SmartBit.com.au launched recently with an innovative blockchain explorer, the first Australian based service providing the fastest blockchain exploration to date. They have built a service which focuses on Australians, this means that if smartbit isn’t go to blockchain explorer, it probably should be. Any blockchain query you might have will be validated by their service well before blockchain.info or any other US based service.

Smartbit allows for independent verification of bitcoin 2.0 applications, a very cool feature which is building a better bitcoin experience, it is also the only Australian based blockchain explorer, making it the fastest way to query the blockchain.

But not only is it lightning fast, SmartBit gives its users the ‘Google experience’ where you can search for anything, even a word and receive every instance in which it has been written on the blockchain. This means not just wallet addresses, smartbit has built OP-Return command identification into its search database, this means any ‘Bitcoin 2.0’ use-case can be independently verified by their service, something you can’t do with other blockchain explores.

This may not seem like a necessity for a lot of bitcoin users today, but it’s an important tool which needs to exist, independent verification of ‘bitcoin 2.0’ and its data is the future of bitcoin use cases.

Let’s say you use the service proofofexistence to upload a file to the blockchain, for a small fee of $2 proofofexisence will upload a document to the blockchain, making an immutable record, time-stamped and verifiable that you, in fact did have the document at the time and date of upload.

Before Bitcoin, this type of service would require expensive notoriety officials and trusted third parties to maintain and record these files. Now, it can be done entirely through blockchain making it faster, cheaper and easier to verify. But how do you know proofofexistance.com has actually uploaded your document? This is where Smartbit comes in.

So let’s take a document which has been uploaded to proofofexistence and see if it has actually been uploaded to the blockchain. If you’re using blockchain.info, here’s what happens:

Blockchain.info only allows users to see bitcoin wallets and bitcoin transactions, bitcoin 2.0 use cases are not verifiable through blockchain.info. But let’s see what happens when you use Smartbit instead.

Using the exact same search query here are the results on Smartbit:



Smartbit.com.au shows an entirely different picture, by simply searching for a document, not a bitcoin transaction, the site has found the bitcoin transaction which embedded that document into the blockchain, this is known as the OP_Return Data. Smartbit is allowing for independent verification of bitcoin 2.0 applications, a very cool feature which is building a better foundation for new bitcoin 2.0 and giving its users a better bitcoin experience.

Being the only Australian based blockchain explorer, Smartbit is growing bitcoin in Australia from the ground up, the coolest thing is, you can be a part of this! They are taking feedback and implementing your suggestions on what they can do to deliver you a better blockchain explorer, since beta launch they have already implemented fee indicators, pool pages and document support based on user feedback.

Smartbit represents an exciting development for Bitcoin in Australia, its state of the art technology, lightening speed and community driven development make it the best blockchain explorer in Australia. For Australians, by Australians. Check it out here.