Tag Archives: crypto-currency

  1. Bitt and Stellar Development Foundation Selected as Finalists for Global CBDC Challenge

    Global fintech company, Bitt, and the Stellar Development Foundation (SDF) have been announced as one of 15 finalists for the Monetary Authority of Singapore’s (MAS) Global CBDC Challenge to develop and showcase retail central bank digital currency (CBDC) solutions. Bitt and Stellar together aim to provide a complete solution that permits central banks to issue […]

    September 4, 2021TechnologyNo comments
  2. Bitt Awarded CBDC Contract for Central Bank of Nigeria

    Global fintech company, Bitt, is partnering with the Central Bank of Nigeria (CBN) to roll out their digital currency (CBDC) to the largest economy on the continent of Africa. The eNaira, a digital form of the official currency of Nigeria, will initially be publicly available to a segment of Nigeria’s 211 million citizens and residents […]

    August 31, 2021Featured, TechnologyNo comments
  3. Three quarters of CEOs predict a return to growth in 2021 – PwC’s 24th Global CEO Survey

    One year after COVID-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with 76% of business leaders predicting that economic growth will improve in 2021. The number is lower for Caribbean region CEOs, with 69% saying they believe global economic growth will improve. PwC’s 24th Annual Global […]

    March 19, 2021Breaking News, Featured, TechnologyNo comments
  4. Digital payments are on the increase in Barbados

    Since the first COVID-19 lockdown in early 2020, local digital payments platform, mMoney, has seen a steady increase in adoption and use. This is according to Bitt, the Barbados-based international digital currency company that launched the digital payments platform in October 2018. Merchant Acquisition Team Lead at Bitt, Omar Watson, outlined, “We have seen a […]

    March 18, 2021Breaking News, Featured, TechnologyNo comments
  5. Bitt to deploy its full Digital Currency Management System

    Bitt will deploy its full digital currency management system (DCMS) within one of the world’s oldest formal currency unions on March 31st. This was made clear when Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, announced that DCash, the central bank’s official digital currency, will be launched to the citizens and residents of […]

    March 17, 2021Business, Video GalleryNo comments
  6. Digital Currency Fintech company Bitt names Laurent Féral-Pierssens as new COO

    Bitt is pleased to announce the transition of Laurent Féral-Pierssens to the post of Chief Operations Officer. Laurent officially joins the Bitt executive management team after six months of serving the company as Strategic Advisor. As digital currencies are gaining popularity internationally, Bitt is seeing accelerating interest in its Digital Currency Management Solution (DCMS), fueled […]

    February 19, 2021BusinessNo comments
  7. National Bank of Belize to launch digital wallet in 2021

    The National Bank of Belize Limited (NBB) has entered into a partnership with financial technology company, Bitt, to add an eWallet to its existing mobile banking services. NBB is licensing a digital currency infrastructure from Bitt to support retail and business users’ access to simple, secure and efficient payment solutions as they recover from the […]

    December 26, 2020TechnologyNo comments
  8. Prime Minister’s Address to Barbados – March 26th 2020 (Sign Language Version)

    CURFEW IN EFFECT THIS WEEKEND FOR 2 WEEKS The cases of COVID-19 in Barbados are now 26, so a decision was made to convene Parliament using tele-conference to amend the Emergency Management Act this Friday. Prime Minister Mia Amor Mottley, in an address to the nation explained this in turn allows for the declaration of […]

    March 27, 2020Health, Video GalleryNo comments
  9. New Crypto Trading Gem Developed in Barbados Crypto exchange now possible using popular messaging platforms – a world first

    The world’s first system that allows you to trade cryptocurrency from WhatsApp, has been developed and launched in Barbados under the leadership of Gabriel Abed, serial entrepreneur and the Caribbean’s leading authority on digital currency. “For the past two years, a small and talented tech team based in Barbados has been redefining the way we […]

    March 9, 2020Breaking News, Featured, TechnologyNo comments
  10. Mastercard launches its Smart Islands program in the Caribbean

    Technology giant Mastercard just launched their Smart Islands program in the Caribbean, leading the journey towards developing smarter islands and cashless societies to strengthen economies throughout the region. “Innovation is in Mastercard’s DNA,” stated Jimena Elia, Director of Market Development for Mastercard Caribbean. “We are excited to reveal this multi-layered technology that can help expand […]

    January 29, 2020Business, FeaturedNo comments

    The arena for Barbadian Apps with Smartphone Utility Paying capacity may soon have another contender… Most local banking apps and the City of Bridgetown Credit Union have facilities where users can clear their electricity, water and other monthly duties via the mobile rather than stand in line for 20 minutes or more waiting to clear […]

    September 11, 2019Business, FeaturedNo comments
  12. Central Bank Approves FinTech Company, Bitt, for Legislation

