5 things you need to know in Australian tech today

Sunniest spot in the Tade Me office.

It’s Monday. Here’s what you need to know in Australian tech today.

1. The Commonwealth Bank has given a hat tip to bitcoin. Chief information officer David Whiteing said the institution needs to embrace crypto-currencies and other digital currencies like frequent flyer points as well as hire more tech talent. The bank is launching an internal trial to use crypto-currency exchange Ripple to transfer payments between its subsidiaries. “I have a view that a bank account will become a storer of value, rather than a storer of currency value, so why can’t a bank account be used to store loyalty points in the same way that you can use the slider on a Qantas website to decide whether you are paying with points or dollars?” Whiteing said. There’s more here.

2. Learning to code gives you an edge at work. And you don’t need to be in the tech industry for it to give you a leg up. Coding encourages creative thinking, builds your problem solving skills and gives you the ability to speak technically. Here’s why you should learn to code, instead of speak Mandarin or French.

3. We visited Kiwi auction site Trade Me’s offices in Wellington last week and I still don’t know how they get any work done. Here’s a look inside one of the coolest digs we’ve seen in a while.

4. Muru-D grad Tripalocal has raised $850,000 in a funding round led by China-based early stage venture investor Euler Capital LLC. The startup provides local travel experiences in Australia for Chinese tourists. More here.

5. Apple has a new ‘augmented-reality’ unit — this is what it does.

Have an awesome day! I’m on Twitter.

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