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ARTICLE · 05 OCTOBER 2018

IBIS Management And BITT Sign MOU To Bridge The Digital Currency Gap

Bitt Inc., Barbados, and IBIS Management Associates Inc., Curaçao, signed a Memorandum of Understanding

BarbadosTechnology

Bitt Inc., Barbados, and IBIS Management Associates Inc., Curaçao, signed a Memorandum of Understanding (MOU) to collaborate in bridging the Gap between Financial Institutions and Bitt's Central Bank Digital Currency (CBDC) blockchain protocol. This was announced recently at Bitt's "Central Bank Meets Blockchain" conference in Barbados, which was attended by most Caribbean Central Banks. The conference set the tone for the Caribbean movement where the Prime Minister of Barbados, Ms. Mia Amor Mottley, stated that she will personally lead the digital currency project for the island, not allowing Barbados to be paralyzed by fear of the unknown. She declared that Barbados is not only open for business, but also open for transformation.

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