Blockchain-based Remittance App AirPocket Comes To Latin America
Blockchain technology has a lot of potential to disrupt the financial sector, and DigitalX is one of the companies wielding the blockchain for remittance purpose. Now that the company has inked a deal with Telefonica in Latin America, AirPocket will be coming to that region very soon. People active in the world of cryptocurrency and blockchain will have heard of DigitalX before, as the company wields distributed ledger technology for financial purposes. Through its AirPocket mobile app, anyone in the world can become a remittance provider, which established a peer-to-peer network of money....
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DigitalBTC, an Australia-based digital payments company, has agreed to form a joint venture company (JVC) to distribute and market a remittance product, AirPocket. The beta launch will begin in the second quarter of this year. DigitalBTC, which is trading on the Australian Securities Exchange as Digital DC Limited, described AirPocket as a disruptive new technology product targeting the significant and established remittance market. The U. S. to Latin America remittance market is estimated to be $84 billion. The joint venture will target the remittance sector in the Latin American and....
Digital BTC, an Australian Bitcoin company that is publicly traded on the Australian Securities Exchange (ASX) as Digital CC Limited has secured a $3.5 million AUD funding round by a group of institutional and individual investors to launch a remittance-focused product, AirPocket. CEO and founder Zhenya Tsvetnenko specifically explained that the funds from the "investment will be used accelerate the rollout and commercialization of AirPocket in Latin America and Caribbean." The company was originally seeking for a $3 million AUD funding round, until the demand from local investors rose and....
An Australian bitcoin company called digitalBTC was able to secure $3.5 million AUD in funding to launch its newest product, AirPocket. This will be a remittance-focused product set for beta release in June this year. The funds were garnered from a group of institutional and individual investors, as the company only sought to raise $3 million AUD initially. Increased demand resulted a larger sum of $3.5 million AUD, allowing the company to raise its holdings to more than $6 million AUD. In particular, digitalBTC holds net assets worth $6.87 million, in which over $740,000 are bitcoins and....
Former bitcoin miner and transaction processor Digital CC has terminated all bitcoin related operations by rebranding to Digital X to focus on its remittance product and blockchain-based software development AirPocket and Digital X Direct. The company said: The Australian Securities Exchange-listed company made the decision due to the continuous decline of its bitcoin related operations and the termination of partnership between cryptocurrency mining company Mintsy and Digital CC earlier this month. "The rebranding represents a strategic change from a focus on bitcoin as a mechanism to....
According to the Australian Business Review (ABR) the firm, DigitalX has just announced it has partnered with the Latin American telco giant Telefónica. DigitalX is an ASX-listed company developing the blockchain-based AirPocket app, an SMS-enabled application that aims to be the “Uber” of global money transfer. Telefonica Deal Boosts ‘Uber of....