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Artech Digital - LocalBitcoin

LocalBitcoin is a startup of the bitcoin ecosystem; the company is based in Helsinki, Finland. Its service facilitates the over-the-counter exchange of bitcoins into local currency or other crypto currencies called “altcoins”. The Localbitcoin platform was born in 2013 in Finland with a business model based on facilitating the purchase and sale of the world’s most famous cryptomone; bitcoin, with local currency in more than 200 countries around the world. By December 2013 it had 110,000 active users exchanging up to 1,400 to 3,000 bitcoins per day, then equivalent to 3 million euros. LocalBitcoin calls other exchanges or exchange houses that exist in the market differently; but ¿why are they different? simply because LocalBitcoin is decentralized and focuses on the bitcoin philosophy. LocalBitcoins also offers a reputation mechanism and a feedback mechanism for users and an escrow and conflict resolution system. As of December 2013, LocalBitcoins had around 110,000 active traders with......

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