The central bank of Curaçao and Sint Maarten has signed an MOU with blockchain startup Bitt to research the feasibility of issuing its own digital currency
Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.
If one announcement summarizes the ambitions of crypto project Polymath, it might be Wednesday’s acquisition of the domain Tokens.com.
Bitt, a portfolio company of Overstock’s Medici Ventures, is working with the monetary authority for eight small Caribbean nations.
Bitt, a Barbados-based blockchain payment startup, has received a $3 million investment from Overstock’s Medici Ventures.
Over 12 governments and currency systems in the Caribbean region connected by a new Blockchain payments startup.
Barbados-based payments startup Bitt has hired Rawdon Adams, the son of an ex-prime minister, as its new CEO.
CoinDesk’s Noelle Acheson discusses how efforts in the Caribbean to harness public blockchain tech could lead to regional transformation. Source
A new partnership could be step one in a larger bid to unite some of the Caribbean’s biggest financial institutions with blockchain tech. Source
The future of bitcoin is looking bright in Barbados right now. Bitt, a local fintech company, signed a memorandum of understanding with PwC. As a result, both companies will continue to explore the use of blockchain technology across the Caribbean. This also bodes well for bitcoin, as the cryptocurrency made quite an impact in the […]
Online retailer Overstock.com has announced a 4$ million strategic investment in Caribbean digital currency exchange Bitt. The news was announced at a press conference held in Barbados, which was attended by representatives from Overstock and Bitt, as well as numerous representatives from several Caribbean nations. Patrick Byrne, CEO of Overstock, said that Bitt’s effort to […]
Caribbean digital currency exchange Bitt has received $4m in new funding from online retailer Overstock.
Barbados-based digital currency exchange Bitt, continues to expand its offerings in the Caribbean region with the addition of two new services. A blog post by Rasheed Griffith, Market Research Analyst at Bitt, said that the company has integrated Netki’s Wallet Name Service, which allows users to generate easily-recognizable bitcoin wallet addresses: “Using Netki’s Partner Wallet […]
Bitt Inc., a digital currency exchange based in Barbados, has announced the launch of a blockchain-based version of the Barbadian dollar. The new digital currency essentially acts as a digital equivalent of the official government-backed Barbadian fiat currency. The exchange rate is fixed to 1:1 between the two instruments, “One of our digital Barbados dollars is […]
Bitt has launched a blockchain-based version of the Barbadian dollar it hopes will appeal to the country’s underbanked.