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Global access to capital.
We believe that everyone should have the right to bank. Sadly this is not the case. We’re creating wonderfully designed products built on top of distributed ledger technology to reduce friction and open up a direct global peer-2-peer marketplace.
Freedom from oppression.
Not every country is created equal but their citizens should be. Many countries around the world have oppressive regimes that mismanage their country's finances and it’s the 99% that end up paying for it. We’re giving power back to the people by allowing them to securely store their wealth and easily transact using digital currency.
Increased Efficiency. Decreased Fraud.
Credit, debit and gift card fraud is rampant and growing at a rapid pace. It accounts for billions of dollars in global loss and is a key piece in the trillion dollar money laundering problem.
Distributed ledger technology eliminates the ability to make fraudulent transactions by solving the double spending problem in a standard, verifiable, tamper-proof way. This provides the interoperability many merchants need. Bidali provides the tools, APIs and SDKs to leverage this technology to reduce the cost of keeping fraud at bay, thereby increasing efficiency in global markets.
Bidali was spun out of Bullish Ventures - a Canadian venture studio. Traditionally we've been a distributed company that employs talented people from all over the world and allows them to work from anywhere.
With this increasingly popular nomadic work style, getting access to funds and paying people is difficult, expensive, or downright impossible in many countries.
With distributed ledger technology we envision a better, safer, more transparent way forward that reduces middlemen and gives more control back to the individual. We’re building the tools to get there.
First lines of code written
Bidali was officially formed
Bidali allows people to buy giftcards from 100+ brands with Ether
Partnership with Choon announced
Bidali e-commerce alpha release
Support for Bitcoin & Litecoin added platform wide
First round of funding closed
Bidali becomes the first regulated Canadian crypto-payment processor
Compliance review completed with banking partner ATB Financial
Support for 50+ crypto-currencies added platform wide
Ability to buy gift cards in Canada, USA, Great Britain and Australia
Support for 100+ crypto-currencies added platform wide
Release of the Commerce SDK
Partnerships with Trust Wallet and 15+ other crypto wallets
Stablecoin partnerships with Paxos, Stably, Gemini and Trust Token