Bitspark Switching to Bitshares for Remittances

Today we announce that Bitspark will be switching to the Bitshares Blockchain from Bitcoin because it is better suited for the company‚Äôs business. That is not to say it is better for everything, but for remittances we see it has some clear advantages. The new payment method will be… »

Updated: Service Downtime, A Fork in the Road

On August 1 2017, the Bitcoin network will be undergoing a contentious upgrade which, if it does not reach consensus among mining pool operators could result in a chain split. For an overview we would recommend you read this or for more detailed analysis, this. As you are aware, Bitspark… »

Bitspark United Nations Mission to Tajikistan pt 2.

Tajikistan is a developing country which heavily relies on remittances. Until 2014, the share of remittances made up around 43 percent of the national GDP roughly US$ 4 billion a year, which has sharply declined to 20-25 percent in the subsequent years due to the global recession and the depreciation… »

Bitspark United Nations Mission to Tajikistan

(Tajikistan's city Dushanbe) Bitspark will be joining United Nations Development Program on a mission in Tajikistan to collaborate on facilitating bitcoin remittances to the country whose GDP is 50% reliant on remittances mostly from Russia. The aim of this visit is to assess the potential for fiat remittances to be… »

Bitspark Launches Remittances to Nigeria at rates 14.4% Better Than Competition

Today we at Bitspark are launching our services to the African continent with Nigeria as the first destination on the list and to start with a bang, our rates are 14.4% than the global FX markets used by every competitor. As the largest economy and population on the continent,… »