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Blockchains, Cryptocurrencies and Remittances Logo cgma

  Maxine Ryan |   Free |   06 Mar 2019 |   28 min |

Mballa Mendouga (AICPA & CIMA, Durham, USA) talks to a Hong Kong-born tech disruptor who dropped out of University in her early 20s to launch a multi-million dollar startup called BitSpark. Based in Hong Kong, Bitspark is a remittance platform operating out of Hong Kong which uses blockchain for users to send cash overseas faster at lower exchange rates. It's expanding in traditionally unbanked populations and markets, and also operates a virtual platform for crypto-currency and Bitcoin trading.

Topics covered:
  • Management accounting: Technical: Management reporting & analysis: Performance management, Foundational
  • Management accounting: Technical: Cost accounting & management: Cost management in a digital ecosystem, Foundational
  • Management accounting: Technical: Business planning: Capital expenditure evaluation for IT and digital transformation, Foundational
  • Management accounting: Technical: Accounting information systems: Accounting information systems and digital technologies, Foundational

1 Comments/Reflections

Alex Jjuko

Alex Jjuko Jan 2020

impressive how simple solutions can wipe out traditional industries, with low to no banking costs and teh globalisation nature of teh world we live in, people will only move monies by these sort of channels in teh near future thus rendering the banking role in money transfer obsolete.