    Bitt Digital Incorporated is the first company to complete and exit the Regulatory Sandbox guided by the Central Bank of Barbados and Financial Services Commission. The Sandbox provided Bitt with the opportunity to test its blockchain-based financial technology (fintech) products, services, and business models in a controlled environment while protecting consumers, stakeholders and the financial […]

    July 16, 2019Breaking News, Featured, TechnologyNo comments
  13. Bank of the Republic of Haiti ready to consider Digital Currency

    La Banque de la République d’Haiti (BRH) invited Barbados-based fintech company, Bitt, to deliver a presentation on the likely benefits of a blockchain-based Central Bank Digital Currency to key stakeholders in Haiti last month. According to BRH, they are “considering a pilot to create a digital version of the Haitian Gourde, which aims to improve […]

    July 2, 2019Business, FeaturedNo comments
  14. Bitt Ceases Exchange Activity To Increase Focus on Central Bank Digital Currency

    Bitt Inc., the Barbados-founded blockchain and digital currency payment specialists, will increase its focus on Central Bank Digital Currency in the wake of its landmark contract win with the Eastern Caribbean Central Bank (ECCB) to build out a pilot of a digital monetary ecosystem. As a result it will be winding down its non-core Bitt […]

    June 13, 2019Breaking News, Featured, TechnologyNo comments
  15. Bitt signs MOU with the E-Governance Academy of Estonia

    Bitt, the Barbados-based financial technology company, has signed an MOU (Memorandum of Understanding) with the e-Governance Academy (eGA) in Estonia on Tuesday, April 30, 2019. This MOU will facilitate closer collaboration between the parties, towards achieving greater accessibility and efficiency in the public’s everyday interaction with their Government, in countries across the Caribbean. Government processes […]

    May 7, 2019Featured, TechnologyNo comments
  16. How can mMoney support the tourism sector?

    Barbados could see a boost in tourism arrivals and overall tourism spend if officials leverage research information compiled from the mMoney platform. Board Chairman, Stephen Austin, and CEO, Senator Rudy Grant, both signed the MOU on behalf of the BHTA, while Rawdon Adams, CEO of Bitt, signed on behalf of the Barbados-based FinTech company on […]

    December 15, 2018Breaking News, Business, FeaturedNo comments
  17. Bitt, Central Bank and FSC on right track with Regulatory Sandbox Framework

    14th November 2019 may not seem like a historic day to most, but for those in the Digital Currency world, it was seen as a watershed moment, as the Managing Director of the International Monetary Fund stated at a Fintech forum in Singapore; “I believe we should consider the possibility to issue digital currency. There […]

    December 6, 2018Breaking News, Featured, TechnologyNo comments
  18. Barbados moving towards E-Commerce, Financial Services Commission to Mediate

    Barbados will soon forge a single digital payment framework incorporating the Central Bank of Barbados, commercial banks and Bitt the local yet global blockchain developer and currency digitiser, it is to be guided by both the Financial Services Commission and Prime Minister Mia Amor Mottley. Ms Mottley indicated Government would be soon meeting with commercial […]

    September 24, 2018Breaking News, Business, FeaturedNo comments
  19. Critical topics up for discussion at Caribbean Investment Summit 2018

    The 2018 Caribbean Investment Summit slated to be held in St. Kitts and Nevis from May 16-19, will tackle critical issues facing islands providing Citizenship by Investment. Transparency versus Confidentiality: The Democracy of Information Sharing, Hurricane-Proof Banking: Protecting Against External Impacts and Embracing New Technology for Better CIPs, are several of the critical topics that […]

    April 16, 2018EventsNo comments
  20. Medici Ventures Exercises Option for Additional $3 Million Investment in

    Medici Ventures, announces the exercise of an option to purchase additional ownership interest in, the Caribbean’s blockchain-based digital payment provider. Medici Ventures will increase its ownership stake in Bitt’s total Class A and B common shares by 8.6% in exchange for $3M in additional funding. Bitt is a Barbados-based financial technology company founded in […]

    March 12, 2018Breaking News, Business, FeaturedNo comments

    Premier and Minister of Finance of Montserrat, Donaldson Romeo, has signed on behalf of the Government of Montserrat, a memorandum of understanding (MOU) with the Barbados based financial technology company Bitt Inc., to create a Digital Payments Ecosystem in Montserrat. He explained that “the people of Montserrat will benefit from increased financial inclusion, and a […]

    February 19, 2018Breaking News, Business, FeaturedNo comments
  22. The real Tom’s Son is back in Barbados – Rawdon Adams returns to Barbados as CEO of Bitt Inc, just ahead of 2018 Elections

    Rawdon JH Adams has been appointed as Chief Executive Officer of Bitt Inc. He will lead the company as it accelerates the evolution of the financial ecosystem in the Caribbean. Adams will also join the company’s board of directors. “Bitt is ready to rescue the region from the constraints of traditional business and banking – […]

    September 29, 2017Breaking News, Business, FeaturedNo comments