Bitreserve Launches With Real-Time Transparency Data
Bitreserve, the latest attempt to introduce bitcoin to the mass market, opened for business today. The platform lets users store their bitcoin and convert it to a number of different currencies. It also promises users total transparency in the form of a balance sheet updated in real-time. The platform has been operating in beta since May, but its promised transparency options have only now become available to users. At launch, a new status page has gone live, detailing Bitreserve's assets and its obligations to its users. At press time, Bitreserve's assets stood at $166,091 and its....
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Bitreserve, a money service built on bitcoin that allows people to hold bitcoin as real-world, stable currency and send money and convert currencies without using a bank, has launched a new website today called Changemoney.org. The new website provides a real-time view of how much Bitreserve holds in different currencies, where its members are located, which currencies they're holding and where they're sending it. The website, which went live today, lists more than $1.25 million in the Bitreserve wallet. It lists the wallet's value in bitcoin, national currencies and "other" currencies.....
Following the pre-announcement of last week, Bitreserve is now open for business with real-time transparency data. Also read: Bitcoin Reserve "BitReserve" Banks To Open its Vaults Soon. Bitreserve Founder and CEO Halsey Minor says: "Today we are thrilled to announce we have fully launched Bitreserve and are now accessible to the public." Halsey Minor also founded CNET in 1993. In 2008, he sold that company to CBS for $1.8 billion and became an investor. Bitreserve is a next-generation financial service, which shields users from bitcoin volatility by enabling them to hold Bitcoin as the....
Former Nike CIO and member of the exclusive Fortune 40 Under 40 list Anthony Watson has joined the Bitcoin bank Bitreserve as President and Chief Operating Officer. "I am thrilled to join Bitreserve at such a pivotal moment in the evolution of cloud money and financial technology," says Watson. "Money is a common language around the world, and Bitreserve democratizes how people access, hold and move value. We have the unique opportunity to craft a lasting legacy of delivering transparency, massive innovation and positive social impact to financial services and in peoples' everyday lives."....
In an article on Medium, writer Adam Holt shared how Bitreserve could serve as a central hub for digital assets to be stored in the cloud. The company currently holds $2.7m assets in their reserve, denominated in various currencies such as USD, EUR, GBP, etc. Bitreserve aims to create a financial ecosystem in which people can hold, send, and receive money to and from anyone instantly. It could allow users to enjoy the safety and security of one-for-one matching in their reserve, enabling people to transact in up to sixteen different currencies instantly. Cloud Storage for Digital Assets.....
Bitreserve has launched Changemoney.org, a real-time visualisation tool to show its users how money is held, used and transferred on its platform. The microsite enables users to filter the results by currencies and plots the data on a 3D interactive globe, offering behind-the-scenes insight into activities. At press time, the site showed that the storage platform held $1,259,153 in bitcoin in its wallets. Speaking about the launch, Halsey Minor, founder and CEO, said that the new tool was in line what he believed to be the tenets of digital currency - inclusion, fairness and transparency.....