Bitrated is the trust platform for the cryptocurrency economy.We provide fraud prevention and consumer protection mechanisms for Bitcoin and other cryptocurrencies, based on our unique identity & reputation management system and by utilizing the Blockchain technology to allow for payment reversibility and smart arbitration contracts.Launched in 2013, Bitrated was the first multi-signature application ever released to the public.Bitrated is operated from Israel and was founded by Nadav Ivgi, a software developer and a long time Bitcoin enthusiast.The reputation management system allows users to build their reputation and demonstrate their trustworthiness by linking their online identity, making connections within the web of trust network and gaining positive ratings.Each user is assigned with a Bitrating score, a numeric measurement of their trustworthiness.The payment system provides multi-signature smart contracts, allowing buyers & sellers to appoint a trusted agent to act as an arbiter for e-commerce transactions who can intervene in case of dispute, adjudicate and reverse payments.

The arbitration marketplace allows anyone to provide dispute resolution services in exchange for fees, without holding user funds in escrow and without the regulations and costs associated with that – lowering costs, encouraging competition and making the dispute resolution process more innovative, comprehensive and fair.Bitcoin has long been criticized for its lack of regulatory bodies that can govern transactions and protect consumers against fraud.And indeed, Bitcoin payments are normally final and irreversible, with almost no recourse for consumers in case of fraud.This, in addition to the semi-anonymity provided by Bitcoin, leads to a growing problem of fraud with thousands of reported fraud cases in the various Bitcoin communities.We believe that this is one of the key factors standing in the way of Bitcoin and other cryptocurrencies from reaching mainstream adoption, and that the cryptocurrency ecosystem must evolve to provide consumers with alternative solutions.

Fortunately, these issues are not inherent to decentralized cryptocurrencies.In fact, the smart contracts capabilities enabled by the blockchain technology, in combination with a smart reputation management system, can not only resolve these issues and protect consumers against fraud – but also greatly improve upon the solutions available today in the traditional financial system.And so we made it our mission to provide the cryptocurrency ecosystem with tools to resolve those issues, build consumer confidence and help push Bitcoin towards mainstream adoption.Nadav Ivgi, founder - software developer with 14 years of experience, entrepreneur, open source contributor and a Bitcoin enthusiast.Prior to working on Bitrated, Nadav was the CTO at a software development firm specializing in developing management & automation tools for online marketing campaigns, which he co-founded in 2009.(Bitrated, Linkedin, GitHub, Twitter) Meni Rosenfeld, investor and advisor - Bitcoin researcher and mathematics M.Sc.

graduate of the Weizmann Institute of Science that specializes in machine learning.Meni is a leading founding member of the Israeli Bitcoin community and currently serves as the Chairman of the Israeli Bitcoin Association.(Bitrated, Linkedin, blog, research papers, vanity thread) Jonathan J. Klinger, Adv., legal advisor - an Israeli attorney specializing in the fields of technology, cyberlaw, information security, privacy, open-source and cryptocurrencies.bitcoin billionaire google playAlso serves as the legal counsel for the Israeli Bitcoin Association, Israel Digital Rights Movement, Hamakor Society for Free Software and numerous other organizations, startups and high-tech companies.bitcoin origin block(Bitrated, Linkedin, Twitter, blog) .uk bitcoin gateway

The Bancor Protocol is a proposed standard for the creation of Smart Tokens, a new category of intrinsically tradable cryptocurrencies that know how to provide their own liquidity and price discovery, without relying on an exchange.Starting on the Ethereum public blockchain, Bancor Protocol enables built-in price discovery and an automatic liquidity mechanism for Smart Tokens, without the need for matching two parties in an exchange.bitcoin for sale in ghanaCrypto Insider reached out to Bancor CEO Guy Benartzi to find out more.bitcoin faucet maker“Bancor protocol create a new generation of cryptocurrencies called Smart tokens,” Benartzi explained to Crypto Insider.pagare con bitcoin in italia“These new tokens know to provide their own liquidity and price discovery, without relying on an exchange.mycelium bitcoin help

This is critical as the liquidity barrier is one of the biggest challenges facing the growth of cryptocurrencies and Bancor has solved this challenge.” The Bancor whitepaper explains that the Bancor protocol is named in honor of the Keynesian proposal to introduce a supranational reserve currency called Bancor to systematize international currency conversion after WWII.Bancor smart tokens hold one or more other tokens in reserve, and enable any party to instantly purchase or liquidate the smart token in exchange for one of its reserve tokens, directly through the smart token’s contract.linux bitcoin command lineThe whitepaper illustrates the concept of smart tokens, which can be elusive at first, with use cases and price calculations.bitcoin intraday chartsThe Bprotocol Foundation, established in Switzerland in 2017 to promote the development and adoption of the Bancor protocol, is supported by LocalCoin Ltd., a company currently working full time on developing software for the Bancor protocol.

Galia Benartzi, co-founder of Bancor and responsible for business development at LocalCoin, recently presented Bancor at Launch, gave a TEDx Talk, and wrote an opinion piece for CoinDesk.Bancor recently announced the addition of mathematician Meni Rosenfeld to its advisory board.Rosenfeld founded Israel’s first Bitcoin exchange service in 2011 while researching mathematical aspects of blockchain systems, and became chairman of the Israeli Bitcoin Association in 2013.Bancor also announced an upcoming partnership with TokenCard, a smart contract powered debit card, which will allow smart tokens to be spent with TokenCards.“Bancor protocol provides a solution to the Coincidence of Wants Problem in economics, which states that it is very difficult to match people with opposite wants in real-time,” Benartzi told Crypto Insider.“Think about the challenges involved in barter and the difficulty finding the perfect coincidence of opposite needs.To address this we invented money, but currency trading (including stocks) still works like barter, you need to find an opposite match.