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1<!DOCTYPE html><html><head><meta charset="utf-8"><title>About › Bitrated</title><base href="https://www.bitrated.com"><meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"><meta name="viewport" content="width=device-width, initial-scale=1.0"><meta name="apple-mobile-web-app-capable" content="yes"><meta name="description" content="Bitcoin Trust Platform - Identity &amp; reputation management, multi-signature smart contracts and consumer protection for Bitcoin and other cryptocurrencies."><meta itemprop="image" content="https://static.bitrated.com/share/lg.png"><meta property="og:image" content="https://static.bitrated.com/share/lg.png"><meta property="og:site_name" content="Bitrated"><meta property="og:description" content="Bitcoin Trust Platform - Identity &amp; reputation management, multi-signature smart contracts and consumer protection for Bitcoin and other cryptocurrencies."><meta property="fb:app_id" content="727691027287815"><meta name="twitter:card" content="summary_large_image"><meta name="twitter:site" content="@bitrated"><meta name="twitter:title" content="About › Bitrated"><meta name="twitter:description" content="Bitcoin Trust Platform - Identity &amp; reputation management, multi-signature smart contracts and consumer protection for Bitcoin and other cryptocurrencies."><link rel="stylesheet" href="https://static.bitrated.com/5268ce0/sw.css"></head><body role="document">
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1<nav role="navigation" class="navbar navbar-inverse navbar-fixed-top"><div class="container"><div class="navbar-header"><button type="button" data-toggle="collapse" data-target="#navbar-collapse" class="navbar-toggle"><span class="sr-only">Toggle navigation</span><span class="icon-bar"></span> <span class="icon-bar"></span> <span class="icon-bar"></span></button><a href="/" class="navbar-brand">Bitrated</a></div><div id="navbar-collapse" class="collapse navbar-collapse"><ul class="nav navbar-nav navbar-left"><li><a href="/explore">Explore</a></li><li><a href="/faq">FAQ</a></li><li><a href="/docs">API</a></li></ul><ul class="nav navbar-nav navbar-right"><li><a href="/join" class="highlight">Join Bitrated</a></li><li><a href="/login" class="highlight">Login</a></li></ul></div></div></nav><div class="page-header"><div class="container"><h1>About Bitrated</h1></div></div><div role="main" class="content container"><div class="container-narrow"><p><strong>Bitrated is the trust platform for the cryptocurrency economy.</strong>
2We provide fraud prevention and consumer protection mechanisms for Bitcoin and other cryptocurrencies,
3based on our unique identity &amp; reputation management system and
4by utilizing the Blockchain technology to allow for payment reversibility and smart arbitration contracts.</p>
5<p>Launched in 2013, Bitrated was the first multi-signature application ever released to the public.
6Bitrated is operated from Israel and was founded by Nadav Ivgi, a software developer and a long time
7Bitcoin enthusiast.</p>
8<h4 id="the-product">The Product</h4>
9<ul>
10<li><p><strong>The reputation management system</strong> allows users to build their reputation and demonstrate their trustworthiness
11by linking their online identity, making connections within the web of trust network and gaining positive ratings.
12Each user is assigned with a <em>Bitrating</em> score, a numeric measurement of their trustworthiness.</p>
13</li>
14<li><p><strong>The payment system</strong> provides multi-signature smart contracts, allowing buyers &amp; sellers to appoint a trusted agent
15to act as an arbiter for e-commerce transactions who can intervene in case of dispute, adjudicate and reverse payments.</p>
16</li>
17<li><p><strong>The arbitration marketplace</strong> allows anyone to provide dispute resolution services in exchange for fees,
18without holding user funds in escrow and without the regulations and costs associated with that  –
19lowering costs, encouraging competition and making the dispute resolution process more innovative,
20comprehensive and fair.</p>
21</li>
22</ul>
23<h4 id="the-mission">The Mission</h4>
24<p>Bitcoin has long been criticized for its lack of regulatory bodies that can govern transactions and protect consumers against fraud.
25And indeed, Bitcoin payments are normally final and irreversible, with almost no recourse for consumers in case of fraud.
26This, in addition to the semi-anonymity provided by Bitcoin, leads to a growing problem of fraud
27with thousands of reported fraud cases in the various Bitcoin communities.</p>
28<p>We believe that this is one of the key factors standing in the way of Bitcoin and other cryptocurrencies from reaching mainstream adoption,
29and that the cryptocurrency ecosystem must evolve to provide consumers with alternative solutions.</p>
30<p>Fortunately, these issues are not inherent to decentralized cryptocurrencies.
31In fact, the smart contracts capabilities enabled by the blockchain technology,
32in combination with a smart reputation management system,
33can not only resolve these issues and protect consumers against fraud –
34but also greatly improve upon the solutions available today in the traditional financial system.</p>
35<p>And so we made it our mission to provide the cryptocurrency ecosystem with tools to resolve those issues,
36build consumer confidence and help push Bitcoin towards mainstream adoption.</p>
37<h4 id="the-people">The People</h4>
38<ul>
39<li><p><strong>Nadav Ivgi</strong>, <em>founder</em> -
40software developer with 14 years of experience, entrepreneur, open source contributor and a Bitcoin enthusiast.
41Prior to working on Bitrated, Nadav was the CTO at a software development firm specializing in developing management &amp; automation tools
42for online marketing campaigns, which he co-founded in 2009.
43<em>(<a href="https://www.bitrated.com/nadav">Bitrated</a>,
44<a href="https://www.linkedin.com/in/nadavivgi">Linkedin</a>,
45<a href="https://github.com/shesek">GitHub</a>,
46<a href="https://twitter.com/shesek">Twitter</a>)</em></p>
47</li>
48<li><p><strong>Meni Rosenfeld</strong>, <em>investor and advisor</em> -
49Bitcoin researcher and mathematics M.Sc. graduate of the Weizmann Institute of Science that specializes in machine learning.
50Meni is a leading founding member of the Israeli Bitcoin community
51and currently serves as the Chairman of the Israeli Bitcoin Association.
52<em>(<a href="https://www.bitrated.com/MeniRosenfeld">Bitrated</a>,
53<a href="http://il.linkedin.com/in/menir">Linkedin</a>,
54<a href="http://fieryspinningsword.com/">blog</a>,
55<a href="http://arxiv.org/find/cs/1/au:+Rosenfeld_M/0/1/0/all/0/1">research papers</a>,
56<a href="https://bitcointalk.org/index.php?topic=121314">vanity thread</a>)</em></p>
57</li>
58<li><p><strong>Jonathan J. Klinger</strong>, Adv., <em>legal advisor</em> -
59an Israeli attorney specializing in the fields of technology, cyberlaw, information security, privacy, open-source and cryptocurrencies.
60Also serves as the legal counsel for the Israeli Bitcoin Association, Israel Digital Rights Movement, Hamakor Society for Free Softw
60are and
61numerous other organizations, startups and high-tech companies.
62<em>(<a href="https://www.bitrated.com/jonklinger">Bitrated</a>,
63<a href="http://il.linkedin.com/pub/jonathan-j-klinger/4b/999/46b">Linkedin</a>,
64<a href="https://twitter.com/jonklinger">Twitter</a>,
65<a href="http://2jk.org/english/">blog</a>)</em></p>
66</li>
67</ul>
68<h4 id="contact-us">Contact us</h4>
69<p>You can reach us <a href="/contact">here</a> or at <a href="mailto:[email protected]">[email protected]</a>.</p>
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