How Bitcoin can help fix things in Africa

Bitcoin Podcast

How Bitcoin can help fix things in Africa

This article is an excerpt from an interview session with Lorien Gamaroff, the CEO of Centbee; a South African Based Bitcoin Wallet And Merchant Payment Platform.

Centbee’s first, and most visible product, was its wallet. Then it produced a voucher system which lets people buy Bitcoin from a network of 50,000 retail outlets across South Africa. That also allows Centbee users to issue invoices and be paid by customers who visit any of those outlets — as demonstrated in a case study they filmed. Coming next will be a cross-border remittance solution, to let people send money from one country to another faster and more cheaply than with conventional methods.

Lorien says that Centbee isn’t focused on existing Bitcoin enthusiasts, especially currency speculators, but instead, “We are very interested in trying to get the world to adopt Bitcoin.” And he predicts that more and more people will recognise the efficiency of using Bitcoin — especially its speed of transaction.

Article Source 👉 Coin Geek

Share this post

Leave a Reply

Your email address will not be published.