BTL Unveils Blockchain Remittance Technology Interbit
Adding to the fast developing ecosystem of businesses looking to leverage blockchain technology with remittances, BTL Group LTD. has announced that it will begin showcasing its new technology at the BC Tech Summit on January 18th and 19th in Vancouver, British Columbia, Canada. They’re launching Interbit, a remittance platform along with a live demo showing the ability to significantly lower the cost of remitting funds from Canada to Mexico and The Philippines. These markets seem to be friendly to blockchain related finance technology as companies such as Bitso and Rebit have also found....
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The enterprise technology platform provider BTL Group has announced the beta rollout of its Interbit corporate Blockchain tool. Interbit, which was first announced in 2015 with an eye to corning the remittance market, is now moving forward “specifically with enterprise in mind,” BTL co-founder Guy Halford-Thompson has said. He commented: “We have built the Interbit platform specifically with enterprise in mind to help companies overcome many of the challenges they face today such as the high cost of maintaining legacy IT frameworks, the speed of data transfer, data loss, reconciliation and....
VISA and blockchain-technology partner BTL will invite a select group of European banks to participate in a blockchain project that will see inter-bank payments made via transfers over the ledger. Hot on the heels of the likes of R3, Visa will experiment its own blockchain-based payments platform with a select group of banks who will send money over a blockchain. The proof-of-concept project will use Interbit, a cross-border blockchain remittance and settlement platform developed by industry startup BTL. Launched earlier this year, the Interbit platform is seen by Visa as the solution to....
The Blockchain Tech Ltd group (BTL) is a technology company focused on developing blockchain technologies to disrupt and transform the existing industries. The company is based in Vancouver, British Columbia and develops in-house technology. It specializes in providing support and funding to new blockchain-based projects through the company’s incubator and accelerator programs. The company’s first technology platform is a remittance business called Interbit. Interbit focuses on leveraging blockchain technology to create a fast and cost effective “cash-in cash-out” settlement solution....
Blockchain technology will be making its way to Malaysian wholesale and remittance company Metro Money Exchange shortly. The licensed enterprise signed a deal with Dragonfly Fintech to use the New Economy Movement’s blockchain technology. The name Dragonfly Fintech will ring a bell for some, as the company is using a hybrid form of distributed ledger....
Bitcoin wins again, this time at the 2015 Deloitte Top Technology Talent Competition. TransferB, a bitcoin remittance start-up won the first place in this annual competition organized by Deloitte's Ireland division. The start-up founded by two college students offers faster and an economical alternative for fund transfer across the world. TransferB is the brainchild of Claire Kelleher and Peter Nagle, both university students who also happen to great fans of Blockchain technology. They built the start-up around their interest of Bitcoin and Blockchain technology to reduce the cost of....