Bitbond: Transfers Loan using Bitcoin

in #bitcoin6 years ago (edited)

Bitbond.jpg
Reuters has reported that Radoslav Albrecht from Berlin has come up with his own initiative ‘Bitbond’.

Bitbond is an online bank that which enables clients to transfer loans across the globe easily using the popular cryptocurrency “Bitcoin”.

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The innovative startup has come up with the idea of simplifying the loan transfer process bypassing Swift international transfer system. According to the Albrecht the process is cost effective.

Albrecht has stated about the challenges faced in transfer of fiat currency and how Bitbond makes it easier. He stated, “Traditional money transfers are relatively costly due to currency exchange fees, and can take up to a few days.” He further added, “With Bitbond, payments work independently of where customers are. Via internet it is very, very quick and the fees are low.” Read more https://bcfocus.com/latest-news/bitbond-transfers-loan-using-bitcoin/9053/

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Image via Bitbond

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