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Airbitz Launches Mobile Bitcoin Wallet Designed for Mainstream Consumers San Diego Startup Brings Bitcoin User Experience and Security to New Levels

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         Airbitz Launches Mobile Bitcoin Wallet Designed for Mainstream Consumers San Diego Startup Brings Bitcoin User Experience and Security to New Levels

LAS VEGAS, NV – October 7, 2014 – Airbitz today announced the release of its integrated mobile bitcoin wallet and business directory, now with 3,200+ listings and coverage in 14 countries, at Inside Bitcoins Las Vegas. Airbitz CEO Paul Puey will present a session on “Bitcoin Wallets: Balancing Security, Privacy, and Ease of Use” at the conference on October 7th at 2:00PM.“In order to increase adoption of bitcoin and grow our ecosystem, we recognized the need to make transactions easier and more approachable,” said Airbitz CEO Paul Puey. “This was our impetus in creating a product with a carefully crafted UI and user experience, and we are extremely proud to bring the Airbitz wallet and directory to the masses.”The Airbitz Wallet and Business Directory features simple account & wallet creation using just a username, password and 4 digit PIN, making bitcoin as familiar as mobile banking.Features implemented for robust security, safety, and privacy include:- Automatic wallet encryption and cloud backup- Device-to-device account sync across phone, tablet, iOS, Android- Local, client-side encryption giving Airbitz zero-knowledge and zero-access to user data or funds- Great privacy through HD Wallets (changing addresses with each transaction)Additional exclusive features:- Payments via Bluetooth Low Energy (BLE) without QR code (iPhone only)- Merchant Mode with the ability to detect partial payments- User provided transaction data including Payee, Category, Notes and ability to search by these fields.Airbitz is available for free on Android and iOS mobile devices at http://airbitz.co and in the Google Play and Apple App Stores. The Airbitz source code will be released as open source by the end of October 2014.About AirbitzAirbitz was founded in January 2014. Airbitz aim to bring bitcoin to the next billion users through amazingly simple yet feature rich applications focused on ease of use and ease of security. Its focus is to deliver software, services, and products with an amazing user experience, both visually and functionally, simplifying this advanced technology and delivering it to the masses while still retaining Bitcoin’s core principles of decentralization and privacy. For more information, visit www.airbitz.co and follow us at www.twitter.com/airbitz

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