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Friday, January 2, 2015

BitOasis Aims to Change how People Transact in the Middle East Using Bitcoin

By Diana Ngo

Bitcoin can offer many solutions to the Middle East, from fostering youth entrepreneurship to enabling farmers to receive loans in the digital currency, says BitOasis' Ola Doudin.
BitOasis, a Bitcoin exchange and multi-sig wallet dedicated to the Middle East, is working on bringing Bitcoin to the region. Its founder, Ola Doudin, a former Ernest & Young associate, believes the technology has the potential to address the many challenges encountered in the region and foster social development, reported PSFK.
According to Doudin, Bitcoin can offer many solutions across the Middle East and significantly boost the e-commerce industry. She explained:

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