Airbitz Expands to Europe's Silicon Valley – Bitcoin News


Airbitz Expands to Europe's Silicon Valley

SAN DIEGO, CA Airbitz has announced they are broadening their presence globally by expanding outside the United States. The team has informed that they are adding an office in Zug, Switzerland, the unofficial “Silicon Valley” of Europe.

Also read: What Would Satoshi Say to Traditional Businesses Integrating Blockchain Technology?

How Bitcoin Created Europe’s Own Silicon Valley

Silicon ValleyAirbitz, a trustless security platform, wanted to show in 2015 that they planned to be a top contender in the Bitcoin wallet space, and the company says they have a “stellar” 2016 ahead of them. Last year, the company presented its new buy and sell feature, available to the U.S. and Canada inside the Airbitz application. Then in December, the company integrated with Fold so users could easily buy discounted Target and Starbucks gift cards. Now Airbitz has announced its expansion to Europe by adding an office in Poststrasse, Zug, Switzerland.

The Canton of Zug has been deemed the Silicon Valley of Europe because of digital currency, blockchain, and fintech businesses flocking there in great numbers. What used to be a small lake shore region is now populated with technology startups and finance companies. The region is home to Monetas, Ethereum, Xapo,, Sapphire Innovation, and many more. Now Airbitz is joining the environment in Switzerland with its additional office in the region and looks forward to the resources provided there.

Silicon ValleyWhile expanding its services to the U.K. region, the company has also hired Lucas Betschart as a core developer to the Airbitz infrastructure. Betschart has worked with Monetas and will bring his C++ and Build/CI Systems skills to the company’s constant development. The new Airbitz developer spends his spare time organizing Bitcoin talks and community events in Switzerland while also donating to open source projects. Airbitz says Betschart has an extensive network in the region and plans to make the company brand even more prevalent in the area. Community Manager M.K. Lords said:

Lucas is an excellent addition to the Airbitz family and has already been instrumental in suggesting improvements to our app that enhance user experience and privacy. I have no doubt with his assistance we can take Airbitz to the next level.

Betschart started his career as a software developer at Crypto AG and has written code with military-grade encryption in devices. The developer became passionate about Bitcoin and financial technology in 2013 and has ran with it ever since. He became actively involved in the open source Open Transactions project, and worked closely with Monetas AG. Betschart believes these technologies will help financial inclusion and individual sovereignty on a global level.

Joining hands with Airbitz is Betschart’s next step towards that goal in mind and already has great ideas to bring to the team. Airbitz tells us they will continue to provide their users with the best experience possible without invading privacy or compromising security. The company says, “these announcements are only the beginning of a promising new year.”

What do you think about Airbitz expansion? Lets us know in the comments below!

Tags in this story
AirBitz, MK Lords, Monetas, Open Transactions, Zug

Images courtesy of Pixbay, Airbitz

Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

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