Company Overview
Snapshot
Founded in December 2013 by Nadav Ivgi, Bitrated operates with 1-10 employees. The company has secured funding across one round from one investor, Meni Rosenfeld. In April 2015, Bitrated upgraded its service to provide fraud prevention and consumer protection mechanisms for Bitcoin transactions.
Business overview
Bitrated offers a trust platform for the cryptocurrency economy, focusing on fraud prevention and consumer protection for Bitcoin and other cryptocurrencies. The company utilizes an identity and reputation management system, blockchain technology for payment reversibility, and smart arbitration contracts. Bitrated aims to enable self-regulation within the cryptocurrency market through user reputation, smart contracts, and a voluntary arbitration process. It operates within the Cyber Security sector, with core technologies in DLT & Blockchain and Platforms & Interfaces, targeting consumers in Commerce & Retail.
Strategic signal
In April 2015, Bitrated launched an upgraded service to enhance fraud prevention and consumer protection within the Bitcoin ecosystem. This development is significant as it addresses a critical barrier to mainstream cryptocurrency adoption by introducing mechanisms for trust and security, which are vital for investor confidence and broader market participation. The move signals Bitrated's commitment to maturing the cryptocurrency landscape by providing essential infrastructure for secure transactions.
Log in to access full profile ›Company Intelligence Q&A
- What is Bitrated's primary focus?
- Bitrated focuses on providing a trust platform for the cryptocurrency economy, specifically offering fraud prevention and consumer protection solutions for Bitcoin and other cryptocurrencies.
- When was Bitrated founded and by whom?
- Bitrated was founded in December 2013 by Nadav Ivgi.
- What core technologies does Bitrated utilize?
- Bitrated utilizes blockchain technology for payment reversibility and smart arbitration contracts, alongside an innovative identity and reputation management system.
- What was a key development for Bitrated in April 2015?
- In April 2015, Bitrated upgraded its service to provide enhanced fraud prevention and consumer protection mechanisms for Bitcoin transactions, integrating a reputation management system, multi-signature verification, and an arbitrated marketplace.