The Netherlands is growing rapidly in the Fintech space, especially in blockchain and cryptocurrencies. As per industry experts, the day is not so far, when the blockchain technology-based payment platforms will take over the bank-based transactions. The technology definitely makes transactions simpler and faster.
Following on the same lines, a Dutch company has launched a blockchain-based payment app Bitz for social events. The startup led by Andres Elizondo as CEO, Jeroen van der Harst as CFO and Matias Puletti as the startup’s CTO uses Ethereum Blockchain. Founded in 2018 in Amsterdam, Bitz introduces a digital coin, powered by the blockchain, to replace plastic tokens at festivals and other social events in The Netherlands and Europe.