Israeli Blockchain Startups: Security Name& Tag Line Description Homepage Founded • Bitrated protects customers against online fraud with multi-signature transactions. Bitrated: • Bitrated aims to make arbitration an open marketplace, where arbitrators can innovate and find new and Bitcoin Arbitration Marketplace creative ways to resolve disputes, and be judged based on the quality of their work and their reputation. www.bitrated.com 2014 • By opening this market to new players, Bitrated claims to bring better solutions to consumers and merchants by allowing them to transect safely over the internet, even anonymously. Domain-specific arbitrators with knowledge in specific fields can be chosen, allowing them to make better and more informed decisions. customers choose • Magicin Bits monitors exchanges and evaluates their performance and availability to help what's right for them. The company’s digital currency is stored in multi signature addresses. They are released by the approval of a rule based co-signer that supports limits, whitelists and more. Magic in Bits: • Magicin Bits makes sure customers’ wallet software is up-to-date, uncompromised and has the optimal Bitcoin Security Services security configuration. Magic in Bits also monitors unauthorized accesses to customers’ wallet's private files. www.magicinbits.com 2015 Customers’ digital currency will not leave their wallet unless they approve it using smartphone, e-mail or SMS. • Magicin Bits uses external and internal information sources to provide insights about the identity and the reputation of the receiver. The network is scanned for active attacks and potential threats for digital currency. Magicin Bits also analyzes customers’ behavior to prevent suspicious activity. • CoinCooler is a kit that helps users to create, encrypt and inspect digital files listing cold storage Bitcoin addresses in a secure and easy way. CoinCooler was designed to make the process of cold storage easy and CoinCooler: user friendly without compromising security. CoinCooler runs on a dedicated RaspberryPi that is forever kept Easy Bitcoin Cold Storage on an offline. Digital files contain a list of Bitcoin Addresses and their associated Private Keys are generated, offline RaspberryPi strongly encrypted, and then downloaded to USB memory sticks. Advanced Features allow users to mitigate www.coincooler.com 2014 some of the risks associated with password loss and a way to enable heirs of users’ choice to inherit their bitcoins in case anything happen to them. • Finally, users can use CoinCooler to securely inspect the content of their cold storage files so that users can glean the private key when deciding to retrieve funds from any of their cold storage addresses. Ledgerlock: Advanced • Ledgerlock is the sister company of Bits of Gold, with CEO Jonathan Rouach. The company focuses on https://github.com/Led Blockchain Security providing advanced blockchain security gerLock 2015 Hermetic: Eliminate password • Hermetic Vault SDK brings secure credential storage to any mobile device, simplifying authentication and security without compromising privacy control for end users and service providers alike. Sensitive assets are made easily accessible to their http://hermetic.io/ 2013 security owners with just a PIN, swipe pattern or fingerprint. Yet, they remain secure against brute force attacks, server hacking, and even lab attacks. Israeli Blockchain Startups: Buy and Sell Name Description Homepage Founded CoinMama: • CoinMamaoffers a quick way of purchasing virtual currency online by using Credit Card, Debit Card or Cash. Virtual Currency Buying Platform • Coinmama is a product of New Bit Ventures. www.coinmama.com 2013 Bit2c: • Bit2C Ltd is providing trading services in bitcoin. All trading is executed in the Bit2C website platform, which Israel's Largest Bitcoin Exchange facilitates interaction between sellers and buyers. www.bit2c.co.il/ 2013 • Bits of Gold's team is working to make this new economy accessible in emergent markets, in traditional Bits of Gold: Provides Bitcoin banking and financial institutions. They focus is security, ease of use and adherence to regulation. Services to the Israeli Market • Bits of Gold operates the largest bitcoin change in Israel today, with strict adherence to local regulation. www.bitsofgold.co.il 2013 • Bits of Gold is expanding the offer to more markets (Middle east and Europe), while working on software modules to enable bitcoin for traditional deposit-holding businesses. • SimplexCC Ltd. enables crypto-currencies exchanges to accept credit cards at no chargeback risk. Simplex: This is achieved by utilizing fraud analysis and risk management along with a unique understanding of the Credit Card Payments for Bitcoin crypto-currency protocol in its context. www.simplexcc.com 2014 Exchanges • The solution expands the total addressable market of Bitcoin by orders of magnitude while accumulating priceless user and identity data and associate with the pseudo anonymous environment. • AlgoBit is an algorithmic-based platform that uses data and sophisticated algorithms to execute trades in some of the largest crypto-currency exchanges in the world. AlgoBit: Algo-Trading Platform • The company has developed smart algorithms and solid software that enables automatic trading of virtual http://algobit.org/ 2015 for Virtual Currencies currencies. Currently, they strive to create a solid basis for an excellent product. Therefore, they are exploring different algorithms such as mathematical trend prediction, machine learning artificial neural network (ANN), Genetic Algorithm, Arbitrage and others. • ChromaWallet, the ChromaWay's flag product, is just like a normal Bitcoin wallet, but additionally allows one to work with assets which are represented by colored coins. The ChromaWallet provides any kind of tokens, ChromaWallet: Blockchain such as shares, bonds, tickets, private currencies or smart property. Platform for Financial • Trade transactions are allowed on a build-in decentralized exchange. chromaway.com 2014 Transactions • Information about the ownership of colored coins is recorded directly in the Bitcoin block chain, which means it is unforgettable and doesn't rely on any third-party server to keep valid records of ownership. • The company plans to implement Bitcoin's advanced features, such as escrow, dispute mediation, trustless mixing and so on. 26
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