Charleston, South Carolina
Bitreserve was started by Halsey Minor, the man behindthe likes of Cnet and Salesforce. Bitreserve is not just a bitcoin money transfer site, but a new financial system where bitcoin is backed by digital fiat currencies and precious metals to eliminate the volatility associated with bitcoin.
Bitreserve enables people to spend bitcoins, in the same way as money. The transparent system provides real time verifiable proof of solvency to ensure greater trust levels. Bitreserve currently supports 8 currencies and 4 precious metals.
Bitreserve has raised close to $14.5 million till date.