bitwala europe bitcoin

Former HSBC Private Bank Finance COO, Enrique Melero has today been named as the newest advisor at Bitwala, Europe’s first “blockchain-enabled bank”, further strengthening the bridge between traditional banking and cryptobanking.

The move signifies not only the increasing traction cryptocurrencies are gaining, but the accelerated growth from a small fintech startup founded in Berlin, Germany to a pillar of the FinTech ecosystem.  Mr. Melero’s experience and network in the traditional financial sector will help facilitate the next phase of growth – as a fully licensed bank with a suite of services and financial instruments for business and individuals.

“Bitwala has built a platform that is future-proof for a world in which fiat and cryptocurrency will coexist, it is a traditional bank with a crypto-first approach that is reengineering how we use banking services,” said Mr. Melero, “Its an honour to be advising an european company that plays a pivotal role towards a new era in banking.”

“Enrique’s banking expertise and crypto knowledge is a huge asset to Bitwala’s advisory board,” said Bitwala CEO Jörg von Minckwitz, “His guidance will help us make the interface between crypto and fiat currencies robust and feel like second nature to any user.

Mr. Melero is bringing 25 years of valuable financial expertise and know-how to join Bitwala’s advisory board of experts in banking, blockchain technology, and entrepreneurship. Mr. Melero’s traditional banking background and understanding of blockchain technology will help Bitwala progress towards its goal of establishing the world’s first blockchain bank with decentralised ownership.

Bitwala’s award-winning international money transfer service enables business owners and individual to transfer Bitcoin, Ether, and over 60 other Altcoins into 22 local currencies, including EUR and GBP The service has a strong global community of over 57,000 private and business users in 120 countries. Bitwala will soon launch Europe’s first equity token at a vital stage in its endeavors to build its blockchain bank.

About Bitwala

Launched in 2015, Bitwala is Europe’s leading digital payments processor using blockchain technology. In 2016, it received funding from Barry Silbert’s Digital Currency Group and High Tech GruenderFonds – Germany government’s leading seed investment fund. The award winning service offers a simplified way of making international money transfers and bill payments with or without a bank account. It currently has more than 55000 business and private users in 120 countries around the world. 

On September 7, Stockholm will host a large conference dedicated to blockchain technology, cryptocurrencies, and ICOs – Blockchain & Bitcoin Conference Stockholm. That is one of the events from Smile-Expo company that organized 15 blockchain conferences in Europe. The key discussion topics will include blockchain implementation (in finance, power industry, municipal services, insurance), token issuance as an investment tool, and legislative regulation of cryptocurrencies and ICOs.

ICO for startups and investors

The hot topic of Initial Coin Offering will be highlighted in the discussions with the cofounder of TenX Julian Hosp, blockchain evangelist Oleg Kudrenko, and cofounder of Cofound.it Daniel Zakrisson. Daniel will share the experience of successfully held crowdsale campaign that raised over $15 million to develop a platform intended for finding investment and financing startups. Julian will present five main characteristics of a successful ICO and give practical advice on token issuance, and Oleg’s presentation will focus on the analysis and prospects of Initial Coin Offering.

Legislation and cryptocurrency adoption

One of the keynote speakers of Blockchain & Bitcoin Conference will be the main blockchain and cryptocurrency lobbyist in the Swedish Parliament Mathias Sundin. He is known as the world’s first politician that ran his political campaign backed up by bitcoin donations only. Mathias, whose election program contained the summons to support innovations, will present his view on cryptocurrency adoption by the society. The report of Safello’s CEO Frank Schuil will cover a similar topic – the adoption of blockchain and bitcoin. He will review different stages of cryptocurrency adoption: from their zero value several years ago to wide opportunities in 2017.

Blockchain in power industry and other areas

Leading engineer of Polish IBM division Karolina Marzantowicz will devote her presentation to blockchain application in the power industry. The audience will learn how decentralization helps to cut costs in the power market. In addition, the conference will include presentations on the topics of national cryptocurrency issuance, mining, shifting business to smart contracts, and blockchain application in the insurance field. Alongside the conference, an exhibition of software, hardware, and related services that cater to the needs of crypto industry and investing will be held. More information about the topics and speakers is available on the website of Blockchain & Bitcoin Conference Stockholm.


The publication of a press release on this page should not be viewed as an endorsement by Block Explorer. Customers should always do their own research before buying from or investing funds in any company.