Oct 31, 2017
Gluwa is a platform that enables its users to buy and sell
Bitcoin using fiat currency, and to use Bitcoin for payments,
without worrying about price volatility. Buyers are connected
through Gluwa to investors who are willing to loan their Bitcoin to
others, to be repaid with interest. Because buyers don't actually
own the Bitcoin they are using, they are protected from market
volatility–that risk is entirely for investors who provide the
Bitcoin to others. Most users have no desire to invest in Bitcoin,
and are using it temporarily, making it ideal for the casino market
in Asia. Gluwa is currently available in South Korea, and is
working on expanding to the US by the end of 2017. In the future,
Gluwa also hopes to connect investors in countries with large
amounts of capital and negative interest rates to emerging
economies with low capital and high interest rates, and ultimately
to bring Bitcoin to emerging economies as a stable and sustainable
currency.
For more information, visit www.gluwa.com.