GAP600 Overview
GAP600 scores and guarantees Bitcoin transactions published on the Bitcoin network. The company enables Bitcoin service providers, merchants, and developers to accept zero-confirmed Bitcoin transactions in real time. The company uses data analytics to calculate the risk of a double-spend and, in so doing, confirms transactions instantly, rather than waiting for an initial or subsequent confirmation. This is done by an algorithm (based on real-time data science models) that the company developed, which scores each transaction it curates in real time.
Latest News
growth-positive
Becky's Affiliated: How Gap600 enables instant transactions for iGaming payment processors
Gap600, a company that enables instant deposits and payments for cryptocurrency exchanges and payment processors, is providing its services to the gaming industry. By utilizing digital currencies like Bitcoin SV, Gap600 allows for instant, guaranteed transactions, eliminating the usual delays associated with cryptocurrency transactions. The company uses proprietary analytics tools to check the validity of transactions on the blockchain, reducing the risk of fraud. Gap600s approach is simple and straightforward, providing a financial guarantee on transactions deemed good through their back-end integration. The companys services are particularly well-suited for the iGaming industry, which is at the forefront of technology and values instant customer experiences. Gap600s CEO, Daniel Lipshitz, highlights the natural fit between the gaming industry and their service.
CustomersPartners
growth-positive
GAP600 adds support for Bitcoin SV
GAP600, a global pioneer in cryptocurrency payment transaction enablement, announced that it will support Bitcoin Satoshi Vision (SV). The companys proprietary risk engine enables exchanges and payment processors to recognize unconfirmed Bitcoin, Bitcoin Cash, and Bitcoin SV transactions as final. GAP600 will focus on broadening its services to clients by adding support for additional cryptocurrencies. The CEO believes that Bitcoin SV has a great chance at mass adoption due to its stable and massively scalable protocol. The company is passionate about the potential of cryptocurrencies and will continue to support the entire community.
PartnersCustomers
growth-positive
'Mainstream Adoption Requires Financial Institutions to Adopt Bitcoin,' Says GAP600 CEO
GAP600, a company based in Raanana, Israel, specializes in allowing bitcoin service providers to accept zero confirmation bitcoin transactions. The CEO and founder, Daniel Lipshitz, believes that bitcoin will become part of the financial landscape and add value. However, there are challenges to overcome for bitcoin to gain mainstream acceptance. GAP600 has developed a technology called G6 which analyzes and performs risk scoring for each transaction in real-time. The company recently processed over $20 million worth of transactions in a single month and expects to grow further. They also plan to partner with more bitcoin and blockchain API service providers.
Partners
| Sector | Fintech & Insurtech |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 0 |
| Investors | 0 |
Team Members
4
Employees: 1-10
Web & Social Links
| Website | www.gap600.com |
| Careers | Careers page |
Locations
HaSheizaf St 4, Ra'anana, Israel
9435 West River Schiller Park, IL, USA
Photos & Videos
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