Cowbolt Launches App to Simplify Bitcoin Payments Among Friends and Family
Cowbolt, a new app introduced at the Bitcoin Conference in Las Vegas, aims to revolutionize peer-to-peer payments by allowing users to split expenses and settle payments using Bitcoin and USDT. The key mission of Cowbolt is to serve as a Bitcoin onramp, starting with transactions between family and friends.
The co-founder of Cowbolt, Daniel Ekström, stated, “We believe the most powerful onramp to Bitcoin isn’t an exchange — it’s people. That’s why we built Cowbolt. For friends, not hedge funds.” With Cowbolt, users can easily split costs and settle payments instantly without the need for intermediaries or traditional banking systems. This innovative approach aims to seamlessly integrate everyday transactions into the world of Bitcoin adoption.
Some of the features that Cowbolt brings to the table include the ability to split and settle payments, maintain control over private keys, ensure fast and trusted transactions, and facilitate cross-border payments. The app is already being utilized for various purposes such as remittances, group travel expenses, and everyday payments. Designed to resemble a modern fintech app, Cowbolt will be available for both iOS and Android users.
Tony Högqvist, the ex-Creative Director at Airbnb and co-founder of Cowbolt, emphasized the importance of simplicity in design. He stated, “Building Airbnb taught me that when design is simple and gets out of the way, people do amazing things. That’s the point here too. Not to store bitcoin in an ETF, but to use it between people. Effortlessly. Among teams, friends, families — every day.”
With its user-friendly interface and focus on facilitating seamless Bitcoin transactions among peers, Cowbolt is poised to make a significant impact in the world of cryptocurrency payments. Whether it’s splitting bills with friends, sending money to family members abroad, or making day-to-day purchases, Cowbolt aims to make Bitcoin familiar and accessible to everybody.