Tag: bitt

Overstock.com Makes 4$ Million Strategic Investment in Caribbean Bitcoin Exchange Bitt

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 bring mobile digital currency access to the underbanked citizens of the Caribbean region is a …
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Bitt Partners With Colu and Netki to Built New Blockchain Financial System in the Caribbean

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 Name Service, Bitt will now be able to automatically generate Wallet Names using our ‘bi.tt’ …
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Bitt Launches Digital Barbadian Dollar on Bitcoin’s Blockchain

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 equivalent to one dollar issued by the Central Bank of Barbados. What we do is …
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