Atlanta-based BitMinutes Inc., a financial services technology company (FinTech) that leverages blockchain and tokenization to help its partners deliver secure, affordable financial services to their customers, has announced that its token (Symbol: BMT) has listed on one of the industry’s most innovative exchanges, LATOKEN.
LATOKEN Exchange is the easiest way to access money and assets worldwide
LATOKEN is a top 20 cryptocurrency exchange specialized in providing liquidity for new digital assets.
BitMinutes CEO Tom Meredith noted that the timing of the listing is, well, timely given recent corporate developments.
“For example, BitMinutes now has more than 5,000 customers in Nigeria, where the unbanked are using their BitMinutes to top up phones and as a unit of value for financial transactions, like folks use Venmo. BitMinutes began the initiative more than six months ago,” reported Meredith. He added that announcements involving other countries in Africa are imminent.
One of those initiatives is the involvement of BitMinutes in Akoin, a token project associated with performer and entrepreneurial businessman Akon.
A new cryptocurrency/digital wallet with an integrated eco-system of DApps (Decentralized Crypto Apps) that will…
About BitMinutes, the Company
BitMinutes is a startup fintech company, founded in the U.S. Its token, the BitMinute (BMT), is exchangeable into universal prepaid airtime minutes. Prepaid minutes are already traded informally as currency within country mobile networks, available to billions of mobile phone owners.
BitMinutes’ tokens also allow peer-to-peer value transfer to over 1.2 billion bank accounts and prepaid airtime top-ups to over 4 billion mobile accounts in over 200 countries. More importantly, BitMinutes facilitate the expansion of micro-credit lending in communities where lending is rare and too expensive for most individual borrowers. BitMinutes’ ownership and transactional records will establish a new type of consumer credit score for emerging market consumers who currently struggle with limited access to capital and a lack of traditional banking services.