One of the many questions I get all the time from people who are new to digital currency is “How do I buy/sell Bitcoins?” It is a question with answers that could be better, quite frankly. Using online brokerage or exchange accounts will require a fair amount of identification and a vetting process, and buying them in person is still years away from reality. The whole process could be easier, and apparently AirBitz sees a market need that they can fill.
Read the full story below.
AirBitz has gotten tired of the referral process too and has developed a mobile app that will make Bitcoin acquisition much easier for one and all. AirBitz has created an innovative Edge Security platform into their mobile app that makes Bitcoin protection a snap. Edge Security integrates features like One-touch two-factor authentication, automatic backups, data rollback, and device synchronization; all accomplished with zero-knowledge and near-zero trust. It turns out that was just the beginning of what you can do with this mobile app.
Now you can add a Glidera account within the app and send Bitcoins with a BitID. What is a BitID? BitID allows users to use their Bitcoin private key to access the service, removing the need and security compromise of the old username/password concept. BitID increases speed, convenience and security for users, and provides cutting-edge peace-of-mind to the world’s most cutting-edge currency transactions.
AirBitz’s new app features and Glidera accounts are initially available in 19 U.S. states, as well as Canada, during the beta phase. DCE Brief spoke with AirBitz CEO Paul Puey about the prospects for market expansion for this app’s newest features.
“Our partner Glidera is carefully evaluating each state and is launching support based on the regulatory environment and licensing requirements,” Puey tells DCE Brief. “We intend to launch globally with support for other regions such as most of Europe and developing countries such as Mexico and the Phillippines.”
So how do the private keys work, and how much access does AirBitz have to them? Well, a users’ private keys are created and stored on the users’ local device, encrypted at all times. Upon account and wallet creation, private keys are where they are encrypted and backed up to AirBitz’s peer-to-peer, high redundancy backup servers. The location of the encrypted data for any specific account is only known by the client application on the user’s device. Therefore, Airbitz cannot determine the exact file storage of any specific user’s data.
Keeping these new features on their Edge Security mobile app, and off of a common website browser, increases user security and severely limits the possibility of a hacker making off with funds. Besides, mobile web use has already passed desktops as the choice for online access. AirBitz has made apps for both Google Play and Apple’s App Store, so buying and selling bitcoins quickly and securely has never been easier, or safer.