Post
Topic
Board Bitcoin Discussion
Redundancy check bitcoin adress
by
Melvin297
on 22/10/2014, 10:51:10 UTC
While using bitcoin as a simple business user I keep asking myself:

Is there a check available for bitcoin addresses/names?

In The Netherlands regular banks check if the bank account number from the beneficiary matches the account name.

i.e. I transfer money to another company called "Todd's Construction Company" with bank account "NL45INGB0123456789". I use these two parameters in my bank transaction to pay an amount to this company. My bank will check if these two parameters match somehow. If I would use the name "Isa's bakery store" my bank will notify me that the transaction is possibly wrong.

Bitcoin wallet like Multibit use a name for the beneficiary. Is there any service available to check if the name I use is the name of the beneficiary I think it is?