Bitcoin Wallet Airbitz Works with Outside Companies

Journalist:
July 14, 2016

One of the most active companies in the space – sponsoring events, parties, and conferences – Airbitz has sought to put San Diego on the map for tech startups.  CEO Paul Puey posted yesterday in a Facebook group called “San Diego Tech Scene”  stating:

Hi all. Looking for desk space for your startup? We have some desks to rent out at our office in downtown on 4th and K st. Awesome location with a shared rooftop deck. Pet-friendly and close to all public transportation. Only $300 / month with free Wifi, electricity, and coffee. Send me a message if interested.

The price isn’t that bad, depending on your coffee habit.

“We’re just simply trying to utilize unused space,” CEO Paul Puey told CCN. “We moved into our location as it was a great deal and was big enough to host the meetups and allow us to grow over time. We hoped to share the space with other blockchain related startups but there simply aren’t many others in San Diego. We’ve invited other blockchain related projects to share the space, but they’re simply too early to utilize it. Hence we’re opening it up to any businesses (hopefully tech startups). Ideally we’d love to be the Bitcoin Center San Diego much like the cities of Denver, New York, Montreal, and others have, but it’s simply too early for SD. Hopefully that changes in the future.”

The company raised $450,000 from Block26, and has been located in two spots in San Diego’s Mid-City and Downtown areas.

The company provides a Bitcoin wallet and boasts their “edge security” platform. Like many Bitcoin wallets, the company highlights its focus on usability. A CoinDesk article stated the company was targeting “novices” and “evangelists” in the Bitcoin space. The company is also known for its Bitcoin directory and its frequent events for the San Diego Bitcoin community on its dime.

The wallet provider was founded by Paul Puey, Scott Morgan, Tim Hortoin, William Swanson and Damian Cutillo. Before receiving the $450,000 from Block26, they received $25,000 from Plug N Play Tech Center and joined that firm’s accelerator program.

Airbitz CEO, Paul Puey, speaks at industry events. He has spoken in New Zealand, San Francisco, Denver, LA and Australia. He advocates “for a decentralized future of Bitcoin.”

An Airbitz wallet was the first to send a Bitcoin transaction to Cuba. Airbitz claims to have invented the use of Bluetooth low energy (BLE) for Bitcoin transactions, as well as one-touch 2-factor authentication.

The firm moved from its larger Mid-City location in the popular North Park neighborhood to the smaller downtown location earlier this year.

Featured image of San Diego from Shutterstock.

Last modified (UTC): October 20, 2017 21:21

Tags: airbitz