RATE Group | Cryptocurrency That Works Without Internet, mCoin Launches In Africa
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Cryptocurrency That Works Without Internet, mCoin Launches In Africa

26 Sep Cryptocurrency That Works Without Internet, mCoin Launches In Africa

Posted at 02:03h in Cryptocurrency News by

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London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app. Africa is a continent with millions of people who have access to mobile phones but little to no internet connectivity. ONEm wants to bring the benefit of cryptocurrency to millions of the unbanked in Africa through the mCoin program.

ONEm Communications is a tech startup that develops advanced platforms supporting an ecosystem of services. The ecosystem is a set of interactive services that seeks to transform the way people communicate and access information on mobile.

In an interview with Bitcoin Magazine, ONEm Co-Founder & CEO Christopher Richardson said the reception for the mCoin in Africa has been “tremendous.” He believes the blockchain can be combined with mobile technology to connect the unbanked in Africa.

“We believe when combined with informational and…

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