BitRush Corp (BRH:CNSX) President, Karsten Arend, explains this technology company’s universal payment platform.
The main focus of the BitRush is to provide a universal payment platform that everybody around the world can use in a seamless manner. There is many problems in the industry, most of them are regarding expense and how long it takes to actually get things done. In our case, we do everything in real time, which means if you are sending money within the country, or around the world, whoever receives those funds those funds will be able to use those funds instantly because our transactions occur or get cleared in real-time.
BitRush has a block chain technology based cryptographic universal payments platform that we call ANOON. We went to the public markets so that people who are not VCs can actually participate and the potential value appreciation of a start-up that is run by grownups and that is actually publicly traded. We just recently launched our own Visa debit card and we have a division called Adbit which is certainly like sort of a Google AdSense. It’s an online advertising network and we have a gaming division called Wagga Wagga.
We already have 17 million unique users per month on over 5,000 connected websites we also are already doing up to 50 million transactions per month. The best way to show an industry that our technology can actually provide a competitive advantage in their industry is by actually building a business in that industry and showing how it’s better than everybody else.