The project was launched in 2017. The company, the headquarters of which are located in Zurich, provides services in many countries around the world.
Bread is a blockchain platform that offers a free app for Android and iOS. The platform provides customers with online wallet functions and is suitable for BTC transfers.
When installing a wallet, there is no need to register or enter various confidential data. Customers have the opportunity to use an existing Bitcoin wallet or open a new one while receiving a “paper key”, designed to restore access when a mobile device is lost or updated, as well as to generate digital currency in another wallet. This key is stored only on the user’s device, which eliminates the risk of hacker attacks.
The company intends to cooperate with various financial companies to buy and sell BTC, pay salaries, pay bills, etc, reducing the need for standard payment methods that use fiat money.
BRD is a digital token that provides participants with additional services and discounts, as well as loyalty and reward programs. Participants receive BRD as a reward for actively promoting the project in social networks, participating in surveys, and storing Bitcoins on their balance. In the future, the project aims to support Ethereum and ERC20 tokens.