BITCOIN & INNOVATION IN REMITTANCE: INTERVIEW WITH ARTABIT FOUNDER AYOUB NACIRI

The emergence of Bitcoin as a new digital currency has sparked innovation and startups across all sorts of industries, all around the world. These days it seems that conferences dedicated to innovation and startups include at least one Bitcoin company and New York City’s Ultra Light Startups is a good example of one that did.

artaBit founder Ayoub Naciri presented his Bitcoin remittance technology concept to investors at Ultra Light Startups NYC and journalist Morgan Peck released a story on the product. Peck was kind enough to connect me with Naciri so CalvinAyre. com could learn more about artaBit and how Bitcoin is used behind the scenes to offer an affordable remittance technology service to the everyday consumer.

Becky Liggero: Thank you so much for joining me Ayoub, I think you’re truly on to something here. Could you start by explaining the concept behind artaBit?

Ayoub Naciri: To provide an easy, fast and inexpensive way to send money to South East Asia.

Currently, remittance is unnecessarily expensive and inefficient for the trivial movement of money between two points. The remittance business is long overdue for an overhaul.

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