Ideas on That Launches New Service Linking a Bitcoin Address to a Person’s Identity
(April 23, 2018) --- According to recent data, there are more than 700 thousand Bitcoin wallets that hold more than 1 BTC, and thanks to a new online service called Crypto Worth, even more people across the globe will be able to utilize Bitcoin in a new way.
Crypto Worth, a Canadian website, which was developed by its parent company, Ideas on That, is an online service that verifies if a LinkedIn member has access and control of a particular Bitcoin address. The company then issues a perishable webpage with the LinkedIn member’s name, photo and balance of the associated bitcoin address. This page can be used as a proof of crypto capital (Bitcoin only) instead of requiring sight of a Bitcoin wallet or trusting a Bitcoin address with no association.
The launching of Crypto Worth could prove to have perfect timing due to the increase in Bitcoin and cryptocurrency in general. In fact, Bitcoin, according to economic and currency experts, has become a mainstream investment for the masses. Bitcoin can now also be traded on two leading US derivatives exchanges, the CBOE and the CME, in the form of bitcoin futures contracts.
In addition, in 2017, Bitcoin not only experienced a massive 1,900 percent rally to hit an all-time high of over $20,000.
“Bitcoins are like gold, you do not carry it around to prove how much you have,” Ramon explained. “There must be a way for a third party to verify your worth in Bitcoin, the equivalent of a bank confirmation letter.”
Ramon, who holds a master’s in E-Commerce from the University of Montreal and HEC, said his company’s mission is to facilitate the inclusion of Bitcoins in the established economy and the launching of Crypto Worth is an innovative resource that benefits people with investments in Bitcoin and those that participate in the cryptocurrency industry.
“We’re very excited about Crypto Worth,” said Ramon, who has more than 18 years of experience in ecommerce, Ramon went on to explain that Crypto Worth works in three quick and easy steps.
Step one: The picture is taken from your LinkedIn profile; Step two: The balance comes from the blockchain record of your bitcoin address; Step three: The Bitcoin address comes from the transaction record created when you paid for this service.
“I invite cryptocurrency entrepreneurs and cryptocurrency investors to visit our website to get started reaping the benefits that Crypto Worth has to offer,” Ramon said.
For more information, please visit: http://cryptoworth.ideason.ca.
Crypto Worth, a Canadian website, which was developed by its parent company, Ideas on That, is an online service that verifies if a LinkedIn member has access and control of a particular Bitcoin address. The company then issues a perishable webpage with the LinkedIn member’s name, photo and balance of the associated bitcoin address.
1388 rue Sherbrooke Est, Av, Av
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ideas on That Launches New Service Linking a Bitcoin Address to a Person’s Identity here
News-ID: 1025451 • Views: 219
More Releases from Ideas On That
Ideas on That Launches New Service to Help Seniors Who Cannot Use Email
Summary: In an effort to help people who are unable to use email, an industry leader in developing innovative ideas for people across the globe, has developed a new service that makes it possible to send emails by post. (May 23, 2018) --- Representatives with Ideas of That announced today that it has launched a new service called emailLESS that’s geared toward helping seniors interact with email using regular posts. “The
Ideas on That Launches New Service for Placing Text on the Bitcoin Blockchain
Summary: One of the industry’s most innovative companies is now offering a service that allows users to place text on the Bitcoin Blockchain. (May 14, 2018) --- Thanks to a new, revolutionary online service developed by Ideas on That, people are now able to place ad text on the Bitcoin Blockchain. “The main feature is that it gets recorded in the Bitcoin Blockchain forever,” said Ideas of That Spokesman Darwin
More Releases for Bitcoin
Bitcoin going down, purchases for Bitcoin - grows
Coin2Shop analysts have published data about the number of buyers who use BTC and ETH to pay for goods in online shops has increased. And if in August the number of users of the company's plug-in did not exceed 400 accounts, and the number of purchases for cryptocurrency was almost half less - 231 transactions from August 10 to September 10, then for the same dates from October to November
A Reporter’s Guide to Using Bitcoin Safely
While Bitcoin is a hot topic, many reporters want to help their readers understand how to use it safely. Joshua H has created an actionable infographic that simplifies the threats and outlines the ways to not get ripped off using Bitcoin. “Reporters have different readers, yet they need a simple way to help their audience stay safe using this new currency,” Joshua said. “So I created an infographic to do just that.” Reporters
Bitcoin Electricity Consumption – Part 2
The debate rages on as bitcoin electricity consumption increases… Earlier this year, we published an article on bitcoin electricity consumption, reporting how Iceland has become one of the top locations for cryptocurrency servers, which now exceed the consumption of private energy users. Now, the criticism amongst ecological circles and the debates around bitcoin electricity consumption have been fuelled by a paper by Alex de Vries of PwC’s Experience Center in Amsterdam. His
Global Bitcoin Technology Market (Micro Bitcoin, Milli Bitcoin, and Bitcoin) is …
Global Bitcoin Technology Market is estimated to grow at a CAGR of 7.26% over the period 2017 - 2022. Bitcoins exist either on a users computer or in the cloud and are stored in a digital wallet. The wallet is similar as virtual bank account, which allow users to pay for goods, send or receive bitcoins, or save their money.historical events, and the current market picture. Moreover, the report also
Bitcoin Market, An Apology for Blockchain
Decimal Point Analytics has published its weekly digest on 18 December titled “Bitcoin Market, An Apology for Blockchain” In this article it has posit a question, if the ongoing frenzy for Bitcoin crashes will that eventually cause users to shy away from the underlying technology of Blockchain? Bitcoin is a currency based on blockchain and is espoused to have all the properties of blockchain and is supposed to be decentralized. However when you
Buy and sell for Bitcoin in India
OyeDekh is the first Indian online classified startup website where anyone can buy and sell any goods and services for bitcoins. OyeDekh is also a Marketplace to buy, sell, rent, exchange, donate and advertise anything from anywhere. Here you can Post free ads, Local Finds and Advertise for free. We are having Facebook community also where manufacturer, wholesaler and reseller can advertise for free. User can also Whatsapp their