Bitalo Launches Multi-Service Bitcoin Platform

Bitalo Launches Multi-Service Bitcoin Platform

User-side encrypted multi-signature hierarchical deterministic (HD) wallets make the new platform Bitalo so secure that not even administrators can ever touch user funds.

Thanks to a backup transaction users can even get the bitcoins out when the website is completely offline and the whole database is lost.

This is the basis for Bitalo's new fully integrated multi-service platform.

While big banks and regulators tend to focus on blockchain technology and bitcoin as payment method and show their complete misunderstanding of the purpose of Bitcoin, Bitalo launches a new platform that does the opposite: try to focus on Bitcoin for the use as real currency.

As of 1.1.2016 Bitalo launched the second generation of the website and released a fully integrated platform:

·  Wallet: store bitcoins securely as never before
·  Exchange: trade bitcoins on a decentralized exchange
·  Marketplace: sell goods and products for bitcoins
·  Services: offer any kind of service for bitcoins
·  Travel: Rent a place or rent out your place for bitcoins
·  Predictions: Earn bitcoins by predicting the bitcoin price via social intelligence.

Finally bitcoin can be used as real currency and practically everybody can now bring any kind of service or product to the bitcoin community, be it a private haircut for your neighbour or sell your self-made hats, at Bitalo you can create an offer in less than 1 minute.

Users do not need to worry at all about the bitcoin handling, everything goes via multi-signature escrow directly into the highly secure Bitalo wallet where only you have access, even when the website goes completely offline.

In this context Bitalo provides:

The safest possible trading environment  Bitalo has implemented multi-signature HD wallet with backup transactions. Bitalo is not able to touch users’ funds or bitcoins unless explicitly agreed upon a dispute resolution.

Secure and fully encrypted communication channels  Bitalo includes social network elements that allow communication between users in a fully encrypted environment where not even the site administrators can read the communication.

Arbitration and Dispute Resolution  Bitalo provides full dispute resolution in case of a dispute between users: Bitalo can only access funds with explicit consent of either seller or buyer.

Bitalo AG is a small self-funded stock corporation located in Germany, run by Fabio Bossi and Pawel Makulski with the financial support of main investor Martin Albert.

Bitalo: https://www.bitalo.com/


Related News

Bitalo Simplifies Bitcoin Earning, Launches Multi-Service Platform

Bitcoin in last few years has welcomed thousands of developers and finance professionals to experiment with its technology. There is no doubt the invitation has been accepted with both hands, as we now can see many new ideas maturing digitally, ranging from remittance to blockchain applications. Despite all the new interpretations of Bitcoin code, there still has been one thing which most of the developers have ignored – to enable users to earn Bitcoin in a safe and secure environment. The launch of Bitalo, however, seemed to have fixed that void after all. Bitalo is a newly launched....

Bitalo: ‘Infrastructure For A Full Bitcoin Economy’

A new multi-function platform is coming to the crypto-realm offering an array of services. Bitalo the “highly secure trading environment” is a platform that promotes the use of Bitcoin as the number one currency. The team says it’s a service that offers a product marketplace as well as a fully functioning exchange among it’s many features. The creators say: Bitalo is launching its Swiss-Army knife of cryptocurrency solutions by announcing its new service on December 27. The team administration claims the platform is extremely secure by offering its user-side encrypted multi-signature HD....

Bitalo.com Puts Massive 100BTC Bounty On Hacker

Back in September, we reported on a blackmailer/hacker who had been DDOS attacking the popular bitcoin sports book Nitrogensports.eu and then blackmailing them into paying a ransom for it to stop. Today, we have been informed by Bitalo.com, a “multi-signature wallet and decentralized exchange” with that they are the latest victim of attacks by the same hacker. The site was offline for two days before coming back online shortly before publishing. Bitalo.com's owners have informed us that rather than give into the hacker's demands, they will be putting up a bounty on the hacker who goes by....

Multi-Platinum Recording Artist Lil Pump to Drop ‘Digital Jewelry’ NFTs

On March 10, the hip-hop artist Lil Pump announced the multi-platinum-selling artist has partnered with the non-fungible token (NFT) platform Sweet. The American rapper will drop three unique NFT collectibles in total and he’s also releasing a one-of-a-kind “digital jewelry collectible NFT” collection. Lil Pump Launches Non-Fungible Token Assets via Sweet The multi-platinum-selling hip-hop recording artist, Gazzy Garcia, known professionally as Lil Pump has jumped into the non-fungible token (NFT) assets game by partnering with the company Sweet. Lil Pump got mainstream....

Bitcoin Platform BlockTrail Launches Developer Platform

Bitcoin API platform focused on developers and enterprises, BlockTrail has launched a Developer Platform, the company announced in a blog recently. The Developer Platform is a box-set of all the tools, including Blockchain Data API, Wallet API, Webhooks and Web Wallet, required to integrate developer apps with the Bitcoin capabilities. The launch comes roughly a couple of weeks after the API developer acquired SendChat. The company's blog post said, "Our goal is to encourage the Bitcoin economy by providing a secure, reliable and fast way to build and transact with Bitcoin. By breaking....