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Ideas on That Launches New Service Linking a Bitcoin Address to a Person’s Identity

04-23-2018 01:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Ideas On That

Summary: One of the industry’s most innovative companies has officially launched a new, revolutionary online service for the world’s most popular cryptocurrency.
(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.
“What makes our service different from everything else on the market is that most companies are building their business model around the anonymity of Bitcoin,” said Ideas On That Spokesman Darwin Ramon. “We are doing the contrary, we link a Bitcoin address to a person’s identity.”
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.

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