AirTM Currency Conversion Success Hinges on Bitcoin Integration
Growing a Bitcoin exchange or brokerage service is not an easy task, as there is a lot of competition in this niche market right now. Furthermore, there are plenty of consumers who are not looking at Bitcoin as a solution to their financial problems just yet. But neither of these factors is keeping AirTM from becoming a big success. This service built on top of Uphold’s cloud money platform make it easy for consumers to convert in and out of Bitcoin. What makes the services provided by AirTM, so appealing is how they work with local cashiers in various regions, which help clients deposit....
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Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global banking system. Airtm, a Mexico City-based digital wallet and exchange operator, has received $15 million in funding from the Stellar Development Foundation, or SDF, as it seeks to expand financial services and cryptocurrency adoption in Latin America. The investment, which is the largest SDF has ever made as part of its Enterprise Fund, will enable Airtm to integrate with Stellar in the coming year. As part of the Stellar network, Airtm....
Founded by 24-year-old Ruben Galindo and 29-year-old Antonio Garcia of Mexico City, AirTM is a service that depends on the Bitreserve API to make transfers from the “new money” in the cloud to the “old money” of the cash system. The two founders wanted to solve what they found to be an unfair problem in today’s remittance system. Garcia told CoinTelegraph, “You're accustomed to hearing about all the hell that Mexicans go through to get to the U.S. and to work really hard to send money home, doing hard jobs that Americans don't want to do.” He continued: The duo had met on numerous....
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a success with its integration with Chainlink (LINK). The international entity has been experimenting with blockchain technology, both private and public networks, and finally revealed the progress of its efforts. Related Reading: Chainlink Developer Activity Surging, LINK Prices Up 44% From June Lows Chainlink To Improve […]
World’s first bitcoin and ether wallet Jaxx has unveiled an upcoming integration with Shapeshift that will allow users to convert between the currencies without leaving your wallet. The feature is expected to be rolled out “on all devices/platforms” in a few days, according to Kryptokit CEO and Ethereum co-founder, Anthony Di Iorio. The integration is....
Jaxx abruptly canceled its much-anticipated integration of Monero into its platform, citing “too many difficulties.” The multi-coin wallet, which integrates across a variety of platforms with a focus on user experience, was slated to integrate the privacy-centric cryptocurrency last year, but faced repeated delays. CEO Anthony Di Iorio announced the cancellation news via Twitter: The integration was reportedly almost complete, with Di Iorio posting screenshots of the wallet with Monero integrated. Issues hindering the integration. During the integration process, Jaxx reportedly came across....