Crypto Africa: Africa's BitPesa Partners to Digitize Remittance
Hello,
This is Da blockchain and cryptocurrency enthusiast with another update on Crypto Africa.
Crypto Africa is the name I choose for my posts on blockchain and cryptocurrency adoption across Africa.
Today, I discuss about BitPesa's partnership with a Japanese based firms to digitize remittance.
BitPesa is one of largest and leading Cryptocurrency firm in Africa. Check out their official website
Source
Japanese based firm, Sompo Holdings has partnered with BitPesa to digitize international remittance.
This deal entails Sompo Holdings will enter BitPesa's capital as a shareholder and help to better navigate the financial sector.
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Also, BitPesa had recently partnered with another Japanese based firm, SBI Remit. This deal targets cross-border payments between Japan and Africa. It also offers direct trading pairs of the Japanese Yent and African currencies such as those of Ghana, Morocco, Uganda, Tanzania, Kenya, Nigeria and South Africa.
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Hello! I find your post valuable for the wafrica community! Thanks for the great post! We encourage and support quality contents and projects from the West African region.
Do you have a suggestion, concern or want to appear as a guest author on WAfrica, join our discord server and discuss with a member of our curation team.
Don't forget to join us every Sunday by 20:30GMT for our Sunday WAFRO party on our discord channel. Thank you.
Hi,
we at ImpactN set up a social network for social and environmental projects. One part of our services is Global crowd-funding of impactful projects such as a well in a village in Ghana, which just has been realised.
Just at the moment we are working on the remittance system. BitPesa looks great. How much is it used in real life in Cameroon?
Would you see a possibility of integrating Steem as currency instead of bitcoin to make it more eco-friendly ad even faster?
Hello,
Nice! I would be happy to learn more about your project(s).
Bitpetsa is not operational in Cameroon. This post and many others under my Crypto Africa series are based on my findings and research as a young African Crypto enthusiast.
Yes, I would love to see it happen. Good thing is that there are no reliable or popular Crypto exchanges in Cameroon. So, the market is still very much open.
A Steem integration would be perfect to promote the adoption of Steem as well as create more awareness of cryptocurrency in Cameroon. It would probably get me working on my Steem Cameroon initiative once again.
I created Steem Cameroon which is an initiative to promote Steem and get more Cameroonians on Steem. We were over 40 members and growing at the time but the lack of support from the community, no use case of Steem in Cameroon and the RC nature of Steem turned to scare many away.
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