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Artur Schaback, COO and Co-founder of Paxful

Artur Schaback, COO and co-founder of Paxful

The DeFi Revolution: 7 Uses Cases for Bitcoin and Peer-to-Peer Tech

During its conference on 5 February, 2020 Bitcoin Wednesday is proud to present Artur Schaback, COO and Co-founder of Paxful, a peer-to-peer Bitcoin marketplace.  Artur will talk about the miracles that make the peer-to-peer revolution in finance possible, and reveal 7 critical use cases for Bitcoin and P2P tech.

Paxful is a direct competitor of LocalBitcoins.  It offers more than 300 ways to buy and sell Bitcoin, ranging from the standard cash and bank transfer to more unusual methods like gift cards from Nike, Paypal, Amazon and the IHOP American pancake chain.  This type of over-the-counter direct trading is not executed via a traditional order book and is non-custodial.

Despite implementing KYC registration earlier this year, Paxful has managed to increase the trading volume on its platform, in large part due to its global marketing reach.  Since its launch in 2015, the fast-growing startup has already been used to buy more than 480,000 bitcoins, and boasts more than 100 employees and offices in New York, Hong Kong, Tallinn, Estonia and Manila, Philippines.

Before taking on the COO role at Paxful, Artur was the company’s CTO.  He previously worked as a software developer and founded the Bitcoin development company Kaizern Systems.  A native of Estonia, Artur has a Master’s degree in Computer Science from TalTech, Talinn’s University of Technology.

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Artur Schaback, COO and co-founder of Paxful