Tag: crypto
Somalia: How Does it Work and Why SomaliCoin is Needed?
What are Stablecoins?Stablecoins are cryptocurrencies designed to maintain a stable value and whose prices are pegged against a fiat currency, a collection of fiat currencies, or other digital currencies. Most stablecoins on the market use the US Dollar as their reference point, and are supposed to keep their valuation as close as possible to $1…
SOMALICOIN Solution to Funds flowing to terrorism: National Security
Mobile money agents in Kenya have become cautious as the police investigate a link between use of the service and terror activities in the East African nation. SomaliCoin a Security Token was working for the past 7 years in building its infrastructure to solve money laundering to terror groups and criminal actors in the Somali…
Somali People Wants a Cashless Economy, Digital shillings is the solution
A disquiet is simmering within the government and public circles after the leakage of information that the government had settled on a foreigner for the top job at the central bank, for the first time in the country’s history. SomaliCoin a New Player has made Somali people question printing a new currency isn’t a solution.…
Mogadishu Exchange Seat Fetches Record High
Mogadishu Exchange has sold a single membership seat for $10,000 the highest bid price in its young history. MogEx Sold 5 Seats in Mogadishu. Mogadishu Exchange will become the First Crypto exchange in Sub-Saharan Africa to take such an initiative. The Mogadishu Exchange aims to launch in the second half of 2019 and wants to…
Ethiopia get ready for blockchain revolution
ADDIA ABABA (HAN) 29 January, 2019. Regional Financial Institution and Digital Tech for 21 century The buzz around cryptocurrencies which were making headlines not long ago has finally abated. The time has come for the blockchain technology itself, says Russian tech entrepreneur Aleksandr Ivanov. The founder and CEO of Waves Platform and Vostok project told…
