Bitspark presents the first ever end-to-end Hong Kong to Philippines Bitcoin remittance service which leverages the Bitcoin network to provide instant money transfer and low transaction fees.
We did it!
Bitspark has gone above and beyond to provide a service that is truly usable by everyone – after all, the benefits of Bitcoin shouldn’t only be exclusive to tech savvy individuals!
(Bitspark aims to power Asia with Bitcoin solutions)
Hong Kong has a foreign worker force which makes up 3% of the population with every individual needing to send money back home to their families and friends. Since the rise of Bitcoin and its obvious benefits of instant transactions at a fraction of the price, excitement has been buzzing about what this means for the traditional remittance industry in Hong Kong and world wide. Bitspark got out there to test drive the market with their new service to answer the typical questions of "Will Bitcoin distrupt the remittance ecosystem?" "Will ordinary people embrace such a new idea as electronic money?" "Will it even work?" And we're delighted to answer "yes!".