Barbados’ well established, widely respected and high-quality publication Business Barbados has recently featured Bitcoin startup Bitt in their annual publication, which provides unique and global Bitcoin blockchain-based payment solutions.
Over the past few years, Bitcoin wallet and exchange platforms have expanded throughout the European, American, African and Asian regions, providing a substantially high level of liquidity for bitcoin holders. Bitcoin startups in the Southeast Asian region for example provide several different methods for their local users to easily cash out and purchase bitcoins with ease.
However, the Carribean islands lack necessary bitcoin infrastructure and blockchain-based services to allow their residents to use bitcoin in various financial procedures such as remittance, cross-country payments and digital asset settlements.
More importantly, very few bitcoin startups in the Caribbean islands provide financial services which could help residents from being negatively affected by bitcoin price volatility.
For the first time in the Caribbean islands, Bitt, as a leading bitcoin startup aims to provide reliable bitcoin and blockchain-based financial services such as remittance services, mobile money, merchant processing solutions and a digital exchange.
“[Bitt] The company plans on doing this with its suite of products: Digital Exchange, Remittance Services, Mobile Money, and Merchant Processing Solutions. Bitt directly connects