Bitt Reviews

Bitt Description

We are creating payment systems that encourage social inclusion, financial empowerment, and economic growth for the current and future generations. The digital transformation of money flows is a natural evolution of the current inefficient, risky dependence on cash to a more efficient, secure and efficient digital payment system. Central banks can transform their financial systems by harnessing the power of DLT/blockchain technology. Bitt's Central Bank Management Panel software provides real-time detailed information on transaction activity, including speed, number of transactions and velocity of money circulation. This allows the Central Bank to monitor the impact of monetary policy and adjust accordingly. A CBDC that is interest-bearing could be used to store value and provide a return comparable to other risk-free assets such as government securities.