Startup pitches: Lamassu, Bits of Gold, Bex.io, BitPrice and Bits of Proof #BTCLondon
Bitcoin is expanding its market like never before. Today, Bitcoin London showcased bitcoin startups that already exist in places like Argentina, Brazil, Israel and the UAE. The Israeli company Bits of Gold, which will launch its services this Autumn, plans on making bitcoin accessible throughout Israel, said the CEO, Jonathan Rouach. "Outside of the US and the EU, I see opportunity for the expansion of the currency", he said. At least four companies launching bitcoin-related services in the next few months attended the 2013 conference in London in the search for investors. One of them is....
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Israelis can now purchase bitcoins at their local exchange bureau thanks to a new collaboration between bitcoin exchange Bits of Gold and Global Money Transfer (GMT). The partnership with GMT means Bits of Gold can ensure it complies with current and future anti-money-laundering and know-your-customer regulations in Israel. At the moment, the maximum amount of cash people can change into bitcoins via Bits of Gold is 10,000 Israeli new shekel (around $2,800). Jonathan Rouach, CEO of Bits of Gold, said he has been passionate about bitcoin ever since he heard about it back in 2010. "I....
Bitcoin mining hardware firm CoinTerra has announced the acquisition of enterprise software company Bits of Proof. Under the terms of the deal, Bits of Proof CEO Tamás Blummer will join CoinTerra, assuming the position of Vice President of Enterprise Software, while CoinTerra will gain access to BOP assets, including its 'enterprise-ready' implementation of the bitcoin protocol. Bits of Proof (BOP) is a Hungarian software firm that builds business-focused solutions based on block-chain technology. Last year the company launched the BOP Enterprise Bitcoin Server, which it dubbed the 'Red....
According to mathematician Meni Rosenfeld, Israel is a Bitcoin “forerunner.” With large numbers of users in the country, the number of startups and merchants continues to grow. Rosenfeld says: Among the list of Israel-based startups, Bits of Gold — in which Rosenfeld is an investor — GetGems and Polycoin lead adoption. “I think the Bitcoin community in Israel is more coherent than in many other places in the world, which can be attributed to the small size of the country. Everyone is in driving distance from anyone else, so its much easier to breed communities that actually meet up and....
On July 17, BitPay announced the launch of Get Bits, a simple solution to Get bitcoins anywhere in the world. If "What is a Bitcoin?" is the number one question asked, perhaps "How do I get a Bitcoin?" is the second most asked. Buying bitcoins is one of the biggest hurdles to getting started; that's why BitPay created Get Bits. Get Bits lets you give and receive bitcoins to your friends through your Facebook. BitPay is a payment provider used by both Newegg and TigerDirect amount others. Its strongest competitor is Coinbase, which has just picked up Dell as its newest and largest partner.....
In March, Bitcoin Magazine covered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive. Digital Asset Holdings uses distributed ledgers to track and settle both digital and mainstream financial assets in a cryptographically secure environment where counterparty risk is minimized, and settlement times are drastically reduced. Now, Digital Asset Holdings LLC announced two acquisitions, Bloomberg Business reports. The company bought San Francisco-based Hyperledger and Budapest-based Bits of Proof for....