Bitcoin, the growing digital currency that isn’t connected with a central bank, is well known but perhaps not so well understood and maybe even a little scary to some people. San Diego startup Airbitz has set out to change that with a secure, easy-to-use digital wallet for bitcoins. The wallet became available in October from the Apple App Store and Google Play, and the company just received $450,000 in financing from a Los Angeles-based venture fund. Times of San Diego spoke with Paul Puey, co-founder and CEO of the startup, about his company’s plans.
Why did you start Airbitz?
We saw the huge potential for bitcoin to positively disrupt our stagnant financial system but it needed a more human touch to bring its complex technology to the mainstream. We felt that this was a golden opportunity to not only help push this movement forward but to also etch our company and team in the history books as a key player in this financial revolution.
What can users expect from your Bitcoin Wallet?
They can expect the ease and familiarity of mobile banking. That includes easy account creation and access across their mobile devices. However,