Bitcoin Startup Malaysia
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21-Oct-2014 -
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Transcript of Bitcoin Startup Malaysia
Startup Malaysia
This is our future...
What is Bitcoin?• Bitcoin is a Crypto Currency aka Digital Money.
• Bitcoin can also be treated as Digital Gold. Bitcoin can be mined just like gold mining.
• Bitcoin is right now, is considered as a Global Currency.
• Only 21,000,000 Bitcoins only exists in the world.
• Bitcoin can NEVER be duplicated or created outside the 21 million, it is finite.
But it's more than that....• Bitcoin is a revolutionary TECHNOLOGY never before
done in the history of humanity. (by Satoshi Nakamoto)
• An international network payment system that is completely DECENTRALISED that doesn't rely on banks, government or central authority.
• Highly TRANSPARENT, neutral and free from any political influence and from any control.
Bitcoin Advantages • RM100mil can be transferred from Malaysia to
anywhere in the world in INSTANTLY with no fee involve and without going middle man (banks).
You are your own bank.You are in control...
Startup Malaysia
What we do as a
Cryptomarket.my1st Bitcoin Exchange in Malaysia
Fully Automated Exchange Sell Orders
Where do we buy Bitcoins?
http://belibitcoin.comBitcoin Topup Cards
Where can we spend our Bitcoins?
http://bil.myBitcoin Bill Payments
Bill Payment History
What about retailers & merchants?
More > 30,000 Retailersin the USA
What about physical retail?
3.
http://www.thestar.com.my/Tech/Tech-News/2014/04/14/Money-talks/
Published: Monday April 14, 2014 MYT
9:45:00 AM
RM1000 Bitcoin App Challenge
Let see how it works ...
User scans QR Code and SEND
Payment Received!
Merchants get CA$H not Bitcoins...
Low friction barrier to entry.Merchants are not at risk.
1. Bitcoin Topup Cards2. Bitcoin Bill Payments3. Bitcoin Point of Sale
Startup Malaysia
& Exchange
4. Bitcoin Donation...
Business Model• Our revenue model comes from transactions, commissions &
exchange fees.
• Each exchange fee will be at 5% • Each bill we get commissions of RM1
• Each POS transaction will charge 1.5%• Appreciation of Bitcoin price est. RM5000 end of this year
• Donation management fees of 20%(now RM2181.91)
(imagine money exchanger)
Funds Required & Timelines• Additional funding of RM500,000 required.
• Expand team, customer service & support to attend to customers.
• Expand tech team, developers to debug and fine tune system.
• Purchase of POS hardware (Android Tablets) ~RM100 each. Targeting about 1000x Merchants accepting Bitcoin.
• Card printing cost & increase distribution sites to 100x locations.
• Security & Penetration Testing Certification + Licensing
All to be completed in 9 months
The Capable & EXPERIENCED Team Members
Lookup our company for more information http://1337.com.my
Contact me at
THANKS
Startup Malaysia
This is our future...