How they describe themselves: The banking system we have today is inaccessible by a large portion of the world’s population. ArcBit plans to lever Bitcoin and Blockchain technology to bank the unbanked. ArcBit provides you with the software applications you need to connect to the global economy with the cryptocurrency Bitcoin. On top of the ArcBit Wallet platform we’ve built, we aim to provide a truly global peer to peer lending service that transcends borders.
How they describe their product/innovation: Your bank in your pocket, and your money safely in your control, that’s the way banking should be. ArcBit Wallet is a mobile application that gives you full control over your bitcoins. With the ArcBit Wallet, you can send and receive bitcoins from anywhere in the world to anywhere in the world. It is basically a bank in your pocket.
Product distribution strategy: Direct to Consumer (B2C)
Bus. Dev.: Tim Lee, Founder, email@example.com