Israel is an interesting one to keep an eye on, from a Bitcoin perspective. Despite only having a small population of roughly 8 million, Israel is home to some of the most innovative technology startups and, when it comes to developer Bitcoin-related products and services, Israel is in the same “league” of countries as US, UK, and India.
BitRated: Identity and Reputation Management Services for Bitcoin
One of the most interesting companies based in Israel is called BitRated. This company provides the Bitcoin space with something that we haven’t had before; a reputation and identity management service. Considering how Bitcoin transactions are anonymous up to a certain extent, it’s hard to create a track record of successful transactions you have completed, let alone build up an online reputation.