Make way bitcoin community, there is a new digital currency company on the block. A new startup based in Chicago, Illinois, called Glidera has entered the world of bitcoin to further expand and enhance it.
What is Glidera?
Glidera Inc. is a privately owned digital currency company founded in 2013. The company, founded by David Ripley and Michael Xakellis, promises secure, easy to use transparent and compliant services for both the consumers and merchants. Glidera is another effort that will be part of the rise in the advancement of innovation in digital currency.
Registered as a Money Services Business with the Financial Crimes Enforcement Network aka FinCen, it is currently in the process of obtaining the appropriate state licenses. The company is dedicated to work with members of the government, policy makers and regulatory units as needed
It will offer fully compliant services for mainstream users. Glidera will offer its customers secure, easy to use online wallets which will enable them to safely buy, sell and use bitcoins. For merchants, it promises to provide payment processing services with no fraud risk attached, low costs and overall smooth transactions. The company aims to launch its services later this year.
Backgrounds of the Founders
Ripley has a background in finance and technology which will be an asset to the startup of his company. Previously, he counseled Fortune 500 executives as a Principal at The Boston Consulting Group. Earlier in his working career, Ripley aided in building a mobile software company called Syclo as one of the founding members of the team. The company was later purchased by SAP.
Ripley finds a lot of similarities between the beginning of the internet creation and the new innovations in technology that are now popping up. He said,
“I remember the ‘early days’ of the Internet when new technologies promised to change the world. Two decades later, I rarely write letters, look up numbers in the phonebook, or use an encyclopedia. Bitcoin reminds me of the Internet’s open architecture, potential for innovation, and explosive growth. In another twenty years, I expect the majority of us will manage our finances and make payments in substantially different ways.”
Xakellis has a successful entrepreneurial record with his past work in the field and has great understanding of the technical aspect of this new startup. Starting his career in Silicon Valley, he later founded Common Goal Systems which was an education SaaS company located in the Chicage are. Xakellis was the CEO of the company and under his leadership Common Goal Systems made remarkable progresses. It grew to be at the forefronts of the education technology unit.
With such talented personalities behind this new startup, advancements are sure to be around the corner.