Bitt.com Founder praises DCash initiative — and world first CBDC currency backed transaction

Bitt.com founder and former President, Oliver Gale, welcomes the news that DCash, the Bitt-designed central bank digital currency (CBDC), developed in partnership with the Eastern Caribbean Central Bank (ECCB), has become the world’s first retail CBDC to be publicly issued within a formal currency union.

Gale, who founded Bitt.com back in 2013 to develop CBDCs and to become a blockchain mobile payments provider, remains active with the company since stepping aside in October…