Bitoasis is a service that allows users in the Middle East to easily buy and sell Bitcoin.

Launched in Dubai in 2014, Bitoasis is now available across the MENA. “What you have with bitcoin is an open payment network that will enable a new generation of fintech startups to provide services cheaper than what currently exists, more efficient and potentially faster,” said Jordanian entrepreneurs, Ola Doudin, Bitoasis co-founder.

As well as recently contributing to Wamda’s State of Fintech report co-produced by Wamda and Payfort, Doudin spoke to Wamda TV about why bitcoin is going to become a groundbreaking element of the fintech industry.