Tag: finance
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…
SOMALI: Hargisa & Mogadishu Carrying Out Joint Cryptocurrency Trials
SomaliCoin Beta launched in 2012 and has been waiting for the perfect time to go LIVE. The SomaliCoin carry out tests on a new cryptocurrency before it is introduction into the national financial system Cryptocurrency wave has taken over the entire world. There is no single country that does not have a trace of cryptocurrency…
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…
SomaliCoin the Solution to Somali Financial crisis & Monetary policy
Transact with regulatory clarity SomaliCoin is the first crypto free of the regulatory friction and ambiguity faced by Bitcoin and others. It’s just money, no different than the Dollar, Euro or Yen, and benefits from the well established regulatory and legal framework shared by all sovereign currencies. Go between fiat and crypto As both a…
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.…
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…
