New startup attempts to make cryptocurrency easier: Interview (Includes interview)

Cryptocurrency is growing in popularity, especially among millennials. Many cryptocurrency enthusiasts and investors try to quickly cash out on their investments during a significant price drop, and many struggle to do this before getting a chance to see the return on your investment. For many backers, the immediate reaction is to try and cash out before the value drops any further. However, this process is time consuming, requires multiple steps, and large fees, until the transaction can actually go through.

Paris-based startup, Tempo, is seeking to change this by creating a payment network that simplifies the exchange process from cryptocurrency to fiat money. Using Tempo’s mobile app and multiple agent locations, cashing out is becomes faster and more easily accessible.

To find out about the popularity of cryptocurrency and the new app, Digital Journal spoke with Anthony Barker, CTO of Tempo.

Digital Journal: How big is the consumer interest in cryptocurrency…