
Gem
System
Security

The database is used was CCBC Library. The article that was easiest to find was the article
founding using the Bing search engine. There was a lot more articles and no need to narrow done
searches unlike the CCBC database. The more reliable and authority would have to be is the CCBC
database because it was published by a scholar or a professional.

Sources
Yang, Melissah. "Los Angeles Business Journal." Gem Shines on Bitcoin Security. N.p.,
15 Sept. 2014. Web. 21 Sept. 2014.
"Gem Raises $2M to Empower the Next Wave of Developers With Simple Yet Secure
Bitcoin Platform." Yahoo Finance. Market Wired, 17 Sept. 2014. Web. 21 Sept. 2014.
Dillet, Romain. "Gem Is A Bitcoin API To Seamlessly Build Bitcoin Services With Bank-
Grade Security | TechCrunch." TechCrunch. N.p., 8 Sept. 2014. Web. 21 Sept. 2014.
DiLascio, Tracey M. "Bitcoin and Currency Alternatives: Overview." (n.d.): n. pag. 12
June 2014. Web. 21 Sept. 2014.
Brito, Jerry. "Bitcoin: More than Money." CCBC. N.p., 8 Aug. 2014. Web. 21 Sept. 2014.