Tangible Cryptography Raises $600k to Launch New Bitcoin Sales Portal.
Tangible Cryptography Inc., announces the completion of a $600,000 seed round investment, funded completely in the virtual currency Bitcoin. The funding will allow the company to launch a new Bitcoin sales portal, BitSimple.
BitSimple provides a simple, fast, and secure alternative to large traditional Bitcoin exchanges. It is the first direct broker to enable the purchase and sale of Bitcoins directly from any digital wallet. That is a good thing as large exchanges continue to be targets for hackers and other cyber criminals. One report finds that almost half of all Bitcoin exchanges have failed due to hacks or internal theft. When Bitcoin exchanges fail, account holders are often wiped out.
Gerald Davis, lead developer explains,
"BitSimple is not a wallet, and doesn't hold the Bitcoin balances of customers. Users are free to secure their virtual currency as they see fit. With BitSimple, instant liquidity is still just a transaction away."
Tangible Cryptography, Inc. founder and lead developer Gerald Davis, formerly designed pricing models for Portfolio Recovery Associates and has a degree with honors in computer science focusing on distributed database design.
Tangible Cryptography is looking to expand employment rapidly, adding four to six key employees in 2014. Gerald Davis said
"we intend to expand BitSimple's presence and continue to deliver the unmatched customer service that has made Tangible Cryptography successful."
About BitSimple
BitSimple is a first of its kind direct broker of Bitcoins that operates without the requirement for users to deposit funds in advance of an exchange. BitSimple is operated by North American Cryptographics, a FinCEN registered money service business, and wholly owned subsidiary of Tangible Cryptography and. BitSimple offers a simple, fast, and secure alternative to traditional Bitcoin exchanges.
To learn more about how BitSimple are better visit: https://bitsimple.com/
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Tangible Cryptography has announced the completion of a $600,000 seed round investment funded completely in bitcoin. The company will use the funds to launch BitSimple, a new bitcoin sales portal that aims to set itself apart from traditional bitcoin exchanges. Tangible Cryptography is not the first company to pull off a successful seed round in bitcoin. Last November Korean startup Coinplug did the same, raising $200,000 in the currency (alongside $200,000 in fiat). BitSimple is described as a simple, fast and secure alternative to large bitcoin exchanges. It will allow users to buy and....
Tangible Cryptography has announced a $600,000 seeding round which they will be using to launch a new sales portal called BitSimple. BitSimple pegs itself as "A simpler way to buy and sell bitcoins" - an exchange allow users to both buy and sell bitcoin right from their digital wallets, maintaining a higher level of security that traditional exchange might exhibit. In addition to making things secure, BitSimple wants to get bitcoins in your wallet today - not wait 1+ week like on Coinbase (which isn't an exchange in the traditional sense). With dedicated servers and high security, this....
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