BitMinutes Now Listed on LATOKEN Currency Exchange

BitMinutes
Dec 19, 2019 · 2 min read

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.

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.

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.

BitMinutes

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Better Crypto for a Better World - Establishing prepaid airtime minutes as a real asset that can expand financial inclusion.

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