BitMinutes CEO Tom Meredith Speaks at North American BitCoin Conference in Miami
Roswell, Ga. – Feb. 1 Bitminutes CEO Tom Meredith had the honor of being one of the featured speakers at the recent North American Bitcoin Conference in Miami, Fl. In a conference filled with ventures offering initial coin offerings (ICOs), BitMinutes stood out as a cryptocurrency that has both a strong economic model and a serious social impact story.
“BitMinutes as a blockchain-based token technology is focused on bringing affordable yet profitable financial services to two billion unbanked consumers in underserved economic communities worldwide,” said Meredith in his presentation. “Our BitMinute is exchangeable for prepaid airtime minutes, which are already becoming a generally accepted informal currency within most of the communities we will be targeting. So, as a cryptocurrency, we already have traction and a huge target market.”
Prepaid airtime minutes may already be used to pay small debts between people within the same mobile network. Connecting prepaid minutes to BitMinutes will allow the trading of these micro-assets between mobile networks, and across borders, noted Meredith.
“And that is just the tip of the iceberg,” continued Meredith. “Once the consumer has a BitMinute account, all transactions are tracked. This leads to a formal credit history. This in turn leads to the ability of a cloud-based lender to lend micro loans and nano loans with more confidence. This lowers the interest the lenders have to charge. This leaves more money in the borrower’s pocket to invest. Do you see the virtuous economic cycle we can start here?”
Meredith and his BitMinutes team were please with the interest people expressed to them, encouraging attendees to investigate the BitMinutes pre-ICO online.
“Our ICO launches March 1,” concluded Meredith. “Pre-ICO buy-in questions should be directed to me, or to our customer service director, Maxine Alagar, at [email protected]”
BitMinutes was founded on the idea that lower cost, more readily available financial services are a critical piece to alleviating poverty worldwide. FinTech solutions that leverage blockchain advantages and a cryptocurrency that can facilitate money movement and build small transaction credit histories can make that happen, and quickly.
Based in Roswell, Ga., BitMinutes is a 10-year-old fintech company selling BitMinutes, a cryptocurrency backed by prepaid airtime minutes. BitMinutes allow peer-to-peer cash transactions to over 2 billion bank accounts in 70 countries and prepaid top-up to over 4 billion mobile accounts in over 200 countries. Most notably, BitMinutes will facilitate the expansion of micro-credit lending. BitMinutes ownership and transactional records will establish a new type of consumer credit score for emerging market consumers who currently struggle with limited access to capital and a lack of traditional banking services.
See Campaign: https://www.bitminutes.com/
Max Smetannikov MVG [email protected]
BanktotheFuture, Press Release, North America, United States, English