Cointelegraph recently interviewed our CEO Karsten Becker and spoke with him about the launch of the Caricoin bitcoin wallet and it’s impact on the Caribbean economy and users there.

In the Interview they discussed things like current banking situation in Caribbean and new exciting possibilities with the mobile money based Caricoin wallet. When the eco-system is established it will be a giant step, providing alternative banking solution, especially in the countries where around 50% of population is unbanked.

Mr. Becker mentioned that, according to a World Bank Report, remittance fees in the Caribbean amount to more than $800 million each year. We at Caricoin are working hard on developing a zero-cost remittance feature within the wallet, that will allow Caribbean community overseas to send funds back home free of charge.

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