BitMinutes CEO Tom Meredith in New York for CoinDesk Consensus Event

NEW YORK, May 15, 2018 (Newswire.com) - BitMinutes CEO Tom Meredith will be sharing the mission and vision of BitMinutes at Consensus, CoinDesk’s fourth annual blockchain technology summit this week in New York City. The conference runs from May 14-16.

He and other members of the BitMinutes management team will explore with meeting attendees how BitMinutes works as a cryptocurrency by monetizing prepaid airtime minutes, turning prepaid minutes into a real asset. This “prepaid minute” cryptocurrency has huge potential because billions of mobile phone owners can use them to buy and sell services, accumulate wealth and borrow at better interest rates.

Prepaid minutes are already being used as an informal currency in developing economies. Four billion people have mobile phones on this planet, and the majority still buy airtime by the minute. We simply want to make those minutes a real currency; BitMinutes will be exchangeable, cashable, and lendable. They will form the basis for building a credit-based economy in communities that need it.

Tom Meredith, CEO, BitMinutes

“We want to emphasize to the Consensus audience the most critical point,” states Meredith. “Prepaid minutes are already being used as an informal currency in developing economies. Four billion people have mobile phones on this planet, and the majority still buy airtime by the minute. We simply want to make those minutes a real currency; BitMinutes will be exchangeable, cashable, and lendable. They will form the basis for building a credit-based economy in communities that need it.”

The BitMinutes tagline “Better Crypto for a Better World” sums up the goal of expanding affordable financial services globally, bringing peer-to-peer cash transactions to over two billion mobile-phone based bank accounts in 70 countries. BitMinutes as an asset that can be accumulated will facilitate the expansion of micro-credit and nano-credit lending in these communities. BitMinutes ownership will also allow consumers in these communities to build a track record of financial management that can establish a credit score system for emerging market consumers who currently have no access to capital and traditional credit services.

During the conference, Mr. Meredith can be reached via mobile phone at +1 404.388.9247, e-mail at [email protected] or on Telegram using @TomMeredith.

Why Buy BitMinutes?

Converting prepaid minutes into a cashable product will bring a new, more useful form of exchange to billions of consumers who have limited or no access to financial services, like free money transfers, depository services, and micro-loan lending, at much better rates than currently available, if loans are available at all. The BitMinutes network delivers consistent, trustworthy and inexpensive financial services to underserved economic communities, unlocking their latent economic potential.

Contact information:

Contact: Nona Perez, MVG for BitMinutes +1 646 205 7030, [email protected]

Source: BitMinutes